Name of the Project
Ballymore project.

Location
In the Mississippi Canyon area, in about 2 000 m of water, about 260 km south-east of New Orleans, in the US.

Project Owner/s
Chevron Corporation subsidiary Chevron USA Inc (60%) is the operator of the Ballymore project. Co-owner TotalEnergies E&P USA Inc has a 40% interest.

Project Description
Ballymore will be Chevron’s first development in the Norphlet trend of the US Gulf.

The project has potential recoverable oil-equivalent resources of more than 150-million barrels.

The project will have a design capacity of about 75 000 bbl/d of crude oil and will be developed as a subsea tieback of more than 4 km to the existing Chevron-operated Blind Faith platform.

Using existing infrastructure will ensure the lowest development costs and lower emission intensity.

Potential Job Creation
Not stated.

Capital Expenditure
About $1.6-billion.

Planned Start/End Date
Chevron Corporation sanctioned the project in May 2022. First oil is expected in 2025.

Latest Developments
None stated.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
Chevron Corporation, Deena McMullen, tel +1 432 363 7085 or email Deena.McMullen@chevron.com.
TotalEnergies, media relations tel +33 1 47 44 46 99 or email presse@totalenergies.com; or investor relations, tel +33 1 47 44 46 46 or email ir@totalenergies.com.