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Nostalgia in Numbers: Chevron’s Production Evolution

Nostalgia in Numbers: Chevron’s Production Evolution

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The Crude Chronicles
Oct 11, 2024
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The Crude Chronicles
The Crude Chronicles
Nostalgia in Numbers: Chevron’s Production Evolution
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One of my favorite historical images of Standard Oil of California comes from their 1924 annual report showing that the Los Angeles area was once a giant oil field.

From those beginnings, modern-day Chevron was formed through the merger of several companies, which, at their peak on a pro-forma basis, were collectively responsible for ~20% of the world’s oil production.

To put that into contemporary terms, that would be just shy of the combined oil production of the U.S. and Saudi Arabia today.

However, the chart I have not gotten around to putting together is the reconstructed production history by geography.

Until now.

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