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Wednesday, June 19, 2019

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Chevron makes major oil discovery in Gulf

Chevron makes major oil discovery in Gulf

Chevron Corporation announced a major oil discovery in deepwater Gulf of Mexico this week. The find marks the second major discovery in deepwater for the company in less than a year. In the fall, Chevron announced the discovery of Guadalupe, some 190 miles off the coast.

“The Anchor discovery, along with the discovery announced earlier in the fall, are significant finds in the Gulf of Mexico,” said Jay Johnson, senior vice president, Upstream, Chevron Corporation.

The Anchor discovery is located in Green Canyon Block 807 and was spudded in August of last year. It is located approximately 140 miles off the Louisiana coast in over 5,000 feet of water and was drilled to a depth of nearly 34,000 feet. Appraisal drilling will begin in the coming weeks and months. The company also has recent Gulf start ups at Jack-St. Malo and Tubular Bells in the central Gulf of Mexico.

“This deepwater find means good jobs and continued economic promise for the area. It also bodes well for the future of deepwater activity in the Gulf which is good news for Port Fourchon and the entire region,” said Chett Chiasson, executive director of the Greater Lafourche Port Commission.