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Chevron Set to Deliver Upstream Growth.


A big chunk of ChevronTexaco's 2005 pack has been earmarked for several major upstream throws that company executives bet will lead to average annual oil and gas production development of at least 3% beginning in 2006

More specifically, throws scheduled to come on line between now and 2008 are wait fored to lead to a sharp increase in production, to 3 million barrels of oil equivalent for day in 2008 from anticipated 2004 turns of 2.5 million boe/d.

Chevron awaits its base volumes to dip during that time, on the other hand several multibillion-dollar projects will add 1 million boe/d by means of ...


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