Chevron Confirms Oil Discovery at Bandit Prospect

Chevron has announced an oil discovery at the Bandit prospect in the Gulf of America, with the update shared by operator Occidental. The exploration well sits in Green Canyon Block 680, roughly 125 miles south of Louisiana’s coastline.

Drilling results revealed high-quality oil-bearing Miocene sands extending throughout the formation. The partners are now reviewing the findings to decide on the next phase of development. The discovery could potentially be developed via subsea tie-backs to a nearby facility operated by Occidental, as well as other infrastructure in the surrounding area.

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