Chevron Corp. has started crude oil and natural gas production from the deepwater Big Foot project in the Gulf of Mexico.
The Big Foot field, discovered in 2006, is estimated to contain more than 200 million boe of total recoverable resources with a projected production life of 35 years. The project uses a 15-slot drilling and production tension-leg platform in 5,200 ft of water 225 miles south of New Orleans, with a design capacity of 75,000 b/d of oil and 25 MMcfd of natural gas (OGJ Online, Dec. 16, 2010).
Chevron USA Inc. is the operator of Big Foot with 60%. Co-owners are Equinor Gulf of Mexico LLC (27.5%) and Marubeni Oil & Gas (USA) LLC (12.5%).