Chevron and Murphy plan progress at Hoffe Park discovery

Chevron is planning out the next steps at its little discussed Hoffe Park discovery in the US Gulf of Mexico, which is likely to be tied back to existing infrastructure in a prolific area of the deep-water region, writes Luke Johnson.

10 March 2017 0:00 GMT Updated 10 March 2017 0:00 GMT

Upstream understands Chevron was to hold a meeting this week to outline appraisal plans for the discovery made late last year in Mississippi Canyon Block 166. Plans could include a sidetrack off the original well bore, a source said.

Chevron declined to comment on its plans. The US supermajor operates Mississippi Canyon 166 with a 75% stake. US independent Murphy Oil farmed in to the prospect with a 25% stake late last year.

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Chevron and Murphy plan progress at Hoffe Park discovery