Chevron on Monday announced a massive project, starting the production of oil and natural gas from the Balymore Subsea tieback in the Gulf of America, which is expected to produce more than 75,000 gross oil barrels daily, another important movement towards energy.
Ballymore located in the Mississippi Canyon area has been described as an “underwater tiebreaker”, which means that the discovery can be liver by an existing platform, using three wells linked to the installation of blind faith operated by Alreamy’s chevron.
An information sheet provides Breitbart News Notes this is much more efficient, since the project takes advantage of “standardized equipment, repeatable engineering solutions and existing transport infrastructure.”
Together with the reality that Chevron strives for “one of the lowest oil and lower carbon intensity basins in the world”, this will help Chevron with its goal of producing 300,000 net oil barrels per day achieved, hitting Alonone for an ATH ATH of 2024 and positioning the country to reach the world of energy in the world and more demanding the world.
As is, the oil of the Gulf of America represents one in six barrels or domestic oil production. They estimate that Ballymore can recover 150 million barrels of oil equivalent to the gross in the period of the project.
“Ballymore is an example of how we are hepiating technology and promoting efficiency to help produce affordable and reliable energy of the Gulf of deep waters or America, one of the basins that produce oil and lower carbon intensity gas in the chew world gulf, vice president or vice president.
“Ballymore, which was completed in time and in the budget, brings additional online production by building a new platform on the high seas independent,” he continued. “This reduces our development costs and is expected to generate greater returns to shareholders.”
Chevron believes that the Ballymore project shows the company’s commitment to help reduce energy costs for Americans, using their own resources efficiently and responsible, in this case, by using an underwater finding to exist.
This massive announcement follows some other important milestones highlighted by Chevron from President Donald Trump – Who was running on the platform that included the American energy domain – won the presidential elections. In November, Chevron announced That its Tahiti field produced its 500 million cannon or oil equivalent.
“The total production from the field is sufficient to feed 11.5 million homes for a year,” said the press release, which puts it in more context.
Months later, in January, Chevron announced The beginning of the oil production of the semi-signing whale platform in the Gulf of America.
“The production of the whale takes to Chevron another step closer to reaching 300,000 net barrels of oil equivalent per day in the Gulf of the United States or Mexico by 2026”, “”, “”, “ Bruce Niemeyer, president of Chevron Americas Exploration & Production saying In a statement at that time.
“As a leader in the Gulf, where we produce some of the lowest natural carbon intensity and natural gas in the world, Chevron is well positioned to a continuous and affordable growing production in the United States while delivering and cash flow,” “” “” “” “” “” “”
In total, the Chevron project aligns with the objectives of the Trump administration to realize the dominance of American energy while reducing energy costs for consumers.
Shortly after taking office in his second term, President Donald Trump signed An executive order that establishes the National Council of Domain of Energy, chaired by Interior Secretary Doug Burgum with the Secretary of Energy, Chris Wright, serving as vice president.
The advice is in charge With advising Trump on “Strategies to achieve energy mastery improving processes to allow, production, generation, distribution, regulation and transport in all forms of American energy.” It also includes working with interested parties in the public and private sector to “expand energy production and address cost barriers.”
“This is a big problem,” Trump said at that time. “We have more energy than any other country, and now we are unleashing it to say it well.”