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:
“The heart of man ever finds a constant succession of passions, so that the destroying and pulling down of one proves generally to be nothing else but the production and the setting up of another.”
—François, Duc De La Rochefoucauld (1613–1680)
“The growing of food and the growing of children are both vital to the family’s survival.... Who would dare make the judgment that holding your youngest baby on your lap is less important than weeding a few more yards in the maize field? Yet this is the judgment our society makes constantly. Production of autos, canned soup, advertising copy is important. Housework—cleaning, feeding, and caring—is unimportant.”
—Debbie Taylor (20th century)
“They had their fortunes to make, everything to gain and nothing to lose. They were schooled in and anxious for debates; forcible in argument; reckless and brilliant. For them it was but a short and natural step from swaying juries in courtroom battles over the ownership of land to swaying constituents in contests for office. For the lawyer, oratory was the escalator that could lift a political candidate to higher ground.”
—Federal Writers’ Project Of The Wor, U.S. public relief program (1935-1943)