Total agrees to 7 GoM prospects

Total S.A. has agreed to participate in seven prospects operated by Chevron covering 16 blocks in the deep waters of the Gulf of Mexico (GoM). The associated prospects are located in two promising plays: Wilcox in the central GoM and Norphlet in the eastern sector. Total’s participation in these wells will be as much as 40 percent. The first of these wells was spudded in late July on the Ballymore prospect in Mississippi Canyon. The agreement, along with participation in the Jack field as part of the Maersk Oil acquisition, increases Total’s footprint in the GoM to where it can apply its exploration expertise and deep-water technologies. Total is a France-based multi-national integrated oil and gas company. It is one of the seven major oil companies in the world. Total has been active in exploration and production in the U.S. since 1957. In the GoM, Total’s deep-water participation includes two producing fields, Tahiti (operated by Chevron) and Chinook (operated by Petrobras). (Source: Maritime Executive 09/24/17)