Deepwater Tahiti Field Begins Production

6 May 2009 (Last Updated May 6th, 2009 18:30)

The deepwater Tahiti field in the Gulf of Mexico, which holds estimated proved and probable reserves of more than 400m barrels of oil equivalent, has started production. The Tahiti field, which is located about 300km south of New Orleans in more than 1,200m of water, is in a Miocene play

The deepwater Tahiti field in the Gulf of Mexico, which holds estimated proved and probable reserves of more than 400m barrels of oil equivalent, has started production.

The Tahiti field, which is located about 300km south of New Orleans in more than 1,200m of water, is in a Miocene play where the sands are expected to have good production and recovery rates, said stakeholder Total.

The field is expected to reach a plateau production of about 125,000 barrels of crude oil per day and 70m cubic feet of natural gas per day before the end of the year.

Tahiti is operated by Chevron, with Norway’s StatoilHydro owning a 25% working interest and France’s Total a 17% interest.

By staff writer.