NorthAmOil: Chevron to boost oil and gas recovery in US Gulf of Mexico

Chevron Corp is the latest company to announce water injection at two projects to boost oil and gas recovery at the company’s existing Jack/St Malo and Tahiti facilities in the deepwater US Gulf of Mexico.

In mid-August Shell announced that it had decided to move forward in 2027 with a similar 'waterflood' project at its Vito asset in the US Gulf of Mexico. This technique should significantly increase the oil and gas produced from the asset, it said.

Chevron has already started its waterflooding.

“Delivery of these two projects maximises returns from our existing resource base and contributes toward growing our production to 300,000 net barrels of oil equivalent per day [boepd] in the US Gulf of Mexico by 2026,” said Bruce Niemeyer, president, Chevron Americas Exploration & Production.

“These achievements follow the recent production startup at our high-pressure Anchor field, reinforcing Chevron’s position as a leader in technological delivery and project execution in the Gulf,” he added.