Oil major Chevron has made a “significant” oil discovery at the Anchor prospect in the Gulf of Mexico.
The Green Canyon block 807 well number two encountered oil pay in multiple Lower Tertiary Wilcox Sands.
It was spudded in August 2014 and drilled to a depth of 33,749 feet.
The company said Anchor is Chevron’s second discovery in the deepwater Gulf in less than a year.
The area is 140 miles off the coast of Louisiana.
Jay Johnson, senior vice president of upstream, said: “The Anchor discovery, along with the previously announced Guadalupe discovery, are significant finds for us in the deepwater Gulf of Mexico.
“We had one of our best years with the drill bit in 2014, reporting more than 30 discoveries worldwide and adding an estimated one billion barrels of new resources to our holdings.”
Chevron subsidiary Chevron U.S.A. Inc. is the operator, with a 55% working interest in the Anchor prospect.
Anchor co-owners are Cobalt International Energy, Inc. (20%), Samson Offshore Anchor, LLC (12.5 percent); and Venari Resources LLC (12.5%).
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