By OGJ editors
HOUSTON, Oct. 10 -- Chevron Corp. plans to develop Blind Faith oil and gas field in 7,000 ft of water 160 miles southeast of New Orleans on Mississippi Canyon Blocks 695 and 696.
It will install a semisubmersible able to handle production of 45,000 b/d of oil and 45 MMcfd of gas. Initial output of 30,000 b/d of oil and 30 MMcfd of gas is expected in the first half of 2008.
Topsides of the production semi will be expandable to raise capacities to 60,000 b/d and 150 MMcfd of gas if needed for production from satellites or third-party tiebacks.
The Blind Faith discovery well, drilled in June 2001, encountered more than 200 ft of net pay in Miocene sands at 20,900-24,300 ft. A 2004 appraisal well helped define the field, which has estimated gross resource potential exceeding 100 million boe.
Chevron operates the field with a 62.5% working interest. Kerr-McGee Corp. has 37.5%.
