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Petrobras: Starting Production at Chinook Field in U.S. Gulf

Dow Jones Newswires --
Petroleo Brasileiro SA (PBR, PETR3.BR, PETR4.BR) started production at the Chinook oil and gas field in the ultra-deep waters of the Gulf of Mexico last week, the company said Thursday.

Petrobras, as the company is known, drilled and completed the Chinook well in a resevoir in the Lower Tertiary, a geographic layer nearly five miles deep in the Gulf of Mexico. Oil and gas companies are using advances in drilling technology to explore for oil in increasingly extreme environments.

The Pioneer production platform is moored 155 miles off the coast of Louisiana and in waters 8,200 above the sea floor, a world-record depth for oil productoin, according to Petrobras.

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Submitted Sep 14, 2012 By: RENEGADEGAS

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honda0105 Champion Author Tallahassee Posts:18,834 Points:1,638,195 Joined:Nov 2008	Message Posted: Sep 18, 2012 11:26:45 PM Ignore honda0105 Report Abuse hope it ain't another BP...
sparky808 Champion Author Honolulu Posts:3,144 Points:625,660 Joined:Sep 2011	Message Posted: Sep 15, 2012 3:48:07 PM Ignore sparky808 Report Abuse drill, drill, drill.
remay Champion Author Houston Posts:7,083 Points:2,144,940 Joined:May 2006	Message Posted: Sep 15, 2012 10:17:35 AM Ignore remay Report Abuse About time...
TustinDad Champion Author Orange County Posts:4,383 Points:915,785 Joined:Feb 2008	Message Posted: Sep 15, 2012 9:20:24 AM Ignore TustinDad Report Abuse C.Carpets wrote: "Worth Repeating... O'Bummer stops USA companies drilling in Gulf, and then welcomes his South American friends to do that which he denies USA companies." I don't think it is worth repeating. There are several new rigs in the Gulf. If US companies want to drill there, just apply, which they have done. Maybe the US companies should start using the permits they already have?
tomok Champion Author Portland Posts:33,610 Points:2,374,185 Joined:Aug 2006	Message Posted: Sep 15, 2012 8:55:56 AM Ignore tomok Report Abuse Is Petrobras any better then BP when drilling in ultra-deep water and extreme environments? Have an SOP, blow out protection, emergency evacuation procedure, tested and certified equipment and the KNOWLEDGE to operate the drilling rig correctly and safely. It would be disastrous if there was another massive oil spill that happened like BP. Oil companies keep finding oil deposits all over this earth, we were supposed to run out of crude oil years ago. Chuck and TD (<comment police – TD *stay away from the Kool-Aid!) gave money to Brazil and this is what we get in return? We are running out of oil so let's raise prices at the pump! It's TD's fault! It's open ocean, have at it but don't pollute our shores! Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very safe, reliable, has a ‘reasonable’ cost and a good ‘value’ for the money. The price of fuel at the pump is too high! 12/22/2012!
C.Carpets All-Star Author Oakland Posts:573 Points:2,115,185 Joined:Feb 2005	Message Posted: Sep 15, 2012 1:38:22 AM Ignore C.Carpets Report Abuse Worth Repeating... O'Bummer stops USA companies drilling in Gulf, and then welcomes his South American friends to do that which he denies USA companies. We will show him our outrage at the polls in just a few weeks. The so-called experts also said Carter was ahead of Reagan at this stage in the 1980 election, and we know what really happened. (Posted By JudgeMobile)
Kia4now Sophomore Author Orange County Posts:238 Points:118,190 Joined:Jun 2012	Message Posted: Sep 15, 2012 12:20:05 AM Ignore Kia4now Report Abuse How does that help our economy and gas prices??
rahcat Champion Author Grand Rapids Posts:2,700 Points:690,875 Joined:Jan 2010	Message Posted: Sep 14, 2012 11:08:24 PM Ignore rahcat Report Abuse Just be careful.
Mr Tex All-Star Author Dallas Posts:897 Points:2,502,635 Joined:Jan 2004	Message Posted: Sep 14, 2012 11:05:29 PM Ignore Mr Tex Report Abuse Is it located in hurricane paths?
TFowler513 Champion Author Memphis Posts:3,824 Points:1,438,010 Joined:Mar 2008	Message Posted: Sep 14, 2012 11:05:16 PM Ignore TFowler513 Report Abuse Too bad it is not going to help our pump prices!!!
skybiker Champion Author South Carolina Posts:7,413 Points:1,587,590 Joined:Jul 2008	Message Posted: Sep 14, 2012 11:03:06 PM Ignore skybiker Report Abuse Financed by Obama!!...
us4usa Champion Author Missouri Posts:6,125 Points:1,138,560 Joined:May 2008	Message Posted: Sep 14, 2012 10:58:10 PM Ignore us4usa Report Abuse More oil on the world market is still oil supply on the world market???
SkooterG Champion Author Phoenix Posts:1,369 Points:344,185 Joined:May 2012	Message Posted: Sep 14, 2012 10:55:08 PM Ignore SkooterG Report Abuse So?
hauler43 Champion Author Oakland Posts:8,158 Points:2,597,750 Joined:Sep 2003	Message Posted: Sep 14, 2012 10:52:21 PM Ignore hauler43 Report Abuse Great
WIPACKERFAN Champion Author Chicago Posts:8,949 Points:1,872,125 Joined:Aug 2005	Message Posted: Sep 14, 2012 10:52:02 PM Ignore WIPACKERFAN Report Abuse OK
letterchunker Champion Author Texas Posts:2,340 Points:684,125 Joined:Aug 2008	Message Posted: Sep 14, 2012 10:50:55 PM Ignore letterchunker Report Abuse ok
Blue48 Champion Author Illinois Posts:7,450 Points:1,666,620 Joined:Feb 2007	Message Posted: Sep 14, 2012 10:46:41 PM Ignore Blue48 Report Abuse WHATEVER!
MDTDriver Champion Author California Posts:9,853 Points:2,181,875 Joined:Jul 2006	Message Posted: Sep 14, 2012 10:46:41 PM Ignore MDTDriver Report Abuse First the East Coast now the West Coast, here comes the next problem.
Fisterfury Rookie Author Calgary Posts:5 Points:775 Joined:Jul 2012	Message Posted: Sep 14, 2012 10:45:13 PM Ignore Fisterfury Report Abuse ok
humancry Champion Author Michigan Posts:4,620 Points:1,003,470 Joined:Nov 2006	Message Posted: Sep 14, 2012 10:43:51 PM Ignore humancry Report Abuse ok
livedream Champion Author Michigan Posts:3,845 Points:782,760 Joined:Mar 2011	Message Posted: Sep 14, 2012 10:41:28 PM Ignore livedream Report Abuse Great. -- Another oil company getting richer, while consumers at the gas pumps get poorer!
bonzoonfmb Champion Author Florida Posts:1,817 Points:664,910 Joined:Feb 2010	Message Posted: Sep 14, 2012 10:40:37 PM Ignore bonzoonfmb Report Abuse This is only good news for Brasil and the oil driller.
bif65 Champion Author Virginia Posts:1,024 Points:200,650 Joined:Jan 2011	Message Posted: Sep 14, 2012 10:40:28 PM Ignore bif65 Report Abuse ok
abcdMA Champion Author Worcester Posts:8,057 Points:1,601,705 Joined:Nov 2008	Message Posted: Sep 14, 2012 10:37:57 PM Ignore abcdMA Report Abuse and the US probably funded it for Brazil as well
iamforiu Champion Author Indiana Posts:3,715 Points:739,440 Joined:May 2011	Message Posted: Sep 14, 2012 10:37:29 PM Ignore iamforiu Report Abuse so
steben11 Veteran Author Montreal Posts:382 Points:494,415 Joined:May 2011	Message Posted: Sep 14, 2012 10:35:25 PM Ignore steben11 Report Abuse ok
pgerassi Champion Author Milwaukee Posts:11,041 Points:2,160,970 Joined:Apr 2007	Message Posted: Sep 14, 2012 10:31:09 PM Ignore pgerassi Report Abuse SO?
bra0712 Champion Author Arizona Posts:3,795 Points:796,550 Joined:Nov 2008	Message Posted: Sep 14, 2012 10:31:04 PM Ignore bra0712 Report Abuse OhOh
Ray_10589 Champion Author New York Posts:5,086 Points:1,211,435 Joined:May 2009	Message Posted: Sep 14, 2012 10:29:07 PM Ignore Ray_10589 Report Abuse Not sure this is good
mstearno Champion Author Dayton Posts:8,174 Points:1,755,920 Joined:Jan 2008	Message Posted: Sep 14, 2012 10:28:57 PM Ignore mstearno Report Abuse safer in shallow water if a problem when will the enironmentalist learn that?
mcmonsta Champion Author Honolulu Posts:3,347 Points:845,470 Joined:Sep 2009	Message Posted: Sep 14, 2012 10:24:57 PM Ignore mcmonsta Report Abuse money to be made no matter what depth
repseng Sophomore Author Twin Cities Posts:165 Points:14,940 Joined:Sep 2012	Message Posted: Sep 14, 2012 10:24:13 PM Ignore repseng Report Abuse Ok
camel1 Champion Author Minnesota Posts:8,415 Points:2,295,290 Joined:Jul 2006	Message Posted: Sep 14, 2012 10:23:17 PM Ignore camel1 Report Abuse it is environmentally safe, it is good
seahawks Champion Author Washington Posts:3,336 Points:1,986,225 Joined:Sep 2005	Message Posted: Sep 14, 2012 10:21:49 PM Ignore seahawks Report Abuse keep o drilling!!!
SpankyMI Champion Author Kalamazoo Posts:2,836 Points:785,590 Joined:Jan 2011	Message Posted: Sep 14, 2012 10:19:49 PM Ignore SpankyMI Report Abuse Lets hope we don't have to see how well they do on well clean-up, specially at those depths.
jdc17327 Champion Author Pennsylvania Posts:2,582 Points:199,730 Joined:May 2009	Message Posted: Sep 14, 2012 10:16:15 PM Ignore jdc17327 Report Abuse great...not really
wayoung56 Champion Author Alabama Posts:2,925 Points:845,985 Joined:Oct 2006	Message Posted: Sep 14, 2012 10:14:17 PM Ignore wayoung56 Report Abuse I agree 100% with judgemobile!!!
judgemobile Champion Author Ohio Posts:7,710 Points:2,473,610 Joined:Nov 2005	Message Posted: Sep 14, 2012 10:12:20 PM Ignore judgemobile Report Abuse O'Bummer stops USA companies drilling in Gulf, and then welcomes his South American friends to do that which he denies USA companies. We will show him our outrage at the polls in just a few weeks. The so-called experts also said Carter was ahead of Reagan at this stage in the 1980 election, and we know what really happened.
gils Champion Author Ohio Posts:1,711 Points:646,975 Joined:Feb 2011	Message Posted: Sep 14, 2012 10:11:51 PM Ignore gils Report Abuse ok
Mustache_33 All-Star Author Toronto Posts:900 Points:181,455 Joined:May 2012	Message Posted: Sep 14, 2012 10:09:41 PM Ignore Mustache_33 Report Abuse hm
BigDenOH Champion Author Cincinnati Posts:2,444 Points:598,025 Joined:May 2011	Message Posted: Sep 14, 2012 10:09:23 PM Ignore BigDenOH Report Abuse Oh, yea!
Ayeghoti Champion Author Michigan Posts:2,535 Points:369,355 Joined:Aug 2007	Message Posted: Sep 14, 2012 10:08:52 PM Ignore Ayeghoti Report Abuse go 4 it
driveonby1 Champion Author Toledo Posts:1,548 Points:264,865 Joined:Jun 2007	Message Posted: Sep 14, 2012 10:07:37 PM Ignore driveonby1 Report Abuse drill, baby, drill!
DriverofRed Champion Author Calgary Posts:2,313 Points:437,485 Joined:Dec 2011	Message Posted: Sep 14, 2012 10:06:10 PM Ignore DriverofRed Report Abuse k
knot2swift Champion Author Calgary Posts:4,511 Points:718,785 Joined:Nov 2009	Message Posted: Sep 14, 2012 10:03:48 PM Ignore knot2swift Report Abuse No mention of output. Whoop-Dee-Doo.
Lukus Champion Author Halifax Posts:8,424 Points:1,702,230 Joined:Nov 2007	Message Posted: Sep 14, 2012 10:01:58 PM Ignore Lukus Report Abuse Good.
PoohMcGoo Champion Author Alabama Posts:3,127 Points:823,335 Joined:Dec 2010	Message Posted: Sep 14, 2012 9:59:04 PM Ignore PoohMcGoo Report Abuse Ok
walkingtall Champion Author Toronto Posts:4,139 Points:1,149,380 Joined:Nov 2004	Message Posted: Sep 14, 2012 9:53:45 PM Ignore walkingtall Report Abuse Petrobras starting production at Chinook field in United States gulf and aren't they the one's who given a huge amount of taxpayers money.
Cableman66 Champion Author North Carolina Posts:2,252 Points:519,310 Joined:May 2011	Message Posted: Sep 14, 2012 9:47:01 PM Ignore Cableman66 Report Abuse Some body is going to go after any Oil found. Why not the US?
nztyraider Champion Author Nevada Posts:2,322 Points:716,955 Joined:Apr 2009	Message Posted: Sep 14, 2012 9:46:39 PM Ignore nztyraider Report Abuse The US should've been doing this instead.