Increased oil recovery from St Malo

Chevron has announced the sanction of a waterflood project in the St Malo field in order to increase recovery at the Gulf of Mexico field.

The waterflood project is Chevron’s first in the deepwater Wilcox trend and is expected to contribute an estimated ultimate recovery of more than 175mn boe. It will include two new production wells, three new injector wells and topsides injection equipment for the Jack/St Malo floating production unit, allowing the company to extend the life of the field. Located approximately 280 miles south of New Orleans, the St Malo field has an estimated remaining production life of 30 years.

Chevron holds a 51% working interest in the St Malo field, partnered by MP Gulf of Mexico (25%; owned by Murphy Oil Corporation 80% and Petrobras America 20%), Equinor (21.5%), ExxonMobil (1.25%) and Eni (1.25%).

Photo: Chevron