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Chevron’s Permian JV Partners Not Cutting Back Activity Amid Low Oil Prices: CEO

Summary by OklahomaMinerals.com
By Starr Spencer | S&P Global | Chevron, one of the biggest producers in the US’ Permian Basin and with high visibility into a wide swath of the play’s operations through joint ventures, has not seen its partners cut back activity due to lower oil prices and market turmoil over recent tariff concerns, the company’s top executive said May 2. “At this point, we don’t really see any actions that have been taken to pull back by our partners” in Perm…
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OklahomaMinerals.com broke the news in on Tuesday, May 6, 2025.
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