BHP details deepwater Gulf of Mexico plans

Recent approval of the Typhoon project has launched BHP Petroleum Pty. Ltd.'s first commercial deepwater oil and gas development in the Gulf of Mexico. BHP and operator Chevron Corp. each hold half the project.Located in 2,000 ft of water 62 miles off Louisiana on Green Canyon Blocks 236 and 237, Typhoon will be developed through subsea completion and tieback of four existing appraisal wells. An Atlantic SeaStar mini-tension leg platform, which has proved successful on two other gulf fields, will be built and installed as a host facility.Production from Typhoon is expected to start in the third quarter of 2001, less than 4 years after discovery, and peak at 40,000 b/d of oil and 60 MM...

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