Shares of Chevron Corp (CVX) were trading in the green in Friday’s pre-market session after the energy major announced the start of oil production from the Whale semi-submersible platform in the deepwater U.

Shell PLC and Chevron Corp. have put onstream the deepwater Whale field on the United States side of the Gulf of Mexico, expecting a peak production of 100,000 gross barrels of oil equivalent a day (boed).

Production from Whale brings Chevron another step closer to reaching 300,000 net barrels of oil equivalent per day in the U.S. GOM by 2026.

Shell (NYSE:SHEL) said Thursday it began production at its Whale floating facility in the Gulf of Mexico, which is expected to reach peak output of 100K boe/day; Whale is operator and 60% owned by Shell,

Chevron starts oil production from Whale platform in deepwater Gulf of Mexico. Estimated peak production is 100,000 gross boe/d, with up to 15 wells in the first phase of development.

CVX and Shell begin oil production at the Whale project in the Gulf of Mexico, focusing on sustainability and efficiency while unlocking deepwater resources with advanced technology.

Oil supermajor Shell on Thursday announced it has achieved first oil at its Whale deepwater floating production facility in the U.S. Gulf of Mexico. The development is operated by Shell, which owns a

Shell Offshore Inc. (Shell), a subsidiary of Shell plc, has started oil production at its Whale floating production platform, the company's 14th deep-water development in the Gulf of Mexico.

Whale's estimated peak output is 100,000 barrels of oil equivalent per day (boepd), with 480 million barrels of oil equivalent (mboe) in recoverable resources.