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A&D - Chevron shops producing Van field assets in East Texas - June 2020

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Chevron put up for sale its Van field in East Texas via EnergyNet. The supermajor operates 110 wells producing from the Austin Chalk, Rodessa and Woodbine at the field in eastern Van Zandt County, where it owns 90% WI (79% NRI). It also has seven water injectors, 142 shut-in wells and 289 abandoned wells at Van. In addition, Chevron is marketing a non-op 30.1% WI (21.8% NRI) in producing and nonproducing wells at neighboring......
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