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Upstream

Driving hard to reap

maximum value from our

world-class portfolio

ChevronTexaco’s upstream business, encompassing

exploration and production activities, is the
company’s primary source of value growth. Our

upstream portfolio is rich and broadly based,
with premier resource, reserves and production

positions in many of the world’s largest and most

abundant oil and natural gas regions, including
Angola, Australia, Indonesia, Kazakhstan, Nigeria,
the United States and Venezuela.

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