Chevron and TotalEnergies just flipped the switch on oil production from the Ballymore project in the deepwater Gulf of Mexico, with the project expected to pump around 75,000 barrels of oil per day at its peak. The field, discovered back in 2018, sits about 160 miles southeast of New Orleans and is now officially flowing oil through a tieback to Chevron’s existing Blind Faith platform, cutting down costs and time in a significant victory for Big Oil in this volatile oil price landscape.
Chevron leads the project with a 60% stake,…Chevron, Total Start Landmark Oil Production at Ballymore in Gulf
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