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SES - Chevron sanctions historic $5.7B Anchor project in the GOM - December 19, 2019

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Chevron sanctioned its Anchor field project in the Gulf of Mexico, the highestpressure deepwater development to date. Discovered in 2014 in the Lower Tertiary Wilcox sands, the field is located in the Green Canyon area, 140 miles off Louisiana in 5,000 ft of water, and will be developed using new technology capable of handling operating pressures up to 20,000 psi. Stage 1 will consist of a seven-well subsea development tied back to a semisubmersible......
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