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Gemini Begins Producing in Gulf of Mexico

Gemini Begins Producing in Gulf of Mexico

Texaco and Chevron began producing natural gas and condensate from Gemini, a subsea system of wells, manifold and flow lines on the bottom of the Gulf of Mexico in 3,400 feet of water.

Gemini's initial flow rates were 77 MMcf/d and 1,500 b/d of condensate from one well. These initial rates are expected to peak at daily rates of 150-200 MMcf/d and 2,000-3,000 b/d of condensate with two additional wells by year-end. This will make Gemini one of the largest subsea projects currently producing gas and condensate in the Gulf.

Gemini is located in Mississippi Canyon Blocks 292 and 247, about 90 miles southeast of New Orleans. Texaco Exploration and Production Inc., a subsidiary of Texaco Inc., is the operator of the project with a 60% working interest. Chevron U.S.A. Production Co. holds a 40% working interest. Projected recoverable reserves for the project are estimated at 250 to 300 Bcf of gas and 3 to 4 million barrels of condensate.

Discovered in 1995, Gemini is also one of the first deepwater subsalt projects in the Gulf of Mexico. It will contribute to the initial infrastructure in this area of the Mississippi Canyon region where Texaco and Chevron are joint owners of more than 30 leases, strategically positioning the companies to grow production in the deepwater.

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