In Gulf of Mexico, Perdido Means Energy Found, Produced

By April 5, 2010Energy

Seems like we’re always writing about Chevron’s legal dispute with the left-wing government of Ecuador and the combine of U.S. trial lawyers/activists/media. Chevron is an energy company, after all, and it works with other major energy companies like Shell and BP to meet consumer demand in some of those most astonishing places in the world.  From last week, a news release, “Chevron Confirms First Oil From Perdido Development.”

SAN RAMON, Calif., Mar. 31, 2010 – Chevron Corporation (NYSE: CVX) announced today that the Perdido deepwater project, located in the U.S. Gulf of Mexico, has started crude oil and natural gas production. Production from the Great White, Silvertip and Tobago fields utilizing the Perdido hub is expected to reach full capacity of 130,000 barrels of oil-equivalent per day after the drilling of additional wells…

“Perdido represents the industry’s first production from the Lower Tertiary, where Chevron has made multiple discoveries and is a leading leaseholder. This project’s success paves the way to develop further opportunities in this important new area,” said Gary Luquette, president, Chevron North America Exploration and Production Company.

Shell deserves equal billing, at least.  Shell designed and operates the Perdido host spar, the floating production facility, which is jointly owned by Shell (35 percent), Chevron (37.5 percent), and BP (27.5 percent). From a news release, “Shell starts production at Perdido – world’s deepest offshore drilling and production facility“:

Shell today produced its first oil and natural gas from the Perdido Development, the world’s deepest offshore drilling and production facility. Located in an isolated, ultra-deep sector of the Gulf of Mexico, Perdido marks a new era in innovation and safely unlocks domestic sources of energy for US consumers. The facility sits in approximately 2,450 metres (8,000 feet) of water, which is roughly equivalent to six Empire State Buildings stacked one atop the other, and will access reservoirs deep beneath the ocean floor. Perdido smashes the world water depth record for an offshore platform by more than 50%.

“Perdido is an impressive project in a strong Gulf of Mexico portfolio that continues to grow,” said Marvin Odum, Upstream Americas Director, Shell Energy Resources Company.  “Perdido presented technical challenges unlike we’ve ever seen in the Gulf of Mexico.  Shell’s team used its expertise to open this new frontier and confront complex reservoir characteristics, extreme marine conditions, and record water depth pressures.  Perdido demonstrates what companies like Shell can do when US federal lands and waters are opened to responsible energy exploration and production.”

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