United States: First Oil From the Ballymore Offshore Field
TotalEnergies announces production start at the deepwater Ballymore field offshore U.S., holding a 40% stake alongside operator Chevron (60%). Located 120 kilometers off Louisiana's coast, the field launched in May 2022 has a total daily gross production capacity of 75,000 barrels of oil and 50 million cubic feet of gas, connected to Chevron's Blind Faith floating production unit.
At peak production, Ballymore will contribute nearly 30,000 boe/d net cash-accretive production for TotalEnergies. The project leverages existing infrastructure and standardized equipment for cost-effective development and reduced emission intensity. This development will boost TotalEnergies' U.S. deepwater production capacity beyond 75,000 boe/d, supporting the company's targeted hydrocarbon production growth of over 3% in 2025.
TotalEnergies annuncia l'avvio della produzione nel giacimento offshore in acque profonde Ballymore negli Stati Uniti, dove detiene una quota del 40% insieme all'operatore Chevron (60%). Situato a 120 chilometri dalla costa della Louisiana, il giacimento, avviato nel maggio 2022, ha una capacità produttiva giornaliera lorda di 75.000 barili di petrolio e 50 milioni di piedi cubi di gas, collegato all'unità di produzione galleggiante Blind Faith di Chevron.
Al picco di produzione, Ballymore contribuirà con quasi 30.000 boe/g di produzione netta e redditizia per TotalEnergies. Il progetto sfrutta infrastrutture esistenti e attrezzature standardizzate per uno sviluppo efficiente in termini di costi e con minore intensità di emissioni. Questo sviluppo aumenterà la capacità produttiva offshore in acque profonde di TotalEnergies negli USA oltre i 75.000 boe/g, supportando la crescita della produzione di idrocarburi dell'azienda prevista oltre il 3% nel 2025.
TotalEnergies anuncia el inicio de la producción en el yacimiento en aguas profundas Ballymore frente a la costa de EE. UU., donde posee una participación del 40% junto al operador Chevron (60%). Ubicado a 120 kilómetros de la costa de Luisiana, el yacimiento, lanzado en mayo de 2022, tiene una capacidad bruta diaria de producción de 75,000 barriles de petróleo y 50 millones de pies cúbicos de gas, conectado a la unidad flotante de producción Blind Faith de Chevron.
En su máxima producción, Ballymore aportará cerca de 30,000 boe/d de producción neta y rentable para TotalEnergies. El proyecto aprovecha infraestructuras existentes y equipos estandarizados para un desarrollo rentable y con menor intensidad de emisiones. Este desarrollo incrementará la capacidad de producción en aguas profundas de TotalEnergies en EE. UU. a más de 75,000 boe/d, apoyando el crecimiento objetivo de producción de hidrocarburos de la empresa de más del 3% en 2025.
TotalEnergies가 미국 해상 심해 유전인 Ballymore 필드에서 생산을 시작했다고 발표했습니다. TotalEnergies는 운영사 Chevron(60%)과 함께 40% 지분을 보유하고 있습니다. 이 유전은 루이지애나 해안에서 120km 떨어진 곳에 위치하며, 2022년 5월에 가동을 시작했으며, 일일 총 생산 능력은 75,000배럴의 석유와 5천만 입방피트의 가스입니다. 이 유전은 Chevron의 Blind Faith 부유식 생산 설비와 연결되어 있습니다.
생산 최고점에서 Ballymore는 TotalEnergies에 순이익을 내는 약 30,000 boe/d의 생산량을 기여할 것입니다. 이 프로젝트는 기존 인프라와 표준화된 장비를 활용하여 비용 효율적인 개발과 배출량 저감을 실현합니다. 이번 개발로 TotalEnergies의 미국 심해 생산 능력은 75,000 boe/d 이상으로 증가하여, 2025년까지 3% 이상의 탄화수소 생산 성장 목표를 지원할 것입니다.
TotalEnergies annonce le démarrage de la production sur le gisement en eaux profondes Ballymore au large des États-Unis, où elle détient une participation de 40 % aux côtés de l’opérateur Chevron (60 %). Situé à 120 kilomètres des côtes de Louisiane, le gisement, lancé en mai 2022, dispose d’une capacité de production brute quotidienne de 75 000 barils de pétrole et de 50 millions de pieds cubes de gaz, relié à l’unité flottante de production Blind Faith de Chevron.
À son pic de production, Ballymore contribuera à près de 30 000 boe/j de production nette et rentable pour TotalEnergies. Le projet s’appuie sur des infrastructures existantes et des équipements standardisés pour un développement économique et une intensité d’émissions réduite. Ce développement permettra d’augmenter la capacité de production en eaux profondes de TotalEnergies aux États-Unis à plus de 75 000 boe/j, soutenant la croissance ciblée de la production d’hydrocarbures de plus de 3 % en 2025.
TotalEnergies gibt den Produktionsstart im Tiefwasser-Ölfeld Ballymore vor der US-Küste bekannt, bei dem das Unternehmen einen Anteil von 40 % hält, während Chevron als Betreiber 60 % besitzt. Das Feld liegt 120 Kilometer vor der Küste von Louisiana und wurde im Mai 2022 in Betrieb genommen. Die tägliche Bruttoproduktionskapazität beträgt 75.000 Barrel Öl und 50 Millionen Kubikfuß Gas und ist an die schwimmende Produktionseinheit Blind Faith von Chevron angeschlossen.
Bei Spitzenproduktion wird Ballymore TotalEnergies eine netto ertragssteigernde Produktion von fast 30.000 boe/d liefern. Das Projekt nutzt bestehende Infrastruktur und standardisierte Ausrüstung für eine kosteneffiziente Entwicklung und geringere Emissionsintensität. Diese Entwicklung wird die Tiefwasserproduktionskapazität von TotalEnergies in den USA auf über 75.000 boe/d erhöhen und das angestrebte Wachstum der Kohlenwasserstoffproduktion des Unternehmens von über 3 % im Jahr 2025 unterstützen.
- Start of production at Ballymore field adds 30,000 boe/d net production
- Lower development costs through existing infrastructure utilization
- Contributes to 3% hydrocarbon production growth target for 2025
- Lower emission intensity through standardized equipment
- Strengthens U.S. deepwater production capacity beyond 75,000 boe/d
- None.
Insights
TotalEnergies starts Ballymore field production, adding 30,000 boe/d net capacity while enhancing U.S. portfolio with efficient, lower-emission operations.
The start of production at the Ballymore deepwater field marks a significant operational milestone for TotalEnergies' U.S. Gulf of Mexico portfolio. With the company holding a 40% interest alongside operator Chevron (60%), this development will contribute approximately 30,000 boe/d net production at plateau to TotalEnergies, increasing their U.S. deepwater production capacity to over 75,000 boe/d.
The development strategy showcases industry best practices for capital efficiency. By utilizing a tie-back approach to the existing Blind Faith floating production unit and implementing standardized equipment, TotalEnergies has optimized both development costs and environmental impact. This approach delivers what the company describes as "cash-accretive production" while maintaining lower emission intensity.
The field's gross production capacity is substantial at 75,000 barrels of oil per day and 50 million cubic feet of gas per day. This production directly supports TotalEnergies' stated corporate objective of achieving hydrocarbon production growth exceeding 3% in 2025.
Ballymore exemplifies TotalEnergies' integrated energy strategy in the United States, where the company has invested nearly $11 billion since 2022 across oil, LNG, and low-carbon electricity sectors. This balanced approach maintains focus on efficient conventional energy production while simultaneously expanding renewable operations.
The Gulf of Mexico remains strategically important for major energy companies due to its established infrastructure, operational expertise, and potential for high-margin production. Ballymore reinforces TotalEnergies' position as a significant player in this key region while demonstrating their commitment to optimized development approaches that balance production growth with environmental considerations.
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About TotalEnergies
TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables and electricity. Our more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations.
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FAQ
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