Chevron Discovers Oil at Anchor Prospect in Gulf of Mexico

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California-based integrated energy company Chevron Corporation  CVX has recently discovered oil at an appraisal well at the deepwater Anchor prospect in the Gulf of Mexico. The Anchor #4 appraisal well drilled to total depth, encountered 800 feet of net oil play in multiple reservoirs.

Chevron holds 55% working interest in the Anchor prospect and is its operator while Cobalt International Energy Inc. CIE owns 20% stake. Samson Offshore Anchor LLC and Venari Resources LLC hold 12.5% interest each.

Cobalt owns 100% interest in two leases on the southern flank of Anchor. Based on reservoir simulation results, additional wells on these two leases are required to maximize recovery from the field. Cobalt is contemplating options to bring the two leases in the Anchor unit for the optimum development of the field…

 

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