Chevron said Thursday it will move forward with the massive Anchor project in the deepwater Gulf of Mexico that carries an initial development cost of $5.7 billion.

Chevron (CVX +2%) says it will move forward with its Anchor project in the deepwater Gulf of Mexico, which will require a $5.7B initial investment for a seven-well subsea development and semi ...

Chevron Corporation’s CVX recent achievement of first oil from the Anchor facility in the Gulf of Mexico (GoM) represents a significant milestone in deepwater oil production. The Anchor project ...

Chevron (NYSE:CVX) said Monday it achieved a technological breakthrough in producing first oil from the Anchor project in the deepwater U.S. Gulf of Mexico under extreme subsea pressures of as ...

The Chevron Corp. combined its mergers with the Hess Corp. and PDC Energy with its start-up of the Anchor Project 140 miles off the Louisiana Coast in the Gulf of Mexico to increase its worldwide ...

Chevron, through its subsidiary Chevron U.S.A. Inc., is operator and holds a 62.86 percent working interest in the Anchor project. Co-owner TotalEnergies E&P USA, Inc. holds a 37.14 percent ...

Anchor field lies in the Green Canyon area, 225 km off the coast of Louisiana, in water depths of 1,524 m. The planned facility has a design capacity of 75,000 bbl of crude oil and 28 MMcfd of ...

Chevron sanctions $5.7bn Anchor project in US Gulf The engineering, procurement and construction award includes vertical monobore production trees and multiphase flowmeters rated to 20,000 psi.

Chevron has reached first oil and gas at the Anchor project in the Gulf of Mexico, billing the deepwater Green Canyon development as a “breakthrough” in production from high-pressure reservoirs.