The commercial agreements amend the existing ACG production sharing agreement (PSA) framework, enabling the parties to progress the exploration, appraisal, development and production from the gas reservoirs of the ACG field. ACG non-associated gas resources are believed to be significant, with up to 4 Tcf (ca. 112 Bcm) in place.
Chevron, TotalEnergies begin oil production at Ballymore project in deepwater Gulf
Chevron and TotalEnergies have launched production at the Ballymore project in the deepwater Gulf...