In early February 2020, Chevron USA acquired 25% WI from BP Exploration & Production in Green Canyon Block GC 865 (G35010). In mid-October 2019, BP acquired 75% WI interest from Talos Energy in GC 865, is sited 2km south-west from the Puma oilfield. The original Puma discovery well, G16808 1 BP2, was drilled in GC 823 in 2003 and encountered 152m of net oil pay in Miocene sandstones. Following completion of the Chevron/BP transaction, equity in GC 865 is now shared between BP Exploration & Production (50% WI + Op), Chevron USA (25%) and Talos Resources (25%).
Chevron USA acquired 25% WI from BP Exploration & Production in Green Canyon Block GC 865 (G35010).