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home / news releases / CVX - Reuters: Permian Basin boom outpaces supply transport networks


CVX - Reuters: Permian Basin boom outpaces supply transport networks

  • Crude oil output from the Permian Basin in 2019 will total 200K bbl/day less than it could have been because of transport constraints - full pipelines, not getting enough oil on railroads, not enough workers, difficulty sourcing sand and water - Wood Mackenzie estimates, saying the prolific producing region could have totaled 4.1M bbl/day if more pipeline space were available.
  • More news on: Parsley Energy, Inc., Pioneer Natural Resources Company, ConocoPhillips, Energy stocks news, ,
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Stock Information

Company Name: Chevron Corporation
Stock Symbol: CVX
Market: NYSE
Website: chevron.com

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