our technology is taking us further
first-of-its kind innovation unlocks new resources from greater depths
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a leader in the gulf
The Gulf of America (GOA), formerly the Gulf of Mexico, plays a valuable role in U.S. energy independence. Contributing 14% to the U.S. crude oil supply, the GOA is home to some of the world’s lowest carbon intensity oil and gas.
With a more than 85-year track record of success in the Gulf, Chevron is continuing to grow operations there with a goal to produce 300,000 net barrels of oil-equivalent per day in 2026.
leading the way in deepwater
a history of growth
Over the years, Chevron has continued to innovate in the Gulf. Empowered by sustained technological advances, we’ve safely overcome challenges and can now access and develop deeper and higher-pressure resources than ever before.
gulf of america in action
a closer look at chevron’s assets
With stacked reservoirs, new drilling capability and large fields, oil and gas produced from the Gulf is helping meet the world’s energy needs as Chevron learns from each field we develop there. Today, Chevron is a leading performer in the GOA, with six operated facilities, eight operated fields and a significant portion of our portfolio within tieback range.
gulf of america
ballymore project
doing more with less
We've achieved first oil at our Ballymore subsea tieback in the Gulf of America, where we’re leveraging existing infrastructure, standardized equipment, and repeatable engineering solutions to increase our production of affordable, reliable energy. Ballymore is expected to produce up to 75,000 gross barrels of oil per day at a lower carbon intensity than a standalone development.
learn more about ballymore
our guiding principles
we’re always finding new ways to safely deliver more
Three principles help us deliver more efficiently, more safely and at a lower carbon intensity.
optimization
We're working to improve operational efficiency, making better use of existing infrastructure, and using AI to help guide exploration focus areas.
technology
We’re using technology to increase production, help predict geologic factors more effectively and access hard-to-reach reserves.
standardization
We standardize processes, tools and equipment, and use repeatable engineering solutions to make us more efficient, help lower costs and reduce cycle times.
“We’re leveraging our strengths in the Gulf of America to help meet energy demand and bolster U.S. energy security.”
Brent Gros | Vice President, Gulf of America
a vision for continued growth
Building off our record of success in the Gulf, Chevron is well positioned to continue growing affordable, reliable production there. Looking forward, the GOA is expected to play an important role in future energy supply.