Chevron Corporation informed that it found a significant oil discovery at the Ballymore prospect in the deepwater U.S. Gulf of Mexico. The Ballymore well was drilled by Pacific Drilling’s Sharav deepwater drillship.
Ballymore is based in the Mississippi Canyonarea of the US Gulf of Mexico, about three miles from Chevron’s Blind Faith platform, in water depth of 6,536 feet.
The initial Ballymore well has a total depth of 29,194 feet and encountered more than 670 feet net oil pay with excellent reservoir and fluid characteristics. A sidetrack well is being drilled, at the moment, to 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.This discovery is an important addition to our portfolio, especially with its combination of size, quality and proximity to existing infrastructure,” stated Jeff Shellebarger, President of Chevron North America Exploration and Production.
Chevron U.S.A. Inc., a subsidiary of Chevron, will have a 60% working interest in the Ballymore prospect. The co-owner is TOTAL E&P USA with a 40% working interest.
