Chevron to sell some Permian assets valued at more than $1 billion -sources​

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Chevron to sell some Permian assets valued at more than $1 billion -sources

Reuters2021-07-01

(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters. U.S. oil ...

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jolinisme
·2021-07-01
Ok
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1
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yawn88
·2021-07-01
So what's next? Join venture with exxon?
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SandDust
·2021-07-01
The end of oil area?
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2
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Zified
·2021-07-01
Ok
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1
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SillyOldBear
·2021-07-01
Like and comment pls
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- Xiaolongbao:
  Ok
  2021-07-01
  Reply
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Chels
·2021-07-01
Nice
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2
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KH321
·2021-07-01
Will they distribute special dividends?
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- iisterry:
  Ya
  2021-07-01
  Reply
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Tong532
·2021-07-01
Hi
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- Tong532:
  Hi
  2021-07-01
  Reply
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e13v3n
·2021-07-01
pls like comment
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Chevron is looking to sell lower-value assets, while some majors, like Royal Dutch Shell are considering exiting the formation entirely.</p>\n<p>Shell is looking to exit the Permian to invest in energy transition, while Chevron wants to invest only in the highest performing assets.</p>\n<p>Chevron has retained an investment bank to market some Permian oil and gas fields valued at $879 million, and has additional assets of more than $200 million available for sale elsewhere in the basin, the sources said.</p>\n<p>Initial bid proposals were planned for June 10, with a planned July 1 sale date for the larger package. The assets are operated by Chevron and Occidental and span 57,000 net acres with production of about 10,100 barrels of oil equivalent per day.</p>\n<p>The company did not immediately respond to requests for comment.</p>\n<p>Together, the assets Chevron is marketing could fetch as much as $1.2 billion, based upon the strength of oil futures, according to <a href=\"https://laohu8.com/S/AONE\">one</a> of the people.</p>\n<p>Chevron has been evaluating other assets in the Permian and elsewhere, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the people said, and could divest older assets over the year as it looks to boost investments in energy transition.</p>\n<p>Chevron has previously said it is fine-tuning its oil holdings.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chevron to sell some Permian assets valued at more than $1 billion -sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChevron to sell some Permian assets valued at more than $1 billion -sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/chevron-sell-permian-assets-valued-192809764.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters.\nU.S. oil ...</p>\n\n<a href=\"https://finance.yahoo.com/news/chevron-sell-permian-assets-valued-192809764.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CVX":"雪佛龙"},"source_url":"https://finance.yahoo.com/news/chevron-sell-permian-assets-valued-192809764.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148845017","content_text":"(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters.\nU.S. oil futures have soared more than 50 percent so far this year, prompting companies to try to sell assets in Permian basin of Texas and New Mexico, the country's largest oil field. Chevron is looking to sell lower-value assets, while some majors, like Royal Dutch Shell are considering exiting the formation entirely.\nShell is looking to exit the Permian to invest in energy transition, while Chevron wants to invest only in the highest performing assets.\nChevron has retained an investment bank to market some Permian oil and gas fields valued at $879 million, and has additional assets of more than $200 million available for sale elsewhere in the basin, the sources said.\nInitial bid proposals were planned for June 10, with a planned July 1 sale date for the larger package. The assets are operated by Chevron and Occidental and span 57,000 net acres with production of about 10,100 barrels of oil equivalent per day.\nThe company did not immediately respond to requests for comment.\nTogether, the assets Chevron is marketing could fetch as much as $1.2 billion, based upon the strength of oil futures, according to one of the people.\nChevron has been evaluating other assets in the Permian and elsewhere, one of the people said, and could divest older assets over the year as it looks to boost investments in energy transition.\nChevron has previously said it is fine-tuning its oil holdings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":151784123,"gmtCreate":1625107251962,"gmtModify":1703736295443,"author":{"id":"3587000727729343","authorId":"3587000727729343","name":"yawn88","avatar":"https://static.tigerbbs.com/a43cd510fa095def9524335eb17a1d8f","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3587000727729343","idStr":"3587000727729343"},"htmlText":"So what's next? Join venture with exxon?&nbsp;","listText":"So what's next? Join venture with exxon?&nbsp;","text":"So what's next? Join venture with exxon?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151784123","repostId":2148845017,"repostType":4,"repost":{"id":"2148845017","kind":"news","pubTimestamp":1625103189,"share":"https://ttm.financial/m/news/2148845017?lang=&edition=fundamental","pubTime":"2021-07-01 09:33","market":"us","language":"en","title":"Chevron to sell some Permian assets valued at more than $1 billion -sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2148845017","media":"Reuters","summary":"(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in th","content":"<p>(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters.</p>\n<p>U.S. oil futures have soared more than 50 percent so far this year, prompting companies to try to sell assets in Permian basin of Texas and New Mexico, the country's largest oil field. Chevron is looking to sell lower-value assets, while some majors, like Royal Dutch Shell are considering exiting the formation entirely.</p>\n<p>Shell is looking to exit the Permian to invest in energy transition, while Chevron wants to invest only in the highest performing assets.</p>\n<p>Chevron has retained an investment bank to market some Permian oil and gas fields valued at $879 million, and has additional assets of more than $200 million available for sale elsewhere in the basin, the sources said.</p>\n<p>Initial bid proposals were planned for June 10, with a planned July 1 sale date for the larger package. The assets are operated by Chevron and Occidental and span 57,000 net acres with production of about 10,100 barrels of oil equivalent per day.</p>\n<p>The company did not immediately respond to requests for comment.</p>\n<p>Together, the assets Chevron is marketing could fetch as much as $1.2 billion, based upon the strength of oil futures, according to <a href=\"https://laohu8.com/S/AONE\">one</a> of the people.</p>\n<p>Chevron has been evaluating other assets in the Permian and elsewhere, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the people said, and could divest older assets over the year as it looks to boost investments in energy transition.</p>\n<p>Chevron has previously said it is fine-tuning its oil holdings.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chevron to sell some Permian assets valued at more than $1 billion -sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChevron to sell some Permian assets valued at more than $1 billion -sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/chevron-sell-permian-assets-valued-192809764.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters.\nU.S. oil ...</p>\n\n<a href=\"https://finance.yahoo.com/news/chevron-sell-permian-assets-valued-192809764.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CVX":"雪佛龙"},"source_url":"https://finance.yahoo.com/news/chevron-sell-permian-assets-valued-192809764.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148845017","content_text":"(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters.\nU.S. oil futures have soared more than 50 percent so far this year, prompting companies to try to sell assets in Permian basin of Texas and New Mexico, the country's largest oil field. Chevron is looking to sell lower-value assets, while some majors, like Royal Dutch Shell are considering exiting the formation entirely.\nShell is looking to exit the Permian to invest in energy transition, while Chevron wants to invest only in the highest performing assets.\nChevron has retained an investment bank to market some Permian oil and gas fields valued at $879 million, and has additional assets of more than $200 million available for sale elsewhere in the basin, the sources said.\nInitial bid proposals were planned for June 10, with a planned July 1 sale date for the larger package. The assets are operated by Chevron and Occidental and span 57,000 net acres with production of about 10,100 barrels of oil equivalent per day.\nThe company did not immediately respond to requests for comment.\nTogether, the assets Chevron is marketing could fetch as much as $1.2 billion, based upon the strength of oil futures, according to one of the people.\nChevron has been evaluating other assets in the Permian and elsewhere, one of the people said, and could divest older assets over the year as it looks to boost investments in energy transition.\nChevron has previously said it is fine-tuning its oil holdings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":151790216,"gmtCreate":1625105431435,"gmtModify":1703736241340,"author":{"id":"3581331938298103","authorId":"3581331938298103","name":"SandDust","avatar":"https://static.tigerbbs.com/ea6083d742fc232449a625fb122842c8","vip":1,"crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"3581331938298103","idStr":"3581331938298103"},"htmlText":"The end of oil area?&nbsp;","listText":"The end of oil area?&nbsp;","text":"The end of oil area?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151790216","repostId":2148845017,"repostType":4,"repost":{"id":"2148845017","kind":"news","pubTimestamp":1625103189,"share":"https://ttm.financial/m/news/2148845017?lang=&edition=fundamental","pubTime":"2021-07-01 09:33","market":"us","language":"en","title":"Chevron to sell some Permian assets valued at more than $1 billion -sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2148845017","media":"Reuters","summary":"(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in th","content":"<p>(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters.</p>\n<p>U.S. oil futures have soared more than 50 percent so far this year, prompting companies to try to sell assets in Permian basin of Texas and New Mexico, the country's largest oil field. Chevron is looking to sell lower-value assets, while some majors, like Royal Dutch Shell are considering exiting the formation entirely.</p>\n<p>Shell is looking to exit the Permian to invest in energy transition, while Chevron wants to invest only in the highest performing assets.</p>\n<p>Chevron has retained an investment bank to market some Permian oil and gas fields valued at $879 million, and has additional assets of more than $200 million available for sale elsewhere in the basin, the sources said.</p>\n<p>Initial bid proposals were planned for June 10, with a planned July 1 sale date for the larger package. The assets are operated by Chevron and Occidental and span 57,000 net acres with production of about 10,100 barrels of oil equivalent per day.</p>\n<p>The company did not immediately respond to requests for comment.</p>\n<p>Together, the assets Chevron is marketing could fetch as much as $1.2 billion, based upon the strength of oil futures, according to <a href=\"https://laohu8.com/S/AONE\">one</a> of the people.</p>\n<p>Chevron has been evaluating other assets in the Permian and elsewhere, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the people said, and could divest older assets over the year as it looks to boost investments in energy transition.</p>\n<p>Chevron has previously said it is fine-tuning its oil holdings.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chevron to sell some Permian assets valued at more than $1 billion -sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChevron to sell some Permian assets valued at more than $1 billion -sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/chevron-sell-permian-assets-valued-192809764.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters.\nU.S. oil ...</p>\n\n<a href=\"https://finance.yahoo.com/news/chevron-sell-permian-assets-valued-192809764.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CVX":"雪佛龙"},"source_url":"https://finance.yahoo.com/news/chevron-sell-permian-assets-valued-192809764.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148845017","content_text":"(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters.\nU.S. oil futures have soared more than 50 percent so far this year, prompting companies to try to sell assets in Permian basin of Texas and New Mexico, the country's largest oil field. Chevron is looking to sell lower-value assets, while some majors, like Royal Dutch Shell are considering exiting the formation entirely.\nShell is looking to exit the Permian to invest in energy transition, while Chevron wants to invest only in the highest performing assets.\nChevron has retained an investment bank to market some Permian oil and gas fields valued at $879 million, and has additional assets of more than $200 million available for sale elsewhere in the basin, the sources said.\nInitial bid proposals were planned for June 10, with a planned July 1 sale date for the larger package. The assets are operated by Chevron and Occidental and span 57,000 net acres with production of about 10,100 barrels of oil equivalent per day.\nThe company did not immediately respond to requests for comment.\nTogether, the assets Chevron is marketing could fetch as much as $1.2 billion, based upon the strength of oil futures, according to one of the people.\nChevron has been evaluating other assets in the Permian and elsewhere, one of the people said, and could divest older assets over the year as it looks to boost investments in energy transition.\nChevron has previously said it is fine-tuning its oil holdings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":151704704,"gmtCreate":1625105347008,"gmtModify":1703736238552,"author":{"id":"3575931476822699","authorId":"3575931476822699","name":"Zified","avatar":"https://static.tigerbbs.com/2504476ab9db7b38867d7694e9c634e7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3575931476822699","idStr":"3575931476822699"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151704704","repostId":2148845017,"repostType":4,"repost":{"id":"2148845017","kind":"news","pubTimestamp":1625103189,"share":"https://ttm.financial/m/news/2148845017?lang=&edition=fundamental","pubTime":"2021-07-01 09:33","market":"us","language":"en","title":"Chevron to sell some Permian assets valued at more than $1 billion -sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2148845017","media":"Reuters","summary":"(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in th","content":"<p>(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters.</p>\n<p>U.S. oil futures have soared more than 50 percent so far this year, prompting companies to try to sell assets in Permian basin of Texas and New Mexico, the country's largest oil field. Chevron is looking to sell lower-value assets, while some majors, like Royal Dutch Shell are considering exiting the formation entirely.</p>\n<p>Shell is looking to exit the Permian to invest in energy transition, while Chevron wants to invest only in the highest performing assets.</p>\n<p>Chevron has retained an investment bank to market some Permian oil and gas fields valued at $879 million, and has additional assets of more than $200 million available for sale elsewhere in the basin, the sources said.</p>\n<p>Initial bid proposals were planned for June 10, with a planned July 1 sale date for the larger package. The assets are operated by Chevron and Occidental and span 57,000 net acres with production of about 10,100 barrels of oil equivalent per day.</p>\n<p>The company did not immediately respond to requests for comment.</p>\n<p>Together, the assets Chevron is marketing could fetch as much as $1.2 billion, based upon the strength of oil futures, according to <a href=\"https://laohu8.com/S/AONE\">one</a> of the people.</p>\n<p>Chevron has been evaluating other assets in the Permian and elsewhere, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the people said, and could divest older assets over the year as it looks to boost investments in energy transition.</p>\n<p>Chevron has previously said it is fine-tuning its oil holdings.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chevron to sell some Permian assets valued at more than $1 billion -sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChevron to sell some Permian assets valued at more than $1 billion -sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/chevron-sell-permian-assets-valued-192809764.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters.\nU.S. oil ...</p>\n\n<a href=\"https://finance.yahoo.com/news/chevron-sell-permian-assets-valued-192809764.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CVX":"雪佛龙"},"source_url":"https://finance.yahoo.com/news/chevron-sell-permian-assets-valued-192809764.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148845017","content_text":"(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters.\nU.S. oil futures have soared more than 50 percent so far this year, prompting companies to try to sell assets in Permian basin of Texas and New Mexico, the country's largest oil field. Chevron is looking to sell lower-value assets, while some majors, like Royal Dutch Shell are considering exiting the formation entirely.\nShell is looking to exit the Permian to invest in energy transition, while Chevron wants to invest only in the highest performing assets.\nChevron has retained an investment bank to market some Permian oil and gas fields valued at $879 million, and has additional assets of more than $200 million available for sale elsewhere in the basin, the sources said.\nInitial bid proposals were planned for June 10, with a planned July 1 sale date for the larger package. The assets are operated by Chevron and Occidental and span 57,000 net acres with production of about 10,100 barrels of oil equivalent per day.\nThe company did not immediately respond to requests for comment.\nTogether, the assets Chevron is marketing could fetch as much as $1.2 billion, based upon the strength of oil futures, according to one of the people.\nChevron has been evaluating other assets in the Permian and elsewhere, one of the people said, and could divest older assets over the year as it looks to boost investments in energy transition.\nChevron has previously said it is fine-tuning its oil holdings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":151701810,"gmtCreate":1625105121330,"gmtModify":1703736230099,"author":{"id":"3559770113710833","authorId":"3559770113710833","name":"SillyOldBear","avatar":"https://static.tigerbbs.com/ef207140107fde8983f710c746a5b404","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3559770113710833","idStr":"3559770113710833"},"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/151701810","repostId":2148845017,"repostType":4,"repost":{"id":"2148845017","kind":"news","pubTimestamp":1625103189,"share":"https://ttm.financial/m/news/2148845017?lang=&edition=fundamental","pubTime":"2021-07-01 09:33","market":"us","language":"en","title":"Chevron to sell some Permian assets valued at more than $1 billion -sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2148845017","media":"Reuters","summary":"(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in th","content":"<p>(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters.</p>\n<p>U.S. oil futures have soared more than 50 percent so far this year, prompting companies to try to sell assets in Permian basin of Texas and New Mexico, the country's largest oil field. Chevron is looking to sell lower-value assets, while some majors, like Royal Dutch Shell are considering exiting the formation entirely.</p>\n<p>Shell is looking to exit the Permian to invest in energy transition, while Chevron wants to invest only in the highest performing assets.</p>\n<p>Chevron has retained an investment bank to market some Permian oil and gas fields valued at $879 million, and has additional assets of more than $200 million available for sale elsewhere in the basin, the sources said.</p>\n<p>Initial bid proposals were planned for June 10, with a planned July 1 sale date for the larger package. The assets are operated by Chevron and Occidental and span 57,000 net acres with production of about 10,100 barrels of oil equivalent per day.</p>\n<p>The company did not immediately respond to requests for comment.</p>\n<p>Together, the assets Chevron is marketing could fetch as much as $1.2 billion, based upon the strength of oil futures, according to <a href=\"https://laohu8.com/S/AONE\">one</a> of the people.</p>\n<p>Chevron has been evaluating other assets in the Permian and elsewhere, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the people said, and could divest older assets over the year as it looks to boost investments in energy transition.</p>\n<p>Chevron has previously said it is fine-tuning its oil holdings.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chevron to sell some Permian assets valued at more than $1 billion -sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChevron to sell some Permian assets valued at more than $1 billion -sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/chevron-sell-permian-assets-valued-192809764.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters.\nU.S. oil ...</p>\n\n<a href=\"https://finance.yahoo.com/news/chevron-sell-permian-assets-valued-192809764.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CVX":"雪佛龙"},"source_url":"https://finance.yahoo.com/news/chevron-sell-permian-assets-valued-192809764.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148845017","content_text":"(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters.\nU.S. oil futures have soared more than 50 percent so far this year, prompting companies to try to sell assets in Permian basin of Texas and New Mexico, the country's largest oil field. Chevron is looking to sell lower-value assets, while some majors, like Royal Dutch Shell are considering exiting the formation entirely.\nShell is looking to exit the Permian to invest in energy transition, while Chevron wants to invest only in the highest performing assets.\nChevron has retained an investment bank to market some Permian oil and gas fields valued at $879 million, and has additional assets of more than $200 million available for sale elsewhere in the basin, the sources said.\nInitial bid proposals were planned for June 10, with a planned July 1 sale date for the larger package. The assets are operated by Chevron and Occidental and span 57,000 net acres with production of about 10,100 barrels of oil equivalent per day.\nThe company did not immediately respond to requests for comment.\nTogether, the assets Chevron is marketing could fetch as much as $1.2 billion, based upon the strength of oil futures, according to one of the people.\nChevron has been evaluating other assets in the Permian and elsewhere, one of the people said, and could divest older assets over the year as it looks to boost investments in energy transition.\nChevron has previously said it is fine-tuning its oil holdings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5087534,"gmtCreate":1625105672320,"gmtModify":1635240067078,"authorId":3574843478751505,"author":{"id":3574843478751505,"idStr":"3574843478751505","authorId":3574843478751505,"name":"Xiaolongbao","avatar":"https://static.tigerbbs.com/d137f68d75d2303f9dec891ad18d9e9c","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":151701810,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":151445937,"gmtCreate":1625104428729,"gmtModify":1703736207197,"author":{"id":"3556154101620191","authorId":"3556154101620191","name":"Chels","avatar":"https://static.tigerbbs.com/3ec1cf66070147d270e0098f8b98e243","vip":1,"crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"3556154101620191","idStr":"3556154101620191"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151445937","repostId":2148845017,"repostType":4,"repost":{"id":"2148845017","kind":"news","pubTimestamp":1625103189,"share":"https://ttm.financial/m/news/2148845017?lang=&edition=fundamental","pubTime":"2021-07-01 09:33","market":"us","language":"en","title":"Chevron to sell some Permian assets valued at more than $1 billion -sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2148845017","media":"Reuters","summary":"(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in th","content":"<p>(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters.</p>\n<p>U.S. oil futures have soared more than 50 percent so far this year, prompting companies to try to sell assets in Permian basin of Texas and New Mexico, the country's largest oil field. Chevron is looking to sell lower-value assets, while some majors, like Royal Dutch Shell are considering exiting the formation entirely.</p>\n<p>Shell is looking to exit the Permian to invest in energy transition, while Chevron wants to invest only in the highest performing assets.</p>\n<p>Chevron has retained an investment bank to market some Permian oil and gas fields valued at $879 million, and has additional assets of more than $200 million available for sale elsewhere in the basin, the sources said.</p>\n<p>Initial bid proposals were planned for June 10, with a planned July 1 sale date for the larger package. The assets are operated by Chevron and Occidental and span 57,000 net acres with production of about 10,100 barrels of oil equivalent per day.</p>\n<p>The company did not immediately respond to requests for comment.</p>\n<p>Together, the assets Chevron is marketing could fetch as much as $1.2 billion, based upon the strength of oil futures, according to <a href=\"https://laohu8.com/S/AONE\">one</a> of the people.</p>\n<p>Chevron has been evaluating other assets in the Permian and elsewhere, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the people said, and could divest older assets over the year as it looks to boost investments in energy transition.</p>\n<p>Chevron has previously said it is fine-tuning its oil holdings.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chevron to sell some Permian assets valued at more than $1 billion -sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChevron to sell some Permian assets valued at more than $1 billion -sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/chevron-sell-permian-assets-valued-192809764.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters.\nU.S. oil ...</p>\n\n<a href=\"https://finance.yahoo.com/news/chevron-sell-permian-assets-valued-192809764.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CVX":"雪佛龙"},"source_url":"https://finance.yahoo.com/news/chevron-sell-permian-assets-valued-192809764.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148845017","content_text":"(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters.\nU.S. oil futures have soared more than 50 percent so far this year, prompting companies to try to sell assets in Permian basin of Texas and New Mexico, the country's largest oil field. Chevron is looking to sell lower-value assets, while some majors, like Royal Dutch Shell are considering exiting the formation entirely.\nShell is looking to exit the Permian to invest in energy transition, while Chevron wants to invest only in the highest performing assets.\nChevron has retained an investment bank to market some Permian oil and gas fields valued at $879 million, and has additional assets of more than $200 million available for sale elsewhere in the basin, the sources said.\nInitial bid proposals were planned for June 10, with a planned July 1 sale date for the larger package. The assets are operated by Chevron and Occidental and span 57,000 net acres with production of about 10,100 barrels of oil equivalent per day.\nThe company did not immediately respond to requests for comment.\nTogether, the assets Chevron is marketing could fetch as much as $1.2 billion, based upon the strength of oil futures, according to one of the people.\nChevron has been evaluating other assets in the Permian and elsewhere, one of the people said, and could divest older assets over the year as it looks to boost investments in energy transition.\nChevron has previously said it is fine-tuning its oil holdings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":151440621,"gmtCreate":1625104055963,"gmtModify":1703736197867,"author":{"id":"3586451610703869","authorId":"3586451610703869","name":"KH321","avatar":"https://static.tigerbbs.com/c1bb8bd7d6d5df5f9732871fe60999ea","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3586451610703869","idStr":"3586451610703869"},"htmlText":"Will they distribute special dividends?&nbsp;","listText":"Will they distribute special dividends?&nbsp;","text":"Will they distribute special dividends?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/151440621","repostId":2148845017,"repostType":4,"repost":{"id":"2148845017","kind":"news","pubTimestamp":1625103189,"share":"https://ttm.financial/m/news/2148845017?lang=&edition=fundamental","pubTime":"2021-07-01 09:33","market":"us","language":"en","title":"Chevron to sell some Permian assets valued at more than $1 billion -sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2148845017","media":"Reuters","summary":"(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in th","content":"<p>(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters.</p>\n<p>U.S. oil futures have soared more than 50 percent so far this year, prompting companies to try to sell assets in Permian basin of Texas and New Mexico, the country's largest oil field. Chevron is looking to sell lower-value assets, while some majors, like Royal Dutch Shell are considering exiting the formation entirely.</p>\n<p>Shell is looking to exit the Permian to invest in energy transition, while Chevron wants to invest only in the highest performing assets.</p>\n<p>Chevron has retained an investment bank to market some Permian oil and gas fields valued at $879 million, and has additional assets of more than $200 million available for sale elsewhere in the basin, the sources said.</p>\n<p>Initial bid proposals were planned for June 10, with a planned July 1 sale date for the larger package. The assets are operated by Chevron and Occidental and span 57,000 net acres with production of about 10,100 barrels of oil equivalent per day.</p>\n<p>The company did not immediately respond to requests for comment.</p>\n<p>Together, the assets Chevron is marketing could fetch as much as $1.2 billion, based upon the strength of oil futures, according to <a href=\"https://laohu8.com/S/AONE\">one</a> of the people.</p>\n<p>Chevron has been evaluating other assets in the Permian and elsewhere, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the people said, and could divest older assets over the year as it looks to boost investments in energy transition.</p>\n<p>Chevron has previously said it is fine-tuning its oil holdings.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chevron to sell some Permian assets valued at more than $1 billion -sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChevron to sell some Permian assets valued at more than $1 billion -sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/chevron-sell-permian-assets-valued-192809764.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters.\nU.S. oil ...</p>\n\n<a href=\"https://finance.yahoo.com/news/chevron-sell-permian-assets-valued-192809764.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CVX":"雪佛龙"},"source_url":"https://finance.yahoo.com/news/chevron-sell-permian-assets-valued-192809764.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148845017","content_text":"(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters.\nU.S. oil futures have soared more than 50 percent so far this year, prompting companies to try to sell assets in Permian basin of Texas and New Mexico, the country's largest oil field. Chevron is looking to sell lower-value assets, while some majors, like Royal Dutch Shell are considering exiting the formation entirely.\nShell is looking to exit the Permian to invest in energy transition, while Chevron wants to invest only in the highest performing assets.\nChevron has retained an investment bank to market some Permian oil and gas fields valued at $879 million, and has additional assets of more than $200 million available for sale elsewhere in the basin, the sources said.\nInitial bid proposals were planned for June 10, with a planned July 1 sale date for the larger package. The assets are operated by Chevron and Occidental and span 57,000 net acres with production of about 10,100 barrels of oil equivalent per day.\nThe company did not immediately respond to requests for comment.\nTogether, the assets Chevron is marketing could fetch as much as $1.2 billion, based upon the strength of oil futures, according to one of the people.\nChevron has been evaluating other assets in the Permian and elsewhere, one of the people said, and could divest older assets over the year as it looks to boost investments in energy transition.\nChevron has previously said it is fine-tuning its oil holdings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5087279,"gmtCreate":1625104257503,"gmtModify":1663230365649,"authorId":3574735608125569,"author":{"id":3574735608125569,"idStr":"3574735608125569","authorId":3574735608125569,"name":"iisterry","avatar":"https://static.tigerbbs.com/d1e6ac22c3e636a9e4d60bfd6d96be2a","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":151440621,"type":1,"supId":0,"prevId":0,"content":"Ya","text":"Ya","html":"Ya"}],"langContent":"EN"},{"id":151427583,"gmtCreate":1625103606742,"gmtModify":1703736184278,"author":{"id":"3581758137786253","authorId":"3581758137786253","name":"Tong532","avatar":"https://static.tigerbbs.com/52112a63ebd634e93ff708c3d931a651","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581758137786253","idStr":"3581758137786253"},"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/151427583","repostId":2148845017,"repostType":4,"repost":{"id":"2148845017","kind":"news","pubTimestamp":1625103189,"share":"https://ttm.financial/m/news/2148845017?lang=&edition=fundamental","pubTime":"2021-07-01 09:33","market":"us","language":"en","title":"Chevron to sell some Permian assets valued at more than $1 billion -sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2148845017","media":"Reuters","summary":"(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in th","content":"<p>(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters.</p>\n<p>U.S. oil futures have soared more than 50 percent so far this year, prompting companies to try to sell assets in Permian basin of Texas and New Mexico, the country's largest oil field. Chevron is looking to sell lower-value assets, while some majors, like Royal Dutch Shell are considering exiting the formation entirely.</p>\n<p>Shell is looking to exit the Permian to invest in energy transition, while Chevron wants to invest only in the highest performing assets.</p>\n<p>Chevron has retained an investment bank to market some Permian oil and gas fields valued at $879 million, and has additional assets of more than $200 million available for sale elsewhere in the basin, the sources said.</p>\n<p>Initial bid proposals were planned for June 10, with a planned July 1 sale date for the larger package. The assets are operated by Chevron and Occidental and span 57,000 net acres with production of about 10,100 barrels of oil equivalent per day.</p>\n<p>The company did not immediately respond to requests for comment.</p>\n<p>Together, the assets Chevron is marketing could fetch as much as $1.2 billion, based upon the strength of oil futures, according to <a href=\"https://laohu8.com/S/AONE\">one</a> of the people.</p>\n<p>Chevron has been evaluating other assets in the Permian and elsewhere, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the people said, and could divest older assets over the year as it looks to boost investments in energy transition.</p>\n<p>Chevron has previously said it is fine-tuning its oil holdings.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chevron to sell some Permian assets valued at more than $1 billion -sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChevron to sell some Permian assets valued at more than $1 billion -sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/chevron-sell-permian-assets-valued-192809764.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters.\nU.S. oil ...</p>\n\n<a href=\"https://finance.yahoo.com/news/chevron-sell-permian-assets-valued-192809764.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CVX":"雪佛龙"},"source_url":"https://finance.yahoo.com/news/chevron-sell-permian-assets-valued-192809764.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148845017","content_text":"(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters.\nU.S. oil futures have soared more than 50 percent so far this year, prompting companies to try to sell assets in Permian basin of Texas and New Mexico, the country's largest oil field. Chevron is looking to sell lower-value assets, while some majors, like Royal Dutch Shell are considering exiting the formation entirely.\nShell is looking to exit the Permian to invest in energy transition, while Chevron wants to invest only in the highest performing assets.\nChevron has retained an investment bank to market some Permian oil and gas fields valued at $879 million, and has additional assets of more than $200 million available for sale elsewhere in the basin, the sources said.\nInitial bid proposals were planned for June 10, with a planned July 1 sale date for the larger package. The assets are operated by Chevron and Occidental and span 57,000 net acres with production of about 10,100 barrels of oil equivalent per day.\nThe company did not immediately respond to requests for comment.\nTogether, the assets Chevron is marketing could fetch as much as $1.2 billion, based upon the strength of oil futures, according to one of the people.\nChevron has been evaluating other assets in the Permian and elsewhere, one of the people said, and could divest older assets over the year as it looks to boost investments in energy transition.\nChevron has previously said it is fine-tuning its oil holdings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5087179,"gmtCreate":1625103618562,"gmtModify":1663230366043,"authorId":3581758137786253,"author":{"id":3581758137786253,"idStr":"3581758137786253","authorId":3581758137786253,"name":"Tong532","avatar":"https://static.tigerbbs.com/52112a63ebd634e93ff708c3d931a651","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":151427583,"type":1,"supId":0,"prevId":0,"content":"<u>Hi</u>","text":"<u>Hi</u>","html":"<u>Hi</u>"}],"langContent":"EN"},{"id":151422795,"gmtCreate":1625103471117,"gmtModify":1703736180027,"author":{"id":"3565819252889467","authorId":"3565819252889467","name":"e13v3n","avatar":"https://static.tigerbbs.com/387ab24895655e32d7ddaf87ded7da37","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3565819252889467","idStr":"3565819252889467"},"htmlText":"pls like comment","listText":"pls like comment","text":"pls like comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151422795","repostId":2148845017,"repostType":4,"repost":{"id":"2148845017","kind":"news","pubTimestamp":1625103189,"share":"https://ttm.financial/m/news/2148845017?lang=&edition=fundamental","pubTime":"2021-07-01 09:33","market":"us","language":"en","title":"Chevron to sell some Permian assets valued at more than $1 billion -sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2148845017","media":"Reuters","summary":"(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in th","content":"<p>(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters.</p>\n<p>U.S. oil futures have soared more than 50 percent so far this year, prompting companies to try to sell assets in Permian basin of Texas and New Mexico, the country's largest oil field. Chevron is looking to sell lower-value assets, while some majors, like Royal Dutch Shell are considering exiting the formation entirely.</p>\n<p>Shell is looking to exit the Permian to invest in energy transition, while Chevron wants to invest only in the highest performing assets.</p>\n<p>Chevron has retained an investment bank to market some Permian oil and gas fields valued at $879 million, and has additional assets of more than $200 million available for sale elsewhere in the basin, the sources said.</p>\n<p>Initial bid proposals were planned for June 10, with a planned July 1 sale date for the larger package. The assets are operated by Chevron and Occidental and span 57,000 net acres with production of about 10,100 barrels of oil equivalent per day.</p>\n<p>The company did not immediately respond to requests for comment.</p>\n<p>Together, the assets Chevron is marketing could fetch as much as $1.2 billion, based upon the strength of oil futures, according to <a href=\"https://laohu8.com/S/AONE\">one</a> of the people.</p>\n<p>Chevron has been evaluating other assets in the Permian and elsewhere, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the people said, and could divest older assets over the year as it looks to boost investments in energy transition.</p>\n<p>Chevron has previously said it is fine-tuning its oil holdings.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chevron to sell some Permian assets valued at more than $1 billion -sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChevron to sell some Permian assets valued at more than $1 billion -sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/chevron-sell-permian-assets-valued-192809764.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters.\nU.S. oil ...</p>\n\n<a href=\"https://finance.yahoo.com/news/chevron-sell-permian-assets-valued-192809764.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CVX":"雪佛龙"},"source_url":"https://finance.yahoo.com/news/chevron-sell-permian-assets-valued-192809764.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148845017","content_text":"(Reuters) - Chevron Corp is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters.\nU.S. oil futures have soared more than 50 percent so far this year, prompting companies to try to sell assets in Permian basin of Texas and New Mexico, the country's largest oil field. Chevron is looking to sell lower-value assets, while some majors, like Royal Dutch Shell are considering exiting the formation entirely.\nShell is looking to exit the Permian to invest in energy transition, while Chevron wants to invest only in the highest performing assets.\nChevron has retained an investment bank to market some Permian oil and gas fields valued at $879 million, and has additional assets of more than $200 million available for sale elsewhere in the basin, the sources said.\nInitial bid proposals were planned for June 10, with a planned July 1 sale date for the larger package. The assets are operated by Chevron and Occidental and span 57,000 net acres with production of about 10,100 barrels of oil equivalent per day.\nThe company did not immediately respond to requests for comment.\nTogether, the assets Chevron is marketing could fetch as much as $1.2 billion, based upon the strength of oil futures, according to one of the people.\nChevron has been evaluating other assets in the Permian and elsewhere, one of the people said, and could divest older assets over the year as it looks to boost investments in energy transition.\nChevron has previously said it is fine-tuning its oil holdings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":139,"commentSize":9,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}

Chevron to sell some Permian assets valued at more than $1 billion -sources​

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Chevron to sell some Permian assets valued at more than $1 billion -sources