Rivals wants control of the hottest oil deposits in America



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Businesses are demanding a larger share of the prolific oil field that has raised US crude oil production to record levels.

Chevron Corp. and Occidental Petroleum Corp., competing for Anadarko Petroleum Corp., are fighting to further control the Permian Basin, the main engine of the American shale boom. The region's production, which extends over 75,000 km 2 of western Texas and New Mexico, has more than doubled in recent years and accounts for about one-third of total production. US crude.

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