Chevron Breaks Ground on New Building

Chevron Breaks Ground on New Building

Chevron invests $175 million in new building & future in Basin
Midland -- It was a huge day for Midland and, more specifically, for Chevron as the oil giant broke ground on a multimillion dollar facility.
The theme of the day was "Strong Foundations in the Permian Basin"...In fact, Mayor Wes Perry proclaimed today "Strong Foundations Day." It was a theme very appropriate to celebrate Chevron, a company with a very rich history in Midland, and by the looks of it, one that won't be going away anytime soon.

It's been a year and a half in the making. "And while the building still has two years before construction is complete, we see today as a monumental milestone," said Alan Kleier, Vice President of Chevron's Mid-Continent Business Unit.
Located on the west side of the Scharbauer Sports Complex, the 330,000 square foot building will be state-of-the-art., complete with a conference and training center among many other things. "We will have a cafeteria for our employees and contractors and then another thing that is very popular is we're going to have a very modern fitness center," said Bereket Haregot, President of Business and Real Estate Services.
So far, $175 million has been invested in the eco-friendly work space. It's an investment Chevron says they're making in the future of the Permian Basin. One they're proving by adding space for roughly 300 additional employees. "It's exciting to expand from a building for 450 to a building for 800," added Mitch Mamoulides, area manager for Chevron's Midland and Delaware Basin operations.
According to Midland Mayor Wes Perry, the new building will be one of the largest office spaces that has gone up in the Tall City in the past 20 or 30 years. "To see that kind of commitment from a company that's been here a long, long time is a really big deal and it says a lot about our future," the Mayor added.
For a company that celebrates a 90 year history in the Permian Basin, the future is exactly what this building is all about.

"We are building for growth. We see a tremendous opportunity here in the Basin," said Kleier. " We've been here for many, many years. We see many, many more years of opportunity here."

Construction is set to begin this summer and should be completed in 2015.
Chevron, who recently celebrated their 5 billionth barrel of production in the Basin, is second largest oil producer in the Permian Basin.

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