Crude oil and natural gas production has commenced at the Jack / St. Malo project in the Lower Tertiary trend, US Gulf of Mexico.
Located within 40km of each other in about 2,100m of water in the Walker Ridge area, the Jack and St. Malo fields were discovered in 2004 and 2003, respectively.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Production from the initial development stage is estimated to increase to a total daily rate of 94,000 barrels of crude oil and 21 million cubic feet of natural gas.
The fields were co-developed with subsea completions flowing back to a single host and a semi-submersible floating production unit situated between them.
The Jack / St. Malo project has a production capacity of 170,000 barrels of oil and 42.5 million cubic feet of natural gas per day, with the potential for future expansion.
Crude oil will be transported 137 miles to the Green Canyon 19 Platform through the Jack / St. Malo oil export pipeline, and will then be transported to refineries along the Gulf Coast.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataChevron, through its subsidiary, Chevron USA, has a 50% working interest in the Jack field, while Statoil and Maersk Oil each own 25% stakes.
Chevron USA and Union Oil Company of California hold a 51% working interest in the St. Malo field.
Petrobras and Statoil hold 25% and 21.5% stakes respectively, while ExxonMobil and Eni each own a 1.25% interest.
Chevron also has a 40.6% ownership interest in the host facility, with co-owners Statoil (27.9%), Petrobras (15%), Maersk Oil (5%), ExxonMobil (10.75%) and Eni (0.75%).
Image: The Jack / St. Malo platform in the US Gulf of Mexico. Photo: courtesy of Statoil.
.gif)
