Chevron Corp. sanctioned a waterflood project to extend the life of St. Malo field, which lies 280 miles south of New Orleans in the Gulf of Mexico. The project is Chevron’s first waterflood in the deepwater Wilcox trend.
Chevron Corp. sanctioned a waterflood project to extend the life of St. Malo field, which lies 280 miles south of New Orleans in the Gulf of Mexico. The project is Chevron’s first waterflood in the deepwater Wilcox trend.
The waterflood project is expected to contribute an estimated ultimate recovery of more than 175 million boe. Plans include two new production wells, three new injector wells, and topsides injection equipment for the Jack-St. Malo floating production unit.
Chevron subsidiaries Chevron USA. Inc. and Union Oil Co. of California jointly hold 51% working interest in St. Malo field. Partners are MP Gulf of Mexico LLC 25%, Equinor Gulf of Mexico LLC 21.5%, ExxonMobil Corp. 1.25%, and Eni Petroleum US LLC 1.25%.
