Current CVX Stock Info

Chevron Corporation (ticker: CVX) has announced a “significant” oil discovery at the Anchor prospect in the deepwater U.S. Gulf of Mexico.

The Anchor #2 Well, which is located in Green Canyon Block 807, was drilled to a total depth of 33,749 feet and encountered pay in multiple Inboard Lower Tertiary Wilcox Sands. The well is located approximately 140 miles from the Louisiana coast in 5,183 feet of water. Appraisal drilling will begin in 2015.

Chevron subsidiary Chevron U.S.A. Inc. is the operator, with a 55% working interest in the Ancho...

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