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Chevron Corporation (NYSE: CVX) today announced a significant oil discovery at the Anchor prospect in the deepwater U.S. Gulf of Mexico. Anchor is Chevron's second discovery in the deepwater Gulf in less than a year.
"The Anchor discovery, along with the previously announced Guadalupe discovery, are significant finds for us in the deepwater Gulf of Mexico. We had one of our best years with the drill bit in 2014, reporting more than 30 discoveries worldwide and adding an estimated one billion barrels of new resources to our holdings," said Jay Johnson, senior vice president, Upstream, Chevron Corporation.
Chevron Corporation (NYSE: CVX) announced that crude oil and natural gas production has begun at the Jack/St. Malo project in the Lower Tertiary trend, deepwater U.S. Gulf of Mexico. Jack/St. Malo is a key part of Chevron’s strong queue of upstream projects and was delivered on time and on budget.
Hess Corp.’s quest to harvest crude from its Tubular Bells field in deep Gulf of Mexico waters culminated Friday when oil started flowing at a massive production facility 45 miles from shore.
Sanctioned just three years ago, it is a sprawling, 7,500-ton structure balancing atop a 584-foot-long cylinder that plunges into the sea. By the end of the year, when production ramps up, the floating facility is expected to pull some 50,000 barrels of oil equivalent each day from three wells at the site.
ExxonMobil announced Monday it will spend $275,000 to pay for up to 350 math, science and English teachers in East Baton Rouge Parish public middle and high schools to undergo training next summer.
The goal is to help high school students master these subjects so they can earn college credit via Advanced Placement courses, earn a college degree and ultimately help fill future jobs in science, technology, engineering and math, or STEM, fields.
Along a remote stretch of Louisiana coastline, roseate spoonbills and snowy egrets share the skyline with more than 120 construction cranes.
Every day, 67 buses parade down a two-lane asphalt highway bordered by thickets of river cane and the Sabine River channel.