Chevron Deploys a Second Ultra-Deepwater Drillship

Chevron Deploys a Second Ultra-Deepwater Drillship

Chevron U.S.A. Inc., a wholly owned subsidiary of Chevron Corporation (NYSE: CVX), today announced that it has commenced operations on the Discoverer Inspiration, an ultra-deepwater drillship, in the U.S. Gulf of Mexico. The vessel has the capability to drill wells in 12,000 feet (3,650 meters) of water to a total depth of 40,000 feet (12,200 meters). Full text

Chevron Agbami FPSO on its way to Africa

2007.11.08 - Projects

Chevron update the status of the Agbami Deepwater Nigeria project. It’s floating production, storage and off-loading vessel has left the fabrication yard in South Korea and is being towed to the offshore Nigeria location. This FPSO is the largest of its type in the world and will be moored and ready for hook-up in the first quarter of 2008.

It has a processing capacity of 250,000 barrels of oil per day and a storage capacity of 2.1 million barrels of oil. We have already drilled 11 producers and seven injectors. We have two rigs working on the completions of these wells. We are on-track for first oil by the third quarter of 2008. We expect to be at full capacity within one year of start up. As a reminder, Chevron has a 68% interest in this project.




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First StatoilHydro-operated deepwater field in Gulf of Mexico

Q is located in Mississippi Canyon block 961. The natural gas field is developed as a subsea tieback to the Anadarko-operated Independence Hub facility in the eastern US Gulf of Mexico. StatoilHydro has a 50% working interest in the Q field.

Petrobras start production on deep water field

The Piranema field, 25 km off the coast of Sergipe, started producing oil this Wednesday (10/10), in deep Northeastern Brazil waters. With operations going online in this field, Petrobras is taking another step towards maintaining Brazil’s oil self-sufficiency. The Piranema oil, of excellent quality, at 44º API, is the lightest oil produced in deep waters in Brazil.

First LNG shipment from Snøhvit

The first tanker with a cargo of liquefied natural gas (LNG) from the Snøhvit field left port at Melkøya near Hammerfest, northern Norway

ExxonMobil Announces Startup of Marimba North Project Offshore Angola

Exxon Mobil Corporation (NYSE:XOM) announced today that its subsidiary, Esso Exploration Angola (Block 15) Limited, has started production from the Marimba North project, designed to develop 80 million barrels of oil in approximately 3,900 feet (1,300 meters) of water more than 90 miles (145 kilometers) off the coast of Angola.