Randy Perry News

First Oil from the Tahiti Field

On Wednesday, 6 May, StatoilHydro received first oil from the Chevron-operated Tahiti field in the US Gulf of Mexico. Tahiti is expected to produce 125,000 barrels of oil and two million cubic metres of natural gas a day, reaching plateau production later this year. With Tahiti on stream, StatoilHydro will more than double its production from the US Gulf of Mexico. StatoilHydro's interest in the Tahiti field was acquired through the EnCana Gulf of Mexico acreage acquisition in 2005, with Tahiti being sanctioned later that year.