Chevron's oil and gas reserves have fallen to the lowest point in at least a decade, highlighting the importance of the U.S. major's planned acquisition of oil producer Hess that has stalled due to a court battle with Exxon Mobil.

Chevron’s (CVX) stalled acquisition of Hess (HES) is taking on even more importance for investors after the company’s oil and gas reserves fell

CVX's pressing concern of dwindling oil and gas reserves defines the urgency of the planned acquisition of Hess' Guyana assets.

Chevron's oil and gas reserves have fallen to their lowest levels in at least a decade, highlighting the importance of the company's planned acquisition of Hess' Guyana assets.

Chevron is betting on the multi-billion acquisition of Hess Corp to boost its assets with high-quality Guyana acreage