16/09/2024 by Richard
Oil major Chevron has revealed that operations to inject water in fields to improve productivity have begun at two more projects in the US Gulf of Mexico.
The deepwater Tahiti and Jack/St. Malo facilities were outfitted with water-injection technology. The Jack and St. Malo fields have produced nearly 400 million gross barrels of oil equivalent combined since they began producing in 2014, while Tahiti recently exceeded 500 million gross barrels of oil equivalent since it came online in 2009. Chevron says its operations in the US Gulf of Mexico produce crude oil and gas with some of the lowest carbon intensity in the world.
The president at Chevron for exploration and production in the Americas, Bruce Niemeyer, said that realising the two projects meant that the company’s current resource base would yield greater returns, adding that it:
“…contributes toward growing our production to 300,000 net barrels of oil equivalent per day in the U.S. Gulf of Mexico by 2026. These achievements follow the recent production startup at our high-pressure Anchor field, reinforcing Chevron’s position as a leader in technological delivery and project execution in the Gulf.”
Chevron, which also makes the Texaco grease and lubricant products, says that the gross ultimate recovery from the St. Malo field should be boosted by 175 million barrels of oil equivalent. It says it continues to research ways in which further developments could increase the ultimate recovery from the Tahiti and Jack/St. Malo fields, such as advanced production, completion and drilling technologies.
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