CVX · News · 20261105N

Upstream Production Volume

CHEVRON CORP · 2026-11-05 · Importance 31 · Surprise 32

Chevron set a quarterly natural gas production record in third-quarter 2026, producing more than 9 billion cubic feet per day (Bcf/d). Australia and the Eastern Mediterranean led the gas production milestone. Total net oil-equivalent production was 3.98 million barrels of oil equivalent per day (MMboe/d), down from 4.086 MMboe/d in third-quarter 2025, a decline of about 2.6%. Planned turnarounds, higher-price entitlement impacts and Middle East conflict-related disruptions affected production.

Key facts

• Chevron's Q3 2026 total net oil-equivalent production was 3.98 million barrels of oil equivalent per day (MMboe/d), down from 4.086 MMboe/d in the year-ago quarter. source
• Chevron set a quarterly natural gas production record in Q3 2026, producing more than 9 billion cubic feet per day (Bcf/d). source
• Chevron's Q3 2026 output reflected improving production from key gas assets despite planned turnarounds, higher-price entitlement impacts and disruptions related to the Middle East conflict. source