THIS EVENT WILL BE HELD IN PERSON AND ALSO VIA WEBINAR
WEBINAR TIME IS NOON (12:00pm) TO 1:00pm. INSTRUCTIONS FOR ACCESSING THE WEBINAR WILL BE SENT TO REGISTRANTS IN THE MORNING PRIOR TO THE MEETING
The Anchor Project is Chevron’s first Deepwater subsea 20M project worldwide. Located in the Green Canyon area of the Gulf of Mexico, the Anchor wells will be drilled in approximately 5,000’ of water. Challenges to field development include deep reservoir depths (30,500’ - 33,000’ TVD), high reservoir pressure (~26,500 psi), and high wellhead pressures (> 15,000 psi) that result in Anchor being classified as an HPHT field. Because of these high pressures and HPHT classification, a number of new pieces of well equipment have had to be developed and qualified by Chevron and its business partners. Further, to gain regulatory approval to use the equipment in the Anchor field, compliance with BSEE CFR HPHT regulations and policies was followed.