Chevron hits oil offshore GoM in Guadalupe prospect1414089084529


Offshore staff

HOUSTON – Chevron Corp. made an oil discovery at the Guadalupe prospect in the deepwater US Gulf of Mexico. The well encountered significant oil pay in the Lower Tertiary Wilcox sands, the company said.

Situated in the Keathley Canyon block 10, Guadalupe lies about 180 mi (290 km) off the Louisiana coast in 3,992 ft (1,217 m) of water. The well reached a depth of 30,173 ft (9,197 m).

Chevron subsidiary Chevron U.S.A., Inc. began drilling the Guadalupe well in June 2014 using Transocean’s Discoverer India deepwater drillship. More tests are being conducted on the discovery well and additional appraisal wells will be needed to determine the extent of the resource.

Chevron U.S.A., with a 42.5% working interest in the prospect, is the operator. Guadalupe co-owners are BP Exploration & Production, Inc. (42.5%) and Venari Resources LLC (15%).