Chevron (CVX) announced it started oil and natural gas production from the Ballymore subsea tieback in the deepwater Gulf of America. Ballymore is expected to produce up to 75,000 gross barrels of oil per day through three wells tied back three miles to the existing Chevron-operated Blind Faith facility. The company said the project represents another step towards its goal to produce 300,000 net barrels per day of oil equivalent from the Gulf in 2026. Chevron U.S.A. is operator with 60% working interest; co-owner TotalEnergies E&P USA (TTE) has 40%.
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