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E&P Highlights: March 24, 2025 [Yahoo! Finance]

Chevron Corporation (CVX) More Company Research Source: Yahoo! Finance

Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report

US:NYSE Investor Relations: chevron.com/investors

MOL has discovered a new oil field near Somogysámson in western Hungary. During exploration drilling in December, oil was found at a depth of 1,250 meters (m). According to the results, the well located in the Somogysámson-oilfield is able to produce 1,200 bbl/d. The drilling of the new well, called Som-8, began on Nov. 25, and was completed at Christmas. The oil is transported by truck to the Danube refinery in Százhalombatta. The well accounts for 1% of the company's production. Israel awarded licenses to BP , Azeri national oil firm Socar and local company NewMed Energy (formerly Delek Drilling) to explore for natural gas in Israeli waters, Reuters reported. Socar will act as operator of the exploration consortium in the Cluster I area near the Leviathan Field, while BP will be involved in Israel's natural gas sector for the first time. NewMed is already the largest stakeholder in Leviathan, the giant offshore field operated by Chevron. Cluster I is a 1,700 sq km area loca [Read more]

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