Insight
Chevron and Total find success at Ballymore
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Report summary
On 30 January 2017, Chevron (60% interest and operator) announced the Ballymore discovery in central deepwater Gulf of Mexico (GoM). The resource size is unknown, but the net pay is 200 meters (656 feet), the best yet for the Jurassic, beating 120 meters at Appomattox (490 mmboe) and 150 meters at Vicksburg (100 mmboe). The discovery well was spud on 18 July 2017 and reached a total depth of 8,898 meters (29,192 feet). The well is being sidetracked to further assess the resource size. Total owns 40% of the project.
Table of contents
- Chevron enters the Jurassic
- Discovery allows for portfolio diversification for both partners
- Reserves uncertain; location boosts value
Tables and charts
This report includes the following images and tables:
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Total's deepwater GoM production profile
What's included
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