Marathon Announces First Oil from Deepwater Droshky Development in Gulf of Mexico
Green Car Congress
JULY 20, 2010
This marks the first new deepwater production since the Obama Administration halted drilling after the Deepwater Horizon accident. At a final development cost of less than $900 million, the initial stage of development is expected to produce 35 million of the estimated 60 million barrels of oil equivalent (boe) net resource.
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