---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-204557"
form_type: "8-K"
ticker: "CVX"
cik: "0000093410"
company_name: "CHEVRON CORP"
filed_at: "2023-08-07T23:59:59+00:00"
generated_at: "2026-06-12T05:28:57.244720+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Chevron completes acquisition of PDC Energy; adds 275,000 net acres in DJ Basin

## Summary
- Acquisition closed August 7, 2023, following PDC Energy shareholder approval.
- Chevron gains 275,000 net acres in DJ Basin adjacent to its existing operations.
- Adds more than 1 billion barrels of oil equivalent proved reserves.
- Also acquires 25,000 net acres in Permian Basin held by production.
- Bruce Niemeyer, Chevron's Americas E&P president, welcomed PDC employees and highlighted cultural fit.

## SEC filing metadata
- accession: 0001193125-23-204557
- form_type: 8-K
- ticker: CVX
- cik: 0000093410
- company_name: CHEVRON CORP
- filed_at: 2023-08-07T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/93410/000119312523204557/0001193125-23-204557-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/93410/000119312523204557/d443510d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-204557
- JSON: https://secwatch.observer/filing/0001193125-23-204557.json
- Plain text: https://secwatch.observer/filing/0001193125-23-204557.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.