Short-Cycle Projects = Shale -- December 7, 2018

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Title : Short-Cycle Projects = Shale -- December 7, 2018
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Short-Cycle Projects = Shale -- December 7, 2018

From OGJ -- Chevron will increase 2019 CAPEX -- data points:
  • 2019 CAPEX: $20 billion
  • upstream / downstream
  • CAPEX will focus on:
    • the Permian
    • additional shale and tight development
    • major capital project at TCO in Kazakhstan (recently posted)
  • focused on short-cycle projects
  • more than two-thirds of spend projected to realize cash flow within two years


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