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Chevron Sanctions Development of Deepwater Jack/St. Malo Project in the Gulf of Mexico; Initial Development Cost of ~$7.5B

Green Car Congress

Chevron Corporation has sanctioned development of the Jack/St. By comparison, the water depth of BP’s MC252 well (of the Deepwater Horizon disaster) was approximately 5,023 feet (1,522 meters). The initial development of the Chevron project will require an investment of approximately $7.5 The Jack and St.

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