Chevron has let a contract to Subsea 7 SA for development of the Ballymore project offshore US Gulf of Mexico, in water depths of up to 6,550 ft.
The deepwater project, sanctioned by the operator in May, has a design capacity of 75,000 b/d of crude oil and will be developed as a three-mile subsea tieback to the existing Blind Faith platform (OGJ Online, May 17, 2022). Through Ballymore, Chevron could potentially recover over 150 million bbl of oil in its first Norphlet reservoir development, according to the company website.
The project covers the installation of a Steel Catenary Riser (SCR), flowline and control system, the service provider said in a release June 1. Subsea 7 supported Chevron with early engineering prior to the award.
The offshore scope will be executed in 2023. Project management and engineering will take place in Subsea 7’s office in Houston, Tex.
The service provider values the contract at $50-150 million.