Chevron Unveils Game-Changing Deepwater Tech for High-Pressure Reservoirs

Chevron Unveils Game-Changing Deepwater Tech for High-Pressure Reservoirs

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Chevron Corporation (NYSE: NYSE:CVX) on Monday launched production at its $5.7-billion Anchor project in the Gulf of Mexico, making history with the first-ever successful application of new high-pressure technology for ultra-deep reservoirs.  The technological breakthrough represents the first time the industry has seen successful production in the U.S. Gulf of Mexico, where drillers encounter significant subsea pressure that has until now evaded new technology, according to Chevron.  "This industry-first deepwater technology allows us…

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