Chevron Bolsters U.S. Gulf of Mexico Production With Whale Facility Startup
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Chevron has started production at its Whale facility in the U.S. Gulf of Mexico, moving closer to its goal of producing 300,000 net barrels of oil equivalent per day by 2026.
January 09, 2025 | 5:00 pm
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Chevron's Whale facility in the U.S. Gulf of Mexico has started production, enhancing its oil output and moving towards its 2026 production target.
The startup of the Whale facility is a significant step for Chevron, as it directly contributes to its strategic goal of increasing production in the Gulf of Mexico. This development is likely to positively impact Chevron's revenues and stock price in the short term.
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