Chevron Energía de México, S. de R.L. de C.V.

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The world has produced about 1 trillion barrels of crude oil to date. Over the next century or so, approximately 2 trillion barrels more are expected to be produced from conventional proved reserves and undiscovered conventional oil. Additional supplies will be produced by Chevron and others from shale and tight oil resources in the Permian Basin in the United States, the Duvernay Shale in Canada and in Argentina.

The world has produced about 1 trillion barrels of crude oil to date. Over the next century or so, approximately 2 trillion barrels more are expected to be produced from conventional proved reserves and undiscovered conventional oil. Additional supplies will be produced by Chevron and others from shale and tight oil resources in the Permian Basin in the United States, the Duvernay Shale in Canada and in Argentina.

Oil has powered the world in the form of transportation fuels for more than a century, and demand is expected to grow over the long term. According to the U.S. Department of Energy, global energy demand is projected to increase 56 percent between 2010 and 2040. And oil, natural gas and coal are expected to meet most of that demand.

What Chevron Is Doing

For more than 130 years, Chevron has developed some of the world’s most complex crude oil fields. We have a strong position in nearly all of the world’s key basins, and our extensive project portfolio provides the foundation for future growth.

In 2013, Chevron produced nearly 2.6 million net oil-equivalent barrels per day from operations around the world.

Developing Energy Sources Around the Globe

We have numerous major capital projects under way to bring significant new resources to global markets. Our technological capabilities play a pivotal role in making these projects successful and in producing more oil from mature fields.