The Permian Basin is one of the most prolific
oil and natural gas geologic basins in the United States. It is an
engine of America’s energy resurgence and has been delivering resources
for our vehicles, manufacturing, power generation and homes for many
decades.
Chevron and its legacy companies have been a fixture in the Permian, which is located in the southwestern United States, since the early 1920s. In 2011,
Chevron produced its 5 billionth barrel from the Permian. Today we are among the largest producers of oil and natural gas in the basin, and with approximately 2 million net acres of resources, Chevron is the Permian Basin’s largest net acreage holder.
The basin spans West Texas and southeastern New Mexico. Enhanced oil
recovery techniques—first water flooding and then carbon dioxide
injection—have had major applications in the Permian. The basin holds
the largest crude oil fields in the United States, including more than
20 of the nation’s top 100 oil fields.
The Permian is delivering transformational production growth as we apply advanced technologies and build drilling efficiencies to enable greater success in fueling America’s energy needs.
The Permian Basin is approximately 250 miles wide and 300 miles long, across West Texas and southeastern New Mexico. It encompasses several sub-basins, including the Delaware Basin and the Midland Basin.
Chevron and its legacy companies have been a fixture in the Permian, which is located in the southwestern United States, since the early 1920s. In 2011,
Chevron produced its 5 billionth barrel from the Permian. Today we are among the largest producers of oil and natural gas in the basin, and with approximately 2 million net acres of resources, Chevron is the Permian Basin’s largest net acreage holder.
The basin spans West Texas and southeastern New Mexico. Enhanced oil
recovery techniques—first water flooding and then carbon dioxide
injection—have had major applications in the Permian. The basin holds
the largest crude oil fields in the United States, including more than
20 of the nation’s top 100 oil fields.The Permian is delivering transformational production growth as we apply advanced technologies and build drilling efficiencies to enable greater success in fueling America’s energy needs.
The Permian Basin is approximately 250 miles wide and 300 miles long, across West Texas and southeastern New Mexico. It encompasses several sub-basins, including the Delaware Basin and the Midland Basin.
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