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Chevron announces “significant” oil discovery in deepwater Gulf of Mexico

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Chevron Corporation announced a significant oil discovery at the Anchor prospect in the deepwater US Gulf of Mexico. 2 encountered oil pay in multiple Lower Tertiary Wilcox Sands. Anchor is located approximately 140 miles (225 km) off the coast of Louisiana. Anchor co-owners are Cobalt International Energy, Inc. (20%),

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Obama Administration to offer 40 million acres in the Gulf of Mexico for oil and gas development

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Beaudreau announced that Interior will offer more than 40 million acres for oil and gas exploration and development in the Gulf of Mexico in March lease sales. Lease Sale 231 in the Central Planning Area and Lease Sale 225 in the Eastern Planning Area will be held consecutively in New Orleans, Louisiana, on 19 March 2014.

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Shell’s Cardamom development starts production; second major 2014 start-up in deep-water Gulf of Mexico

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Oil from the Cardamom subsea development (100% Shell) is piped through Shell’s Auger platform. When at full production of 50,000 barrels of oil equivalent a day (boe/d), Auger’s total production capacity will increase to 130,000 boe/d. The Cardamom reservoir sits beneath thick layers of salt in rock more than four miles (6.4

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Chevron announces successful test well at deepwater St. Malo in Gulf of Mexico

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Oil flow rates, though limited by testing equipment constraints, exceeded 13,000 barrels of oil per day. Malo development is located approximately 280 miles (450 km) south of New Orleans, Louisiana, in 7,000 feet (2,134 m) of water. Malo PS003 well in the prolific Lower Tertiary trend in the deepwater Gulf of Mexico.

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ARB posts 5 new LCFS pathways; two renewable diesel

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The revised package is for corn oil biodiesel. The renewable diesel proposals both come from Diamond Green Diesel (DGD) in Louisiana, using used cooking oil (UCO) as a feedstock; the proposals differ in the mode of shipment to California: one by rail, one by ship. Charles, Louisiana in June 2013. Champway Technology Ltd.

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Chevron Sanctions Development of Deepwater Jack/St. Malo Project in the Gulf of Mexico; Initial Development Cost of ~$7.5B

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Malo fields are located within 25 miles (40 km) of each other approximately 280 miles (450 km) south of New Orleans, Louisiana, in water depths of 7,000 feet (2,100 m). It will include three subsea centers tied back to a hub production facility with a capacity of 170,000 barrels of oil and 42.5 The Jack and St.

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Chevron sanctions $4B Big Foot Project in the deepwater Gulf of Mexico

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Big Foot will be Chevron’s sixth operated facility in the deepwater Gulf of Mexico and located approximately 225 miles (360 km) south of New Orleans, Louisiana, in water depths of 5,200 feet (1,600 m). First oil is anticipated in 2014. Chevron, through its subsidiary Chevron USA Inc.,

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