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Chevron’s 3 tcf Piceance basin project gears up

09/15/2008
Chevron Corp. has started gas production in a $7.3 billion project to develop an estimated 3 tcf of gas over several decades in the Piceance basin in northwestern Colorado.Production, begun Aug. 25, is 5 MMcfd from the Cretaceous Williams Fork formation through a 30-in. sales line. Chevron has drilled 82 wells on four pads and is launching work on the fifth and sixth pads. Two rigs are running.The staged operation will involve drilling, fracturing, and completing 2,000 to 3,000 gas-condensate wells from multiwell pads on 33,000 acres in Garfield County and installing gas gathering and compression equipment. Chevron has 100% working interest.Current production capacity of the facilities is...
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