Production and Ownership
As of 1987 June 30 the cumulative production of Eugene Island 300 was 481 million barrels (76.5×106 m3) of oil equivalent, which is equivalent to an average of about 82,000 barrels per day (13,000 m3/d), taking 1971 as start of production. Oil and condensate production alone totaled 271 million barrels (43.1×106 m3) with a maximum daily production of 95,290 barrels per day (15,150 m3/d) in 1977. Oil is exported through the Shell Pipeline Co LP operated Eugene Island Pipeline System.
As of 1999 the owners of the block leases (numbers in parentheses) are Chevron Corporation (313), ExxonMobil (314 south half and 332), Royal Dutch Shell (331), Ecee, Inc (330), Palo Petroleum (337), and Tenneco Oil (338).
Read more about this topic: Eugene Island Block 330 Oil Field
Famous quotes containing the words production and, production and/or ownership:
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—Raoul Vaneigem (b. 1934)
“The society based on production is only productive, not creative.”
—Albert Camus (1913–1960)
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—Federal Writers’ Project Of The Wor, U.S. public relief program (1935-1943)