Sunday, September 10, 2006

Chevron successfully tests new US Gulf oil discovery - Yahoo! News

Chevron successfully tests new US Gulf oil discovery - Yahoo! News: "Still, the appraisal well flowed at a rate of more than 6,000 barrels of crude per day, Chevron said, -- putting it on a par with discoveries in exploration hot spots such as the waters off Angola.

It was the deepest successful well test in the U.S. Gulf. With U.S. oil output in decline, large new fields are increasingly rare and oil companies are widening their search to more difficult places and drilling to far greater depths than ever before."

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