Chevron Corp. and TotalEnergies SE have unlocked new manufacturing of as much as 75,000 barrels a day of oil and 50 million cubic toes a day of fuel with the startup of the deepwater Ballymore discipline.
Positioned about 120 kilometers (74.56 miles) off the coast of Louisiana in round 6,600 toes of water, Ballymore holds estimated recoverable assets of 150 million barrels of oil equal (MMboe) in line with the companions.
“Ballymore, the most recent in a collection of Chevron tasks to begin up previously yr, represents one other step in direction of the corporate’s aim to provide 300,000 web barrels per day of oil equal from the Gulf in 2026”, operator and 60 p.c proprietor Chevron mentioned in a web based assertion.
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Ballymore, a tieback, is Chevron’s first growth within the Norphlet development of the US Gulf. Ballymore is within the Mississippi Canyon space.
“The beginning-up of Ballymore will improve TotalEnergies’ manufacturing capability in U.S. deepwater to greater than 75,000 boe/d and contribute to the Firm’s focused hydrocarbon manufacturing progress of over 3 p.c in 2025”, Nicolas Terraz, president for exploration and manufacturing at TotalEnergies, mentioned individually. The French power big owns 40 p.c of Ballymore.
“America is a significant marketplace for the deployment of our built-in power mannequin, which mixes low breakeven and low emissions oil and fuel tasks with LNG and built-in energy developments”.
Ballymore was found 2018. The companions accredited the event Might 2022.
In one other Gulf partnership, Chevron and TotalEnergies put on-line the Anchor discipline within the third quarter of 2024.
Chevron mentioned the event is the primary to efficiently deploy a high-pressure deepwater know-how. The know-how, which consists of parts for drilling, completion, intervention and subsea manufacturing, can safely function at as much as 20,000 stress per sq. inch in reservoirs which might be 34,000 toes under sea stage in line with Chevron.
The undertaking employs a semisubmersible floating manufacturing unit (FPU) with a each day capability of 75,000 barrels of oil and 28 million cubic toes of fuel, which can provide Gulf Coast markets within the U.S. Anchor can have seven subsea wells tied to the FPU, stationed within the Inexperienced Canyon space about 140 miles off Louisiana’s coast in waters about 5,000 toes.
Found 2014, the sphere holds doubtlessly recoverable assets of round 440 MMboe.
Chevron operates Anchor with a 62.86 p.c stake. TotalEnergies owns the remaining 37.14 p.c.
Elsewhere within the Gulf, Chevron put onstream the deepwater Whale discipline earlier in 2025, anticipating a peak manufacturing of 100,000 boed. British power main Shell PLC operates the event with a 60 p.c. Chevron owns 40 p.c.
Positioned in Alaminos Canyon Block 773, Whale is designed to have a semi-submersible manufacturing host in over 8,600 toes of water. As much as 15 wells might be tied again to the host through subsea infrastructure in line with the homeowners.
Found 2017, Whale holds estimated confirmed and possible reserves of 480 million boe, in line with the homeowners. Its manufacturing facility is adjoining to the Silvertip discipline, additionally owned by Shell and Chevron, and lies about 10 miles from Shell and Chevron’s Perdido spar platform.
To contact the writer, electronic mail jov.onsat@rigzone.com
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