According to the Wall Street journal reported, chevron in to the United States securities and exchange commission of the submitted documents disclosed in 10-K, the company has signed a joint venture agreement, will be in China southern guizhou shale gas exploration in the basin. And has set up a file in July 2011 start seismic exploration work.

  The other according to media reports, and chevron entered into an agreement of China petrochemical group company is a subsidiary of. Southern guizhou basin is located in guizhou province in southwestern China.

  Chevron says, plan this year in Argentina VacaMuerta zone of drill a two exploration Wells, the goal is to develop shale gas and dense oil resources. The company in Argentina conventional oil resource has several mining year, but it has the parts of the drilling rights in that it has the shale oil and gas development potential.