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REG-TotalEnergies SE United States: TotalEnergies Enters 26 Chevron-Operated Offshore Exploration Blocks, Strengthening the Successful U.S. Partnership Between Both Companies

$TTEPress releaseOct 28, 2026, 3:15 AM ETRead the release

TotalEnergies acquired a 25% working interest in 26 Chevron-operated offshore exploration leases in the U.S. Gulf of Mexico, located 150-250 km from shore in the Green Canyon and Walker Ridge areas. As part of the swap, Chevron took a 75% operated interest in two adjacent leases from TotalEnergies, extending a partnership that already covers 40 Chevron-operated blocks entered in June 2025.

Key figures

Jack interest
25%
Anchor interest
37.14%
Tahiti interest
17%
Us power capacity
10 GW
Ballymore interest
40%
Leases green canyon
24
Leases walker ridge
2
Us lng exports 2025
19 million tons
Prior blocks june 2025
40
Us investment since 2022
$12 billion
Working interest acquired
25% in 26 Chevron-operated exploration leases

AI analysis

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