Chevron produces 1 million barrels of oil-equivalent per day in Permian Basin, Texas

Reuters2026/08/21 15:24

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Chevron reported output of about 1 million barrels of oil-equivalent per day from the Permian Basin in Texas, underscoring the region’s role as a key supply hub for US fuel and petrochemical feedstocks.
The update comes as Texas’ population rose by 391,243 in 2025 to 31.7 million, lifting demand for energy and transport.
The company framed its Permian production as a foundation for a broader in-state energy network supporting growth across the state.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chevron Corporation published the original content used to generate this news brief on August 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Chevron produces 1 million barrels of oil-equivalent per day in Permian Basin, Texas

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