Chevron confirms Bandit oil discovery in Gulf of America
Key highlights
- Bandit well at Green Canyon Block 680, about 125 miles south of Louisiana, encountered full-to-base oil-bearing Miocene sands.
- Operatorship and working interests: Occidental (operator) 45.375%, Chevron U.S.A. Inc. 37.125%, Woodside Energy (Deepwater) Inc. 17.5%.
- Co-owners are evaluating appraisal and development options, including potential subsea tie-backs to an adjacent Occidental-operated facility and nearby infrastructure.
Discovery
Chevron confirmed an oil discovery at the Bandit exploration well in the Gulf of America.
Location and reservoir
The well is in Green Canyon Block 680, about 125 miles south of the Louisiana coast, and encountered high-quality, full-to-base oil-bearing Miocene sands.
Ownership and next steps
Bandit is operated by Occidental (45.375% working interest) and co-owned by Chevron U.S.A. Inc. (37.125%) and Woodside Energy (Deepwater) Inc. (17.5%); co-owners are evaluating results to determine appraisal and development plans, including potential subsea tie-backs to an adjacent Occidental-operated facility and other nearby infrastructure.
Source: Chevron