**Chevron Achieves Historic Production Milestone at Anchor Field in the Gulf of Mexico**
In a significant milestone for the oil and gas industry, Chevron Corporation has successfully started oil and natural gas production at the Anchor field in the deepwater U.S. Gulf of Mexico. This achievement marks the deployment of industry-first deepwater technology capable of operating at pressures of up to 20,000 psi (1).
Located approximately 225 kilometers off the Louisiana coast, the Anchor field is part of a subsea development consisting of seven subsea wells connected to a semi-submersible floating production unit (FPU). The FPU boasts a design capacity of 75,000 barrels per day of oil and 28 million cubic feet per day of natural gas (2, 3, 5).
The Anchor project represents a technological breakthrough for Chevron and the offshore industry. The deployment of high-pressure systems rated for 20K operations allows Chevron to unlock previously difficult-to-access resources. This achievement not only paves the way for future high-pressure developments but also underscores Chevron’s commitment to advancing industry technology (1, 2, 4).
The Anchor development has been specifically designed to minimize greenhouse gas emissions through an all-electric configuration utilizing electric motors and electronic controls. Additionally, waste heat and vapor recovery technologies are integrated into the system to enhance efficiency. The Anchor FPU leverages existing pipeline infrastructure to transport oil and natural gas directly to U.S. Gulf Coast markets, further reducing emissions (2, 3, 5).
Chevron, the operator of the Anchor field with a 62.86% interest, and TotalEnergies, which holds the remaining 37.14%, have collaboratively worked towards this milestone. The successful start-up of Anchor demonstrates Chevron’s ability to safely deliver projects within budget, enhancing its portfolio in the Gulf of Mexico (1, 2, 3).
With this achievement, Chevron is poised to contribute significantly to the region’s energy production. By 2026