Chevron has made an oil discovery at the Anchor prospect in the deepwater US Gulf of Mexico.

The Green Canyon block 807 Well No. 2 encountered oil pay in multiple Lower Tertiary Wilcox Sands. The well, spudded in August 2014, is approximately 140 mi (225 km) off the coast of Louisiana in 5,183 feet (1,580 m) of water and was drilled to a depth of 33,749 ft (10,287 m).

Appraisal drilling will begin in 2015.

“The Anchor discovery, along with the previously announced Guadalupe discovery, are significant finds for us in the deepwater Gulf of Mexico. We had one of our best years with the drill bit in 2014, reporting more than 30 discoveries worldwide and adding an estimated one billion barrels of new resources to our holdings,” said Jay Johnson, senior vice president, Upstream, Chevron Corp.

Anchor is the company’s second discovery in the deepwater Gulf in less than a year.

The Anchor well was drilled by Pacific Drilling’s Pacific Santa Ana drillship.

Source: Offshore