Petrobras: Starting production at Chinook field in Gulf of Mexico

9/14/2012

Petrobras: Starting production at Chinook field in Gulf of Mexico

BY BEN LEFEBVRE

HOUSTON -- Petrobras started production at the Chinook oil and gas field in the ultra deep waters of the Gulf of Mexico last week, the company said.

Petrobras drilled and completed the Chinook well in a reservoir in the Lower Tertiary, nearly five miles deep in the Gulf of Mexico. The BW Pioneer FPSO is moored 155 mi off the coast of Louisiana and in waters 8,200 ft above the sea floor, a world-record depth for oil production, according to Petrobras.

A subsidiary of Total owns a third of the platform, which is capable of producing 80,000 bopd and 500,000 cmpd of gas.

Dow Jones Newswires

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