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What Makes Chevron's Gulf of America Oil Bet So Compelling

Equities

Zacks Investment Research

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June 23, 2025

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Barchart

Chevron Corporation CVX is leaning heavily on the Gulf of America (GOA) to fuel its next wave of production growth. In April 2025, the company brought first oil online at Ballymore, a key asset expected to produce around 75,000 barrels per day once all three initial wells ramp up. Just...

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