TotalEnergies Begins Production from Ballymore Deepwater Field in U.S. Gulf

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TotalEnergies Begins Production from Ballymore Deepwater Field in U.S. Gulf

(IN BRIEF) TotalEnergies has begun production at the Ballymore deepwater field in the U.S. Gulf of Mexico, developed in partnership with Chevron. Located off the coast of Louisiana, Ballymore adds nearly 30,000 boe/d of net production to TotalEnergies at full capacity. The project, which uses existing infrastructure and standardized equipment, supports the Company’s strategic focus on low-cost, low-emission oil and gas production. With this addition, TotalEnergies’ deepwater output in the U.S. surpasses 75,000 boe/d and reinforces its plan for over 3% hydrocarbon production growth in 2025.

(PRESS RELEASE) PARIS, 22-Apr-2025 — /EuropaWire/ — TotalEnergies has commenced production from the Ballymore field, a major deepwater development located approximately 120 kilometers off the coast of Louisiana. The field is operated by Chevron (60% interest), with TotalEnergies holding a 40% stake. Launched in May 2022, Ballymore is now delivering hydrocarbons to the market, enhancing the Company’s U.S. offshore portfolio.

Ballymore is tied back to Chevron’s Blind Faith floating production unit and boasts a gross production capacity of 75,000 barrels of oil per day and 50 million cubic feet of gas per day. TotalEnergies’ net share at peak output will reach nearly 30,000 barrels of oil equivalent per day, providing a significant boost to the Company’s cash-generative production in the Gulf of Mexico.

The project leverages existing offshore infrastructure and standardized equipment to reduce both capital costs and environmental footprint, aligning with TotalEnergies’ strategy to develop low-emission, high-margin oil and gas assets.

“The Ballymore start-up will push our U.S. deepwater production above 75,000 barrels of oil equivalent per day, supporting our overall hydrocarbon production growth target of more than 3% for 2025,” said Nicolas Terraz, President of Exploration & Production at TotalEnergies. “The U.S. remains a cornerstone for our integrated energy strategy, where we are developing competitive, low-carbon oil and gas projects alongside our LNG and power businesses.”

TotalEnergies in the United States

TotalEnergies is deploying its integrated energy model across the United States, where it has been active since 1957. Since 2022, TotalEnergies has invested nearly $11 billion in the U.S. to accelerate development in oil, LNG, and low carbon electricity. With over 10 million tons of output in 2024, TotalEnergies is the leading exporter of U.S. LNG and is integrated throughout the LNG value chain, with upstream gas production assets in Texas and offshore U.S. The U.S. is also a key country for the deployment of TotalEnergies’ Integrated Power strategy – with 10 GW of onshore utility-scale solar, wind and battery storage, installed and under construction. Find out more about TotalEnergies’ U.S. presence here.

About TotalEnergies

TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations.

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Cautionary Note
The terms “TotalEnergies”, “TotalEnergies company” or “Company” in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words “we”, “us” and “our” may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. TotalEnergies SE has no liability for the acts or omissions of these entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies’ financial results or activities is provided in the most recent Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).

SOURCE: TotalEnergies

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