Ballymore oil field production boosts Trump’s promise to ‘Drill, Baby, Drill’

The White House told Fox Business.

The American Energy Titan Chevron and the French company Totalergies announced the start of production last week from the Ballymore Oil Deep field in deep water off the coast of Louisiana and Mississippi, in what is 60-40 partnerships prefer Texas.

“President Trump’s agenda is regaining US energy dominance, which leads to a new oil partnership to the Gulf of America to” drilling, child, drilling, “said White House spokesman Taylor Rogers.

“The production of the new oil will continue to increase because the energy leaders are confident of the president’s commitment to unleash American energy, the decline in suffocating regulations, and reduce our dependence on dirty oil for foreign countries, and provide economic relief to the American people.”

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Chevron is the official operator of oil rental, according to the company, which said in a statement to Fox Business that the beginning of production is only another step towards a goal at the company level to produce 300,000 net oil per day from the Gulf of America until 2026.

Chevron added: “It is expected that the emor is expected to produce up to 75,000 barrels of oil per day through three wells linked to the facility of the blind faith run by Chevron.”

The process is a tie – or one associated with a nearby process – to the Chevron’s Blind Faith, about three miles away.

Brent Gross, Vice President of the Gulf of America, has launched a major example of how the company benefits from its technology and increases efficiency to produce “reliable and reliable energy from the deep Gulf of America-one of the lowest carbon in oil and the world’s gas production basins.”

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“Balllymore, which has been completed on time and on the budget, brings additional production via the Internet without building a new independent external platform,” said Gross, adding that dynamism reduces costs and provides more returns to shareholders.

The Ballymore field has refundable responses estimated at 150 million barrels and is geographically located in the so -called Mississippi Canyon on a depth of 6600 feet.

The United States is a “main market” for the company’s integrated energy model that focuses on developing low oil and LNG (LNG).

While he was in Paris, Totalenergies has been active in the United States since 1957, according to the company’s statement. It has invested nearly $ 11 billion in energy development since 2022.

It also describes itself as the main source of the Americans LNG.

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“We need more energy – much more, not an evaluation or political restrictions driven by a political point of view,” added Chris Wright, Minister of Energy, in the comments on Fox Business.

He said: “The beginning of production from the Ballymore field is an example of developing proper energy that enhances the future of our energy while providing good -wage American jobs.”

Wright concluded that “the Trump administration is working to expand US energy production at reasonable, reliable and abundant prices.”