
SEATTLE (Oil Monster): Chevron Corporation is seen nearing completion of its Anchor semi-submersible oil platform- one of the company’s U.S. Gulf of Mexico offshore projects, despite various challenges including Covid-19 pandemic, supply chain crisis and labor shortage.
The Anchor field, located 140 miles off the Louisiana coast, will provide significant boost to Chevron’s oil and gas production. The planned facility has a design capacity of 75,000 barrels of crude oil and 28 million cubic feet of natural gas per day. The company expects to commence production next year.
ALSO READ:
Chevron Points to Fundamental Change in Natural Gas Market After Ukraine Conflict
Big Oil to Take Centerstage at Houston Meet as Market,. Alliances Shift
The engineering work for the project began in March 2020. The works progressed during the pandemic period, following health and safety protocols. It went on amidst pandemic-induced supply chain challenges and a skilled worker shortage. Chris Braun, Anchor's floating production unit delivery manager recollected that the team had to put in a lot of hard work to overcome the challenges.
The company has already installed the topside and living quarters on to the hull, which is now moored in Ingleside, Texas.
It must be noted that Chevron owns 62.86% working interest in the project, with TotalEnergies E&P USA holding the remaining interest.