Chevron's success in the Lower Tertiary continues with the Sicily discovery
This report is currently unavailable
Report summary
Hess announced a substantial discovery at its Sicily prospect (Chevron 75% and operator, Hess 25%). The well, located at Keathley Canyon 814 was spud on 6 January 2015 in 2,059 metres (6,758 feet) of water. The target was a 4-way trap, Lower Tertiary, Wilcox sand. This is the largest discovery in US GoM so far this year with a pre-drill estimate of 300 - 400 mmboe. We considered multiple scenarios with PV10s ranging between US$330 million to US$1.8 billion.
Table of contents
- Chevron's success in the Lower Tertiary continues with the Sicily discovery
Tables and charts
This report includes 2 images and tables including:
- Southern Keathley Canyon
- Sicily valuation and return scenarios
What's included
This report contains:
Other reports you may be interested in
31 January 2018
Chevron and Total find success at Ballymore
Chevron and Total find success at Ballymore
Chevron announces its first discovery in the Jurassic play with partner Total
$1,35007 February 2018
Chevron corporate report
Chevron corporate report
Chevron is creating a more differentiated offering through a strategic focus on an advantaged tight oil portfolio.
$6,75010 March 2016
Hess Corporation corporate - global upstream portfolio analysis
Hess Corporation corporate - global upstream portfolio analysis
This report provides an overview of Hess Corporation's global upstream assets. It also highlights the distribution of the company's top...
$750
