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2014-10-30 18:55:00

CHEVRON PROGECT: $6 BLN

CHEVRON PROGECT: $6 BLN

Chevron Corporation (NYSE: CVX) announced today that its subsidiary, Union Oil Company of California (Union), has reached a final investment decision to proceed with the development of the Hess Corporation-operated Stampede project in the deepwater U.S. Gulf of Mexico. Stampede is a deepwater subsea development, which will be tied-back to a newly constructed Tension Leg Platform.

The project design capacity will be 80,000 barrels of crude oil per day. Project cost is expected to be approximately $6 billion. The drilling program includes a total of six production and four water injection wells. Drilling is planned to commence in the fourth quarter 2015 with first production…

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Tags: CHEVRON, OIL, U.S., MEXICO, GULF, BARREL
Chronicle:
CHEVRON PROGECT: $6 BLN
2019, July, 20, 12:50:00
U.S. GAS PRICES DOWN TO $2.37 MMBTU
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CHEVRON PROGECT: $6 BLN
2019, July, 20, 12:45:00
RUSSIA'S NUCLEAR COMPETITIVENESS
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2019, July, 20, 12:40:00
ADVANCED U.S. NUCLEAR
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CHEVRON PROGECT: $6 BLN
2019, July, 20, 12:35:00
NORWAY'S PRODUCTION 1.4 MBD
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2019, July, 20, 12:30:00
U.S. URANIUM IMPORTS
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CHEVRON PROGECT: $6 BLN
2019, July, 20, 12:25:00
ARGENTINA'S GAS PRODUCTION UP
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CHEVRON PROGECT: $6 BLN
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AUSTRALIA'S LNG EXPORT UP TO 11.4 BCFD
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