Chevron announces Gulf deepwater discovery

03/25/2013 | Wall Street Journal, The

One of Chevron's wells in the Gulf of Mexico's Coronado prospect struck oil, the company announced. The well, which reached a depth of 31,866 feet in 6,127 feet of water, struck more than 400 feet of oil-bearing rocks. Chevron owns a 40% interest in the prospect and serves as the operator of the discovery well.

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