08/27/2024 | Press release | Distributed by Public on 08/27/2024 14:35
In 1924, Chevron sent four geologists to Indonesia. This was Chevron's first foray into the Eastern Hemisphere.
Twelve years later, Chevron secured exploration rights to an unpromising region on the island of Sumatra.
"It was a region that no oil company wanted," the now-defunct Chevron World magazine reported in 1986. "A map drawn by a prominent government geologist in 1930 had noted that central Riau Province contained a large underground layer of granite, a clear sign that any search for hydrocarbons would be futile."
To say that such a projection was inaccurate would be an understatement. Today, this region contains Duri Field, which was once among the largest oil and gas projects of its kind.