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ChevronTexaco began its existence as the number two U.S.-based integrated oil company (behind Exxon Mobil Corporation) and number four in the world, behind Exxon Mobil, BP p.l.c., and Royal Dutch/Shell Group. The company had some 11.5 billion barrels of oil and gas reserves and had daily production of 2.7 million barrels. Major producing areas included the Gulf of Mexico, California, Texas, Canada, Kazakhstan, Argentina, Angola, Nigeria, Republic of Congo, Venezuela, Australia, Indonesia, Thailand, China, Papua New Guinea, the North Sea, and the Middle East. On the downstream side, ChevronTexaco operated 22 refineries around the world and more than 25,000 service stations on six continents under such brands as Chevron, Texaco, Caltex, Delo, and Havoline...
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