Ballymore is a conventional oil development located in ultra-deepwater in the US and is operated by Chevron USA. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Ballymore was discovered in 2018, lies in block Mississippi Canyon 607, with water depth of around 6,536 feet. Buy the profile here.
The project is currently in approval stage and is expected to start commercial production in 2025. Final investment decision (FID) of the project was approved in 2022. The development cost is expected to be $1,600 m. The Ballymore conventional oil development will involve the drilling of approximately three wells and includes subsea tree.
Field participation details
The field is owned by Chevron and TotalEnergies.
Production from Ballymore
Production from the Ballymore conventional oil development project is expected to begin in 2025 and is forecast to peak in 2028, to approximately 40,113 bpd of crude oil and condensate and 19 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2087.
Remaining recoverable reserves
The field is expected to recover 258.58 Mmboe, comprised of 239.57 Mmbbl of crude oil & condensate and 114.06 bcf of natural gas reserves.
Contractors involved in the Ballymore conventional oil field
Some of the key contractors involved in the Ballymore project as follows.
Other Contractors: Subsea 7 and Worley
About Chevron USA
Chevron USA Inc (Chevron) is a Subsidiary of Chevron Corp, is an integrated energy company that explores, extracts, and produces crude oil, natural gas, and natural gas liquids. The company also refines, markets, and distributes products derived from petroleum (diesel, gas, motor oil, fuel and lubricant additives). Chevron is headquartered in San Roman, California, US.
For more details on the Ballymore Conventional Oil Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
