March 7 (Reuters) - Chevron Corp
* Chevron affirms production, margins, and cash flow growth plans
* Chevron Corp - "we intend to be cash balanced in 2017"
* Chevron Corp - 75 percent of company's 2017 capital budget is expected to generate cash within next two years
* Chevron Corp - intend to grow free cash flow in years after 2017
* Chevron Corp - we see "ultimate production potential exceeding" 700,000 barrels per day within a decade in Permian Basin
* Chevron Corp - concentrating new investments on "short cycle-time, high-return opportunities from our advantaged positions such as Permian Basin" Source text for Eikon: Further company coverage: