The Ballymore Project is described as a significant subsea tieback to Chevron’s existing Blind Faith facility in the U.S. Gulf of Mexico. It’s expected to produce over 150 million barrels of oil-equivalent during its lifespan and aims to add up to 75,000 barrels per day of crude oil production upon completion.
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Highlighted as a project that integrates meticulous planning and engineering, Ballymore has installed critical new modules for vapor recovery and electrical utility, emphasizing safety and seamless execution. The project, costing about $1.6 billion, is set for completion in 2025 and will operate in the Mississippi Canyon area, about 160 miles southeast of New Orleans. Chevron holds a 60% interest in the project, with the remainder held by TotalEnergies E&P USA, Inc.
Design
Ballymore will be Chevron’s first development in the Norphlet trend of the U.S. gulf. The project will be in the Mississippi Canyon area in around 6,600 feet (2,000 m) of water, about 160 miles (260 km) southeast of New Orleans. Potentially recoverable oil-equivalent resources for Ballymore are estimated at more than 150 million barrels.
The project, which involves three production wells tied back via one flowline to the nearby Blind Faith facility, will require an investment of approximately $1.6 billion. Oil and natural gas production will be transported via existing infrastructure. First oil is expected in 2025.
Production
The Ballymore Project is poised to significantly boost oil production. Once completed, it is expected to add up to 75,000 barrels per day of crude oil production in the deep waters of the U.S. Gulf of Mexico. This increased capacity is part of Chevron’s strategy to enhance production throughput efficiently using existing facilities, like the Blind Faith platform, through tieback methods. The project, with its substantial capacity and efficient design, contributes to meeting the energy demands with a focus on maintaining lower carbon intensity in Chevron’s operations.
Carbon
Gulf of Mexico’s low carbon intensity in oil production, particularly noting that the area has some of the lowest carbon intensity within Chevron’s portfolio, averaging 6 kg carbon equivalent per barrel of oil equivalent. This low carbon intensity is significantly below the global average, highlighting the region’s role in Chevron’s efforts to manage and reduce greenhouse gas emissions in its operations. The development of the Ballymore Project in this region is positioned as a way to add significant volumes of domestic, lower carbon intensity production to the global energy supply, underscoring Chevron’s commitment to sustainable energy practices.
