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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.
Chevron and BP have made an oil discovery in one of the deepest regions the industry has taken on in the Gulf of Mexico, the companies said Thursday.
The oil majors said the discovery well, in the Keathley Canyon Block 10 located about 180 miles from the Louisiana coast, “encountered significant oil pay,” but they did not say how much oil they estimated is in the ancient Paleogene sandstone formation.
Today, the CITGO Lake Charles Refinery celebrated 70 years of operations in the great state of Louisiana. The refinery, which first went online in 1944, is the largest CITGO refinery and produces more than 3.2 billion gallons of gasoline, diesel, jet fuel and other finished petroleum products every year.
Hundreds of employees – current and retired – as well as local officials, community leaders and organizations joined CITGO to participate in the 70th Anniversary celebration.
Please join us in welcoming new member company, Kuchler Polk Schell Weiner & Richeson, LLC, to LMOGA. We are pleased to have this great firm as part of our membership.
Kuchler Polk Schell Weiner & Richeson, LLC proudly represents clients in a broad range of litigation and administrative matters including, among others, general business and commercial litigation, products liability litigation, mass tort actions, environmental cases, class action proceedings, and employment claims.
Please join us in welcoming new member company, Baker Hughes, to LMOGA. We are thrilled to have this great company as part of our growing membership.
Baker Hughes is a top-tier oilfield service company with a century-long track record, delivering solutions that help oil and gas operators make the most of their reservoirs. With 60,000 employees in more than 80 countries, their local geomarket teams work side by side with customers to engineer reliable application-specific products and services that create more value from the reservoir whether the application is deepwater, unconventional hydrocarbons or production and water management.