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Chevron launches production at deepwater project that aims to lower carbon intensity off offshore activity

Chevron's newest deepwater oil and natural gas production project, called the Anchor, is an all-electric facility. Photo courtesy of Chevron

Chevron's new massive deepwater oil and natural gas project in the Gulf of Mexico is officially up and running.

Chevron Corp., which recently announced its relocating its global headquarters to Houston, has officially started oil and natural gas production from its Anchor project in the U.S. Gulf of Mexico.

The semi-submersible floating production unit features a high-pressure technology that operates at up to 20,000 psi with reservoir depths reaching 34,000 feet below sea level, Chevron reports, and has a capacity of 75,000 gross barrels of oil per day and 28 million gross cubic feet of natural gas per day.

“The Anchor project represents a breakthrough for the energy industry,” Nigel Hearne, executive vice president of Chevron Oil - Products & Gas, says in a news release. “Application of this industry-first deepwater technology allows us to unlock previously difficult-to-access resources and will enable similar deepwater high-pressure developments for the industry.”

The Anchor project is Chevron’s sixth currently operating facility in the U.S. Gulf of Mexico. Photo courtesy of Chevron

Located 140 miles off the coast of Louisiana in the Green Canyon area and in water depths of approximately 5,000 feet, the Anchor is an all-electric facility with electric motors and electronic controls. The project utilizes waste heat and vapor recovery units and existing pipeline infrastructure for oil and natural gas transportation.

“This Anchor milestone demonstrates Chevron’s ability to safely deliver projects within budget in the Gulf of Mexico,” adds Bruce Niemeyer, president, Chevron Americas Exploration & Production. “The Anchor project provides affordable, reliable, lower carbon intensity oil and natural gas to help meet energy demand, while boosting economic activity for Gulf Coast communities.”

The Anchor project is Chevron’s sixth currently operating facility in the U.S. Gulf of Mexico, which is one of the lowest carbon intensity oil and gas basins in the world, per the release. By 2026, Chevron expects to be producing a combined total of 300,000 net barrels of oil equivalent per day.

Chevron's subsidiary, Chevron U.S.A. Inc. is the project operator and holds a 62.86 percent working interest. TotalEnergies E&P USA, Inc., the co-owner, holds a 37.14 percent working interest. Chevron estimates that the total potentially recoverable resources from the Anchor field is up to 440 million barrels of oil equivalent.

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A View From HETI

Rice University has established a new center that will work toward meeting the Environmental Protection Agency's strict standards for PFAS. Photo by Jeff Fitlow/Rice University

Rice University announced a new research center that will focus on per- and polyfluoroalkyl substances (PFAS) called the Rice PFAS Alternatives and Remediation Center (R-PARC).

R-PARC promises to unite industry, policy experts, researchers, and entrepreneurs to “foster collaboration and accelerate the development of innovative solutions to several PFAS challenges,” according to a news release. Challenges include comprehensive PFAS characterization and risk assessment, water treatment infrastructure upgrades, contaminated site remediation, and the safe alternatives development.

“We firmly believe that Rice is exceptionally well-positioned to develop disruptive technologies and innovations to address the global challenges posed by PFAS,” Rice President Reginald DesRoches says in a news release. “We look forward to deepening our relationship with ERDC and working together to address these critical challenges.”

The Environmental Protection Agency issued its stringent standards for some of the most common PFAS, which set the maximum contaminant level at 4.0 parts per trillion for two of them. Pedro Alvarez, Rice’s George R. Brown Professor of Civil and Environmental Engineering, director of the WaTER Institute, likened this in a news release to “four drops in 1,000 Olympic pools,” and also advocated that the only way to meet these strict standards is through technological innovation.

The center will be housed under Rice’s Water Technologies Entrepreneurship and Research (WaTER) Institute that was launched in January 2024. The WaTER Institute has worked on advancements in clean water technology research and applications established during the decade-long tenure of the Nanosystems Engineering Research Center for Nanotechnology Enabled Water Treatment, which was funded by the National Science Foundation.

“The challenge of PFAS cuts across several of the four major research trajectories that define Rice’s strategic vision,” Rice’s executive vice president for research and professor of materials science and nanoengineering and physics and astronomy Ramamoorthy Ramesh, adds in the release. “R-PARC will help focus and amplify ongoing work on PFAS remediation at Rice.”

The ERDC delegation was led by agency director David Pittman who also serves as the director of research and development and chief scientist for the U.S. Army Corps of Engineers. ERDC representatives also met with several Rice researchers that were involved in work related to the environment, and sustainability, and toured the labs and facilities.

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