Permian output rises to 338,000 boe/d Attributes high growth to well design tweaks, high-density fracs Chevron USGC oil export capacity to triple in early 2019 Houston — Chevron’s production from the Permian Basin pole-vaulted 80% in the third quarter over the same period in 2017, based on tweaks made to its method of drilling and completing wells in the prolific US play, the company said Friday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Chevron’s tight oil and natural gas production from the Midland (eastern) and Delaware (western) sub-basins of the West Texas/eastern New Mexico play totaled 338,000 b/d of oil equivalent in the period, Chevron Chief Financial Officer Pat Yarrington said during a company earnings conference call. “That’s the equivalent of adding a midsized Permian pure-play E&P company in a matter of months,” Yarrington said. “We’re operating off a new basis of design […]