“We've been primarily focused on, Permian, and in fact, we've increased the treatments from about 40% of the new wells being treated at the first half of 2025 to, almost 85% will be treated this year, and we're striving to 100% in 2027.”

How to check this claim

Look at: Percentage of new Permian wells receiving the treatment referenced, for fiscal year 2026

It came true if: Reported share of new wells treated >= 80% for 2026 (consistent with the stated 'almost 85%' target)

Where: Management commentary on earnings calls / investor presentations (Permian operations updates)

Verify independently

SEC filings for CVX ↗ · Claim quote is verbatim from the 2025Q4 earnings call.