Wednesday, January 31, 2018

Total makes GoM oil discovery


The French oil and energy group Total has made a significant oil discovery at the Ballymore prospect offshore in the Gulf of Mexico, according to a company statement that did not give details. It’s their largest discovery in the area. The Ballymore prospect covers four blocks in the Norphlet play including Block MC 607, where the discovery was made. Total's acquisition of a 40 percent working interest in Ballymore was part of an exploration agreement signed with Chevron in September. Chevron has 60 percent. (Source: Marine Link 01/31/18)