Stay Connected

Chevron discovers Lower Tertiary oil in deepwater GoM at Coronado prospect

Offshore staff

SAN RAMON, California – Chevron Corp. (NYSE: CVX) has an oil discovery at the Coronado prospect in the deepwater U.S. Gulf of Mexico.

Walker Ridge block 98 Well No. 1 encountered more than 400 ft (122 m) of net pay. The well is located approximately 190 mi (308 km) off the Louisiana coast in 6,127 ft (1,868 m) of water and was drilled to a depth of 31,866 ft (9,713 m).

“The Coronado discovery continues our string of exploration successes in the Lower Tertiary trend, where Chevron is advancing multiple projects,” said Gary Luquette, president, Chevron North America Exploration and Production Co. “It also highlights the importance of the deepwater Gulf of Mexico as a source of domestic energy for the United States.”

3/25/2013

Related Articles

Mad Dog Platform. Photo courtesy BP

BP adds two drilling rigs in deepwater Gulf of Mexico

Nov 20, 2013

BP has added two drilling rigs to the deepwater Gulf of Mexico, bringing its fleet there to a company record of nine rigs.

Wood Mackenzie: GoM Lower Tertiary capex to exceed $50 billion by 2020

Nov 20, 2013 A recent Wood Mackenzie analysis predicts that the Lower Tertiary play will drive long-term production growth in the deepwater US Gulf of Mexico, with an expected $50 billion in development capex t...

Trending News

BOEM calls for 2017 Beaufort Sea lease sale area nominations

Jul 29, 2014

The Bureau of Ocean Energy Management has issued a call for information and nominations for a potential lease sale offshore Alaska.

Apache hits gas at Phoenix South-1

Jul 29, 2014

Carnarvon Petroleum Ltd. reports that gas and indications of associated liquid hydrocarbons were observed in the Phoenix South-1 well, offshore Western Australia.

CNOOC, Primeline start up Lishui offshore China

Jul 29, 2014

CNOOC has started production from the Lishui 36-1 gas field.

 

Saipem receives offshore drilling rig contract extensions

Jul 29, 2014

Saipem has won four offshore drilling contracts with a total value of $540 million.

Processing under way of offshore Seychelles seismic

Jul 29, 2014

The M/V Polar Duchess has completed the 1,528-sq km (590-sq mi) Junon 3D seismic survey offshore the Seychelles for operator Ophir Energy.

  Offshore
Digital Magazine
Look Inside
Cover
Current Issue

Oil & Gas Jobs

View more Job Listings >>