Ballymore: Chevron sanctions $1.6 billion Gulf of Mexico project
- Date: 17-May-2022
- Source: Energy Voice
- Sector:Real Estate
- Country:Gulf
Ballymore: Chevron sanctions $1.6 billion Gulf of Mexico project
Chevron has sanctioned the Ballymore development, a 150 million-barrel oil field in the US Gulf of Mexico.
With a $1.6 billion pricetag, Chevron said Ballymore will be tied back to the Blind Faith platform three miles away.
The project is designed to produce 75,000 barrels of crude oil per day, and lies around 160 miles south-east of New Orleans.
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