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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, June, 24, 12:30:00
OIL PRICE: NEAR $65 YET
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CHEVRON PROGECT: $6 BLN
2019, June, 24, 12:25:00
COOPERATION IS IMPORTANT
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CHEVRON PROGECT: $6 BLN
2019, June, 24, 12:20:00
RUSSIA WILL HELP IRAN
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CHEVRON PROGECT: $6 BLN
2019, June, 24, 12:15:00
U.S. OIL PRODUCTION 12.2 MBD
U.S. crude oil production reached a new all-time high of 12.2 million barrels per day (mb/d) in May 2019
CHEVRON PROGECT: $6 BLN
2019, June, 24, 12:10:00
6 UNDERVALUED ENERGY STOCKS ANEW
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CHEVRON PROGECT: $6 BLN
2019, June, 24, 12:05:00
GREEN ENERGY CONGRESS JUNE 2019
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CHEVRON PROGECT: $6 BLN
2019, June, 24, 12:00:00
COAL PRICES DOWN
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