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

Green Car Congress

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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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. billion.

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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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CU-Boulder technique finds major class of fracking chemicals no more toxic than common household substances; “fingerprinting”

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Fracking fluid is largely composed of water and sand, but oil and gas companies also add a variety of other chemicals, including anti-bacterial agents, corrosion inhibitors and surfactants. Surfactants reduce the surface tension between water and oil, allowing for more oil to be extracted from porous rock underground.

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