Chevron announced today that it will spend $4 billion next year in the Permian Basin in an effort to increase daily production to 400k barrels/day over the next several years. If Chevron is going to hire any additional exploration professionals, those people will most likely be from other companies and not former people who were laid off. The good part is, those companies who lose people to Chevron will now have vacancies to fill. Yeah, I know - dream on.
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PB & J makes for a nice sandwich.