Exclusive-Chevron to sell swath of Permian assets valued at more than $1 billion -sources By Reuters – Investing.com

Exclusive-Chevron to sell swath of Permian assets valued at more than $1 billion -sources By Reuters – Investing.com

By Arathy S Nair, Shariq Khan and Jessica Resnick-Ault

(Reuters) -Chevron Corp is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters.

Chevron (NYSE:) confirmed that it is marketing conventional assets in the Permian Basin, but did not specify the value of the assets.