(Energy Analytics Institute, 29.Oct.2024) — Chevron Corporation revealed some key takeaways about its Anchor platform in the US Gulf of Mexico.
Those takeaways include the following, Chevron said 29 Oct. 2024 in an official statement:
— The resource potential at the platform is estimated to be up to 440 MMboe,
— Peak gross oil production is expected to be 75,000 barrels per day,
— Oil production at Anchor—which began in Aug. 2024—is expected to last for 30 years or more and be among the lowest in carbon intensity in the world,
— Chevron’s overall growth, supported by Anchor’s first oil, will produce free cash flow (FCF) with an expected compound annual growth rate of more than 10% over the next three years,
— Deepwater technology and equipment can help unlock subsea resources in the Gulf. Anchor can handle pressures as high as 20,000 pounds per square inch and reach reservoir depths as far as 34,000 ft beneath the water’s surface, and
— Anchor is the result of more than 20 years of planning and development. Leasing, access and long-term development commitments are important to future energy security.
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By Editors at Energy Analytics Institute. © Energy Analytics Institute (EAI). All Rights Reserved.
