TotalEnergies has announced the commencement of production from the Ballymore deepwater field, located approximately 120 kilometres off the coast of Louisiana in the U.S. Gulf of Mexico. The company holds a 40 percent interest in the project, alongside operator Chevron, which holds the remaining 60 percent.
Launched in May 2022, the Ballymore field boasts a gross daily production capacity of 75,000 barrels of oil and 50 million cubic feet of gas. The hydrocarbons are processed via a tie-back to the Chevron-operated Blind Faith floating production unit, leveraging existing infrastructure and standardised equipment to reduce both development costs and emissions intensity.
At peak production, Ballymore is expected to contribute nearly 30,000 barrels of oil equivalent per day (boe/d) of net, cash-accretive production to TotalEnergies.
Nicolas Terraz, president of Exploration & Production at TotalEnergies, commented:
“The start-up of Ballymore will increase TotalEnergies’ production capacity in U.S. deepwater to more than 75,000 boe/d and contribute to the Company’s targeted hydrocarbon production growth of over 3 percent in 2025. The United States is a major market for the deployment of our integrated energy model, which combines low breakeven and low emissions oil and gas projects with LNG and integrated power developments.”
The Ballymore project further strengthens TotalEnergies’ presence in the Gulf of Mexico and aligns with the company’s broader strategy of pursuing efficient, lower-carbon hydrocarbon developments while advancing its integrated energy portfolio.
For more information visit www.totalenergies.com
