Chevron Corporation has sanctioned the Ballymore project in the deepwater US Gulf of Mexico. The project, with a design capacity of 75,000 barrels of crude oil per day, will be developed as a three-mile subsea tieback to the existing Chevron-operated Blind Faith platform.Ballymore will be Chevron’s first development in the Norphlet trend of the US gulf. The project will be in the Mississippi Canyon area in around 6,600 feet (2,000 m) of water, about 160 miles (260 km) southeast of New Orleans. Potentially recoverable oil-equivalent resources for Ballymore are estimated at more than 150 million barrels.The project, which involves three production wells tied back via one flowline to the nearby Blind Faith facility, will require an investment of approximately USD 1.6 billion. Oil and natural gas production will be transported via existing infrastructure. First oil is expected in 2025.Chevron subsidiary Chevron USA Inc is the operator of the Ballymore project with a 60 percent working interest. Co-owner TotalEnergies E&P USA Inc has a 40 percent interest.
Chevron Corporation has sanctioned the Ballymore project in the deepwater US Gulf of Mexico. The project, with a design capacity of 75,000 barrels of crude oil per day, will be developed as a three-mile subsea tieback to the existing Chevron-operated Blind Faith platform.Ballymore will be Chevron’s first development in the Norphlet trend of the US gulf. The project will be in the Mississippi Canyon area in around 6,600 feet (2,000 m) of water, about 160 miles (260 km) southeast of New Orleans. Potentially recoverable oil-equivalent resources for Ballymore are estimated at more than 150 million barrels.The project, which involves three production wells tied back via one flowline to the nearby Blind Faith facility, will require an investment of approximately USD 1.6 billion. Oil and natural gas production will be transported via existing infrastructure. First oil is expected in 2025.Chevron subsidiary Chevron USA Inc is the operator of the Ballymore project with a 60 percent working interest. Co-owner TotalEnergies E&P USA Inc has a 40 percent interest.
