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Permian push: Chevron targets 6000 wells to drive output to 1 million bpd - Upstream Online

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Permian push: Chevron targets 6000 wells to drive output to 1 million bpd | Upstream Online

Chevron chief executive Mike Wirth said the company has identified enough well locations in the US Permian basin to support its oil and gas production “through the end of the next decade”.

Permian push: Chevron targets 6000 wells to drive output to 1 million bpd

Supermajor sets bullish outlook for hydrocarbon output well into the 2030s, underpinned by huge drilling campaign in US shale

28 July 2023 16:03 GMT Updated 28 July 2023 17:07 GMT
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Related Knowledge Center: Methane

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As the production of natural gas from shale fields has expanded, so have methane emissions. U.S. methane emissions grew 27 percent from 1990 to 2009, according to the Energy Information Administration. Methane contributes about 10 percent of all U.S. greenhouse gas emissions and is 25 times more potent a greenhouse gas than carbon dioxide. 

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