ExxonMobil, Chevron grow in Permian, but at different paces

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Chevron’s big Permian Basin output engine steamed ahead in second-quarter 2023, soaring 5% sequentially to a record 772,000 b/d of oil equivalent as its top executive said July 28 that company output from the play would be “roughly flat” in July through September but would resume its climb in the year’s closing months. The same day, ExxonMobil, another Permian heavy…