Page 10 - annualReport_jmm
P. 10
CHEVRONTEXACO OPERATING HIGHLIGHTS 1
2002 2001 % Change
Net production of crude oil
and natural gas liquids (Thousands of barrels per day) 1,897 1,959 (3)%
Net production of natural gas (Millions of cubic feet per day) 4,376 4,417 (1)%
Refinery input (Thousands of barrels per day) 2,079 2,119 (2)%
2
Sales of refined products (Thousands of barrels per day) 3,868 4,137 (7)%
2
Net proved reserves of crude oil,
condensate and natural gas liquids (Millions of barrels) 8,668 8,524 2%
3
Net proved reserves of natural gas 3 19,335 8,524 -
4
Number of employees at year-end 53,014 55,698 (5)%
1 Includes equity in affiliates, except number of employees
2 Excludes interests in Equilon and Motiva, which were sold as a condition of the merger
3 At the end of the year
4 Excludes service station personnel
The company’s stock price fell sharply
in 2002, along with the broader market
indexes.
Net liquids production delcined about Net proved reserves additions in 2002
3 percent in 2002. equaled 114 percent of oil-equivalent
*Chevron - 1998 through 2000 Return on average capital employed production for the year.
declined to 3.2 percent as a result of
lower earnings. *Includes equity in affiliates
*Oil and equivalent gas
** Includes equity in affiliates
8
