Chevron Corporation has introduced that the Chevron-operated Big Foot deepwater mission, situated within the U.S. Gulf of Mexico, has began crude oil and pure gasoline manufacturing. The subject is situated roughly 225 mi (360 km) south of New Orleans, La., in a water depth of roughly 5,200 ft (1,584 m).

Big Foot subject was found in 2006, is estimated to comprise complete recoverable sources of greater than 200 million oil-equivalent barrels and has a projected manufacturing lifetime of 35 years. The mission makes use of a 15-slot drilling and manufacturing tension-leg platform, the deepest of its variety on this planet, and is designed for a capability of 75,000 barrels of oil and 25 MMcfgd.

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“The Big Foot mission strengthens Chevron’s deepwater portfolio and additional demonstrates that the Gulf of Mexico is an integral a part of our numerous international portfolio and long-term technique,” stated Jeff Shellebarger, President of Chevron North America Exploration and Production. “The mission advances our curiosity in safely offering dependable, inexpensive power to satisfy a rising international demand.”

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Chevron’s subsidiary, Chevron U.S.A. Inc., is the operator of Big Foot with a 60% working curiosity. Co-owners are Equinor Gulf of Mexico LLC (27.5%) and Marubeni Oil & Gas (USA) LLC (12.5%).

Source: www.worldoil.com

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