Chevron in “record-setting” Gulf of Mexico test

09/05/2006

Tuesday September 5, 4:33 AM EDT

NEW YORK (Reuters) - Chevron Corp. said on Tuesday it successfully completed what it called “a record setting production test” on the Jack No. 2 well at Walker Ridge Block 758 in the U.S. Gulf of Mexico.

Chevron said the Jack well was completed and tested in 7,000 feet of water, and more than 20,000 feet under the sea floor, breaking Chevron’s 2004 Tahiti well test record as the deepest successful well test in the Gulf of Mexico.

During the test, the well sustained a flow rate of more than 6,000 barrels of crude oil per day, Chevron said.

Chevron first announced the discovery of the Jack prospect in September 2004. It is 270 miles southwest of New Orleans and 175 miles offshore.

Chevron is the operator with a 50 percent working interest.

Devon Energy and Statoil each own a 25 percent working interest.