Chevron's Deepwater Production To Receive A Boost From The Start-up Of Jack/St. Malo

Chevron recently reached a key milestone in pursuit of ramping up its net hydrocarbon production from around 2,600 thousand barrels of oil equivalent per day currently to 3,100 MBOED by 2017, as it announced the first production from the first stage of development of the Jack and St. Malo fields located in the Gulf of Mexico deepwater. The project is expected to boost Chevron's net oil and gas production by around 50 MBOED at its peak.