United States: TotalEnergies Enters 26 Chevron-Operated Offshore Exploration Blocks, Strengthening the Successful U.S. Partnership Between Both Companies
TotalEnergies acquired a 25% working interest in 26 Chevron-operated offshore exploration blocks in the U.S. Gulf of Mexico, while Chevron took a 75% operated interest in two TotalEnergies leases. The blocks are located 150-250 km offshore — 24 in Green Canyon and 2 in Walker Ridge — targeting well-proven plays, and build on TotalEnergies' June 2025 entry into 40 Chevron-operated blocks.
Key figures
- Exploration blocks
- 26
- Distance from shore
- 150 to 250 km
- Green canyon blocks
- 24
- Walker ridge blocks
- 2
- Working interest acquired
- 25%
- Blocks transferred to chevron
- 75% operated interest in two leases
AI analysis
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