FMC Lands Gunnison Subsea Work

FMC Energy Systems business has been chosen by Kerr-McGee Corp. to provide subsea trees and associated services for the Gunnison field area project in the deepwater Gulf of Mexico.

Located in water depths greater than 3,100 feet, Gunnison includes Garden Banks blocks 667, 668 and 669. The Gunnison area is planned to be developed using a truss Spar similar to those used in the development of Kerr-McGee's Nansen and Boomvang fields in the deepwater Gulf of Mexico. FMC Energy Systems has provided equipment for those developments as well.

The Gunnison Spar will be designed for daily production of 40,000 barrels of oil and 200 million cubic feet of natural gas. Initial production from the development is expected in early 2004.

The subsea tree system for Gunnison is expected to be produced at FMC Energy Systems' facilities in Houston. Delivery of the trees is scheduled to commence in the fourth quarter of 2002.

"We are pleased that Kerr-McGee has chosen FMC Energy Systems to supply the subsea tree solution for their Gunnison development," said Peter D. Kinnear, Vice President - FMC Energy Systems. "This demonstrates our commitment to work with customers to find solutions that provide innovative technology, competitive cost and outstanding performance."