Midstream overview Colin Parfitt Vice President 2020 Chevron Corporation
Permian value chain strategy Waha Spot sales Katy and Agua Dulce Term sales Domestic demand Firm transportation Exports Residue gas Maximize earnings for the enterprise Gas processing plant Wet gas Advantaged commercial…
Permian takeaway and export capacity Crude oil strategy New Sufficient contracted Mexico takeaway capacity through 2024 Delaware Basin Midland Texas Basin Sufficient contracted Cushing export capacity crude…
Permian takeaway and export capacity NGL strategy Sufficient contracted transportation and fractionation coverage New Mexico for NGL production through 2021 Maximize connectivity Texas and contractual flexibility Delaware…
Permian takeaway capacity Natural gas strategy R O O S E V E LT COCHRAN HOCKLEY LUBBOCK CROSBY DICKENS No routine flaring CH AV ES YOAKUM TERRY LY N N GARZA KEN T to enable production ED DY LEA D AW S ON BORD EN…
Delivering on our Gulf Coast integration plan Permian equity crude supply into Pasadena Explorer Pipeline Feedstock optimization Permian Colonial Pipeline Pascagoula with Pascagoula Pasadena Fuel supply into key…
Capturing higher margins across the value chain Permian equity crude sales plan Net MBD 400 Continuous optimization to maximize realizations 300 Leverage global customers 200 International 3rd Party to improve returns…
LNG value chain strategy Driven by value, reliability, and optionality Primarily oil-linked contracts Continual optimization for evolving market conditions Gorgon & Wheatstone LNG exports 2020 Chevron Corporation 8