How Chevron Is Maintaining Prominence in the Permian Basin
Channel: Bloomberg Television
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Read a transcript preview of “How Chevron Is Maintaining Prominence in the Permian Basin” from Bloomberg Television, uploaded on 2026-11-12.
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Language: English (original, creator captions)
[0:00] Boehner's mastery of every aspect of Chevron's business will be essential
[0:04] when she takes up her next challenge in 2027 as president of oil and gas
[0:09] Products. On our visit to the Permian Basin, she
[0:12] explained that the longevity and scale of the company's holdings there has
[0:16] become a huge competitive advantage. We have interest in one in every five
[0:21] wells in the Permian, so an unmatched position in terms of data and history.
[0:28] How efficient is Chevron now in terms of actually extracting oil in the Permian?
[0:34] How many rigs does it take? We're 40% more efficient w