HOUSTON – Chevron now expects first oil from its deepwater Big Foot TLP in the Gulf of Mexico in 2018. Initial plans called for production to start later this year.
Installation was halted and the TLP moved to sheltered waters earlier this year when several pre-installed tendons lost buoyancy.
The Big Foot platform is a dry-tree extended TLP with an on-board drilling rig and production capacity of 75,000 bbl of oil and 25 MMcf/d of natural gas.
The Big Foot field is 360 km (224 mi) south of New Orleans in 1,600 m (5,249 ft) of water.
Chevron U.S.A. Inc. (operator) has a working interest of 60% in the development, with co-owners Statoil (27.5%) and Marubeni Oil & Gas (12.5%).