BAKU, Azerbaijan, April 21. TotalEnergies has
commenced production at the Ballymore deepwater oil and gas field
in the U.S. Gulf of Mexico, Trend reports.
The company holds a 40% interest in the project, which is
operated by Chevron with a 60% stake.
Located approximately 120 kilometers off the coast of Louisiana,
the Ballymore field was launched in May 2022. It is tied back to
Chevron’s Blind Faith floating production unit. The field has a
total gross production capacity of 75,000 barrels of oil per day
and 50 million cubic feet of gas per day.
At plateau, Ballymore is expected to provide around 30,000
barrels of oil equivalent per day for TotalEnergies. The project
uses existing infrastructure and standardized equipment,
contributing to lower development costs and reduced emission
intensity.
With Ballymore coming online, TotalEnergies’ production capacity
in U.S. deepwater exceeds 75,000 barrels of oil equivalent per day.
The company aims for hydrocarbon production growth of over 3% in
2025.
