Chevron Announces Gulf of Mexico Discovery


Posted on January 6, 2015 at 10:28 am by Ryan Holeywell

HOUSTON — Chevron Corp. said it’s made a significant discovery in the Gulf Of Mexico about 140 miles off the coast of Louisiana.

But the company did not announce the volume of reserves believed to be contained in the prospect; how much it’s spent on development so far; or whether there are plans for future production.

Chevron began drilling the prospect, which it calls Anchor, in August. The well is located in water about 5,200 feet deep.

Chevron owns a 55 percent working interest in the Anchor prospect.

Cobalt International Energy, Samson Offshore Anchor, and Venari Resources are the other stakeholders.

Chevron will began appraisal drilling this year, it said Tuesday.

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