Chevron’s Supplier Forum was very informative with its presentations and gave attendees the opportunity to network with various representatives in its procurement department.
- Chevron stated that will drill 100 wells this year to date it has drilled 71. Chevron’s goal is to drill 300 wells a year. To give you a perspective on 300 wells a year, it is about the same number of wells Chesapeake drilled at the height of its drilling activity in PA.
- Chevron is one of the largest lease holders in the Marcellus and Utica Shale region. It has about 800,000 acres in PA and almost 700,000 acres in OH.
- Chevron has been issued a new permit to drill its second horizontal well in Mercer County, Pa., the Pennsylvania Department of Environmental Protection reports.
- Chevron Appalachia LLC was awarded the permit Oct. 15, records show, for drilling rights to the Hurtt property in East Lackawannock Township in Mercer County.
Joseph F. Barone