Chevron Affirms Full-Year Production Guidance

Chevron Corporation today affirmed its previously stated full-year net production guidance for 2010 of 2,750 MBOED based on the first nine months’ 2010 average WTI price of $78. This represents a two percent increase from 2009 actual net production.


The corporation is issuing this statement following a recent news report that implied the company had revised its production guidance.