Wednesday, January 31, 2018

'Major' Deep Offshore Oil Discovery Made in U.S. Gulf of Mexico  | Rigzone

'Major' Deep Offshore Oil Discovery Made in U.S. Gulf of Mexico  | Rigzone: "Chevron Corporation announced Wednesday that a ‘major’ oil discovery has been made at the Ballymore prospect, located deep offshore in the U.S. Gulf of Mexico. The Ballymore well reached a total measured depth of 29,194 feet and encountered more than 670 feet of net oil pay with ‘excellent’ reservoir and fluid characteristics, Chevron said in a statement on its website. A sidetrack well is currently being drilled to further assess the discovery, which is already deemed commercially viable."

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