Chevron Announces Major Deepwater Gulf of Mexico Exploration Plans

chevron keathley canyon acreage

Chevron Corporation (NYSE: CVX) today announced its subsidiary, Chevron U.S.A. Inc., will work with BP and ConocoPhillips to explore and appraise 24 jointly-held offshore leases in the northwest portion of Keathley Canyon in the deepwater Gulf of Mexico. Chevron will be the operator. “Chevron has a proven track record for delivering superior results in complex deepwater … [Read more...]

Chevron Strikes Oil at Anchor

pacific drilling santa ana

Not literally at anchor as in moored, but rather Chevron struck oil while drilling at the Anchor prospect in Green Canyon within the U.S. Gulf of Mexico. Utilizing Pacific Drilling's  dynamically-positioned drillship Pacific Santa Ana, Chevron drilled over six miles into the earth to reach the Lower Tertiary trend where the company says a "significant" oil discovery was … [Read more...]

Chevron Strikes Oil at Guadalupe Prospect in Gulf of Mexico

Deepwater India drillship. Photo credit: Chevron

Chevron Corporation (NYSE: CVX) together with BP announced Thursday a significant new oil discovery at the Guadalupe prospect in the deepwater U.S. Gulf of Mexico. The Keathley Canyon Block 10 Well No. 1 encountered significant oil pay in the Lower Tertiary Wilcox Sands, both Chevron and BP said in separate statements. The well is located approximately 180 miles off the … [Read more...]

Chevron and Edison Chouest Face Lawsuit Over Kidnapping of American Supply Boat Captain

c-retriever PSV

Nearly a year to the day after Edison Chouest's supply vessel C-Retriever was hijacked and its captain and chief engineer kidnapped off Nigeria, a lawsuit has been filed in Houston against the two companies for gross negligence and failure to "take appropriate remedial measures to protect its employees," namely Captain Wren Thomas. In October 2013, Captain Thomas spent 18 … [Read more...]

Chevron Worker Killed in Natural Gas Pipeline Accident Off Louisiana


A Chevron contract worker was killed Saturday while performing routine maintenance on a natural gas pipeline off the coast of Louisiana in the Gulf of Mexico, the Wall Street Journal has confirmed. The WSJ report says that Chevron Pipe Line Co. confirmed the accident and that one of four workers working on the pipeline was killed due to injuries sustained. Two others also … [Read more...]

Brasil Voyager Sails to Pascagoula With First Cargo from Papa-Terra

brasil voyager shuttle tanker

The first 740,000 barrel cargo of heavy crude oil from the Papa-Terra FPSO, Chevron's largest investment offshore Brazil, was successfully offloaded last week via the shuttle tanker Brasil Voyager - a vessel purpose-built to service this new facility. "The first offloading at Papa-Terra represents an important milestone for the company, reinforces the progress being made by … [Read more...]

Chevron Seeks PEMEX Partnerships

West Pegasus drilling rig, image courtesty José Luis Luna Cárdenas/PEMEX

By Adam Williams May 12 (Bloomberg) -- Chevron Corp., the world’s third- largest energy company by market value, will seek additional partnerships with state-run Petroleos Mexicanos as Mexico prepares to welcome the oil industry’s elite. Chevron, which operates several rigs on the U.S. side of the Gulf of Mexico, is in talks with Mexico City-based Pemex for exploration … [Read more...]