November 13, 2008

Chevron Starts Oil Production From Blind Faith Field in Gulf of Mexico

Chevron has started crude oil production from its Blind Faith Field in the deepwater Gulf of Mexico. Daily production is expected to ramp up to approximately 65,000 barrels of crude oil and 55 million cubic feet of natural gas over the next three months.

Blind Faith utilizes a deep-draft semisubmersible hull located about 160 miles southeast of New Orleans, Louisiana, on Mississippi Canyon block 650. Chevron's deepest offshore production facility, Blind Faith is located in 6,500ft of water, and with subsea systems located in 7,000ft of water in Mississippi Canyon blocks 695 and 696.

Gary Luquette, president of Chevron North America Exploration and Production, said: "First oil from Blind Faith is another milestone in Chevron's efforts to tap the vast deepwater energy resources in the Gulf of Mexico. Chevron is the largest leaseholder in the Gulf of Mexico, where we have a robust program of exploration and production activities, especially in the deep water."