As Exxon Pumps the Brakes on the Permian, Chevron Ramps Up

The video features an interview with Mike Wirth, CEO of Chevron, discussing productivity improvements in the Permian Basin, operational strategies, cost management, and future investment plans. Chevron aims to increase productivity and reduce costs through technological advancements and strategic planning. The company is confident in generating positive cash flow and sees significant resource potential in the Permian Basin, with plans to expand production and explore market opportunities.

What challenges do small and medium-sized companies face in the current oil market according to Mike Wirth?

How has Chevron's estimate of resources in the Permian Basin changed over the years?

What technological advancements is Chevron pursuing to improve recovery in the Permian?