The
California-headquartered,
New
York-listed
giant
posted
steady
revenues
of
$59
billion
for
the
three
months,
up
from
$58
billion
in
the
year-ago
period.
Chief
executive
John
Watson
said
that
the
company
had
made
progress
as
planned
on
key
projects,
citing
first
production
in
deep
water
at
Nigeria’s
Usan
field
and
at
Caesar/Tonga
in
the
Gulf
of
Mexico.
Global
output
dipped
from
2.76
million
equivalent
barrels
per
day
at
the
start
of
2011
to
2.63
million
this
year,
a
fall
Chevron
blamed
on
field
declines,
downtime
and
asset
selloffs
such
as
Alaska’s
Cook
inlet.
Domestic
production
fell
6%
year-on-year
to
651,000
equivalent…
