Chevron delivers industry first in ultra-high pressure oil field
Chevron has achieved a technological breakthrough, producing first oil from a U.S. Gulf of Mexico field under extreme subsea pressures, the energy company said on Monday. Chevron and partner TotalEnergies expect the Anchor development to produce for 30 years. At its peak, the floating platform will pump up to 75,000 barrels of oil and 28 million cubic feet of natural gas a day.