Chevron records successful appraisal well at Anchor

Offshore staff

HOUSTON – Chevron Corp. (NYSE:CVX) has a successful appraisal well at its Anchor discovery in the Gulf of Mexico’s Lower Tertiary Wilcox Trend.

Appraisal drilling has found 694 ft (211 m) of net oil pay. To date, Chevron has confirmed a hydrocarbon column of at least 1,800 ft (549 m) in the Lower Tertiary Wilcox reservoirs at Anchor. Complete appraisal of the field requires further delineation wells and technical studies, Chevron said.

The original Anchor discovery well, in Green Canyon block 807, approximately 140 mi (225 km) off the coast of Louisiana in 5,180 ft of water (1,579 m), was drilled to a depth of 33,750 ft (10,287 m) and it encountered 690 ft (210 m) of net oil pay.

Chevron U.S.A. Inc. is the operator of Anchor, with a 55% working interest. Anchor co-owners are Cobalt International Energy, L.P. (20%), Samson Offshore Anchor, LLC (12.5%), and Venari Resources, LLC (12.5%).

10/29/2015

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