CVX · 8-K · 20261006PR000192

Upstream Production Volume

CHEVRON CORP · 2026-10-06 · Importance 23 · Surprise 24

Chevron expects to sustain Bakken production through ongoing technology deployment and operational improvements drawn from its global shale and tight portfolio. Revised Bakken midstream agreements are expected to reduce Chevron’s Bakken unit midstream costs by approximately 50%, supporting continued competitive upstream development activity. The changes are expected to improve return on capital employed by 0.5% on an absolute basis and establish new DJ Basin crude midstream contracts.

Key facts