Chevron Corporation (NYSE:CVX) announces a significant oil discovery at the Ballymore prospect in the deepwater U.S. Gulf of Mexico.

Ballymore is located in the Mississippi Canyonarea of the U.S. Gulf of Mexico, approximately three miles from Chevron’s Blind Faith platform, in water depth of 6,536 feet. The initial Ballymore well reached total measured depth of 29,194 feet and encountered more than 670 feet net oil pay with excellent reservoir and fluid characteristics. A sidetrack well is currently being drilled to further assess the discovery and begin to define development options.

“The Gulf of Mexico deepwater is an integral part of our company’s long-term strategy,” said Jeff Shellebarger, President of Chevron North America Exploration and Production. “This discovery is an important addition to our portfolio, especially with its combination of size, quality and proximity to existing infrastructure.”

Chevron subsidiary Chevron U.S.A. Inc. is the operator with a 60 percent working interest in the Ballymore prospect. The co-owner is TOTAL E&P USA Inc. (40 percent).

Related Articles

New NOAA Report Examines National Oil Po

Active Cleanup from Deepwater Horizon Ac

Live Feed from the E/V Nautilus: ECOGIG

NOAA, Partners Predict Possible Record-S

Saab Seaeye’s Panthers Picked for Gulf

Teledyne Oil & Gas Announces the Release

Corporate Headquarters

Ocean News & Technology is a publication of TSC

7897 SW Jack James Drive
Suite A, Stuart, FL 34997
(772)-221-7720

Go to top