Chevron builds Permian muscle with Noble deal

Agreement would add 92,000 net acres to US supermajor's position in shale play

Off the hook? After agreeing to buy Noble Energy this week, Chevron will be hoping not to be blown out of the water again like it was last year by Occidental in its failed attempt to reel in Anadarko. (Upstream's cartoon, 24 July 2020.)
Off the hook? After agreeing to buy Noble Energy this week, Chevron will be hoping not to be blown out of the water again like it was last year by Occidental in its failed attempt to reel in Anadarko. (Upstream's cartoon, 24 July 2020.)Picture: RYTIS DAUKANTAS/UPSTREAM
Published 23 July 2020, 06:24Updated 23 July 2020, 11:08