View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
December 3, 2021updated 27 Apr 2022 11:57am

Permian Basin Unconventional (Chevron Corporation) NM Unconventional Oil Field, US

By Carmen

Permian Basin Unconventional (Chevron Corporation) NM is a producing unconventional oil field located onshore the US and is operated by Chevron.

Field participation details

The field is owned by Chevron.

Production from Permian Basin Unconventional (Chevron Corporation) NM

The Permian Basin Unconventional (Chevron Corporation) NM unconventional oil field recovered 12.74% of its total recoverable reserves, with peak production expected in 2030. The peak production will approximately 344.65 thousand bpd of crude oil and condensate, 883 Mmcfd of natural gas and 68.77 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2048.

Remaining recoverable reserves

The field is expected to recover 1,931.72 Mmboe, comprised of 1,153.89 Mmbbl of crude oil & condensate, 3,052.2 bcf of natural gas reserves and 269.13 Mmbbl of natural gas liquid reserves. Permian Basin Unconventional (Chevron Corporation) NM unconventional oil field reserves accounts 2.39% of total remaining reserves of producing unconventional oil fields globally.

About Chevron

Chevron Corp (Chevron) is an integrated oil and gas company. It operates in the oil and gas value chain including exploration and production, storage and pipeline transportation to refining, marketing and distribution of oil and gas products. The company explores, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and lubricants; and sells petrochemicals and additives. Chevron has interests in gas to liquid facilities in its operating regions. The company has operational presence in North America, South America, Europe, Asia, the Middle East and Africa. Chevron is headquartered in San Ramon, California, the US.


Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy


Thank you for subscribing to Offshore Technology