Oil Drilling Permit Approvals Cratered In 2023; Plummeting Production Calls for Plugging Idle Wells, Chevron Wells Produce Only 3 Barrels of Oil Per Day, Reports Consumer Watchdog

LOS ANGELES, Jan. 30, 2024 /PRNewswire/ — California oil regulators issued 95% fewer permits to drill new wells and 25% fewer to fix or redrill existing wells during 2023 in a cratering of permit approvals over 2022, Consumer Watchdog and FracTracker Alliance said today. While Chevron…