Inform

The wait of Anchor is finally lifted

This report is currently unavailable

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQs about online orders
- Find out more about subscriptions

On 12 December 2019 Chevron and Total sanctioned the Anchor project. This is an industry first as the FID moves deepwater technology into ultra-high pressure capabilities. The field will recover 440 mmboe ,with the first phase costing US$5.7 billion. Project economics are positive with a 12% IRR but importantly unlock tremendous upside as other 20-ksi projects now look to follow Chevron and Total's lead.

Table of contents

  • The Anchor project
  • Ultra-high pressure comes with a high cost
  • Implications for GoM

Tables and charts

This report includes 2 images and tables including:

  • Chevron working interest production
  • GoM production with 20-ksi projects

What's included

This report contains:

  • Document

    The wait of Anchor is finally lifted.pdf

    PDF 492.44 KB