Chevron's (CVX) Indonesian unit, the country’s largest producer of crude, begins a $500M...

|About: Chevron Corporation (CVX)|By:, SA News Editor

Chevron's (CVX) Indonesian unit, the country’s largest producer of crude, begins a $500M expansion of the project at Duri field in Sumatra. At peak production, the site is forecast to add 17K bbl/day to production; the project will add 539 new wells, including 145 using steam injection to increase production yields.