World of Oil ///

Petrobras has announced that oil production should commence at the Cascade/Chinook development in mid-2010. The company stated that the Chinook FPSO unit should see first oil in June 2010; however, production could also come online in July. Located in the greater Chinook area of the US Gulf of Mexico, the fields have a combined estimated production capacity of 80,000 bopd.

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