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Last $85.43 USD
Change Today +2.44 / 2.94%
Volume 9.8M
CVX On Other Exchanges
EN Amsterdam
Sao Paulo
As of 8:04 PM 02/12/16 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

6001 Bollinger Canyon Road

San Ramon, CA 94583

United States

Phone: 925-842-1000


erated interest in Blocks 9 and 14 located in the Kanumas Area, offshore the northeast coast of Greenland. Argentina: In the Vaca Muerta Shale formation, the company holds a 50 percent nonoperated interest in two concessions covering 73,000 net acres. The company also holds an 85 percent-owned and operated interest in one concession covering 94,000 net acres with both conventional production and Vaca Muerta Shale potential. In addition, the company holds operated interests in three concessions covering 73,000 net acres in the Neuquen Basin, with interests ranging from 18.8 percent to 100 percent. During 2014, the company signed agreements for exploration of shale oil and gas resources in the Narambuena area in the Chihuido de la Sierra Negra concession, also in the Vaca Muerta Shale. Brazil: The company holds interests in three deepwater fields in the Campos Basin: Frade (51.7 percent-owned and operated), Papa-Terra and Maromba (37.5 percent and 30 percent nonoperated working interests, respectively). Additionally, the company holds a 50 percent-owned and operated interest in Block CE-M715, located in the Ceara Basin offshore equatorial Brazil. Colombia: The company operates the offshore Chuchupa and the onshore Ballena and Riohacha natural gas fields and receives 43 percent of the production for the remaining life of each field and a variable production volume based on prior Chuchupa capital contributions. Suriname: The company holds a 50 percent non operated working interest in Blocks 42 and 45 offshore Suriname. In 2014, 2-D and 3-D seismic data for both blocks were processed. Trinidad and Tobago: The company has a 50 percent non operated working interest in three blocks in the East Coast Marine Area offshore Trinidad, which includes the Dolphin and Dolphin Deep producing natural gas fields and the Starfish development. The company also operates and holds a 50 percent interest in the Manatee Area of Block 6(d), where the Manatee discovery comprises a single cross-border field with Venezuela's Loran Field in Block 2. Venezuela: The company has a 30 percent interest in the Petropiar affiliate that operates the Hamaca heavy oil production and upgrading project located in Venezuela’s Orinoco Belt under an agreement expiring in 2033. The company also holds a 39.2 percent interest in the Petroboscan affiliate that operates the Boscan Field in western Venezuela and a 25.2 percent interest in the Petroindependiente affiliate that operates the LL-652 Field in Lake Maracaibo, both of which are under agreements expiring in 2026. The company holds a 34 percent interest in the Petroindependencia affiliate that is working toward commercialization of Carabobo 3, a heavy oil project located within the Carabobo Area of the Orinoco Belt. The company also operates and holds a 60 percent interest in Block 2 and a 100 percent interest in Block 3 in the Plataforma Deltana area offshore eastern Venezuela. Africa In Africa, the company is engaged in upstream activities in Angola, Democratic Republic of the Congo, Liberia, Mauritania, Morocco, Nigeria, Republic of the Congo, Sierra Leone and South Africa. Angola: The company operates and holds a 39.2 percent interest in Block 0, a concession adjacent to the Cabinda coastline, and a 31 percent interest in a production-sharing contract (PSC) for deepwater Block 14. The company also has a 16.3 percent nonoperated working interest in the onshore Fina Sonangol Texaco concession area. In addition, the company has a 36.4 percent interest in Angola LNG Limited. In addition to the exploration and production activities, Angola LNG Limited operates an onshore natural gas liquefaction plant in Soyo, Angola. The plant has the capacity to process 1.1 billion cubic feet of natural gas per day. The company also holds a 38.1 percent interest in the Congo River Canyon Crossing Pipeline project that is designed to transport up to 250 million cubic feet of natural gas per day from Block 0 and Block 14 to the Angola LNG plant. Angola-Republic of the Congo Joint Development Area: The company operates and holds a 31.3 percent interest in the Lianzi Unitization Zone, locate


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