Chevron Sees Good Results from Big Foot Sidetrack
|Wednesday, July 26, 2006
Operated by a Chevron subsidiary, Chevron U.S.A. Inc., the Big Foot Well No. 2 Sidetrack 3 reached a total vertical depth of 24,434 feet to a location approximately one-half mile north and significantly downdip of the discovery well. This sidetrack encountered the same pay intervals as seen in the discovery well with approximately 300 feet of net oil pay. Further appraisal drilling will be conducted, the timing of which is still under consideration.
Chevron owns a 60 percent working interest in Big Foot. Partners are Anadarko Petroleum Corporation with 15 percent, Plains Exploration & Production Company with 12.5 percent and Shell with 12.5 percent.
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