Chevron Adds New Drillship To Deepwater Operations In The Gulf of Mexico

Chevron Corporation

today announced that the Pacific Sharav, a deepwater drillship built to Chevron's specifications, has arrived in the Gulf of Mexico to work under a five-year contract with Pacific Drilling. The Pacific Sharav will work for Chevron under a five-year contract. Photo courtesy Pacific Drilling. (Photo: Business Wire) The Pacific Sharav is an upgraded Dual-Load-Path, Samsung-12000-design, dynamically-positioned drillship, specially modified to accept a Dual Gradient Drilling System, and able to operate in moderate environments and water depths up to 12,000 feet. “The addition of the Pacific Sharav as Chevron's fifth drillship in the deepwater Gulf of Mexico confirms our consistent exploration and development drilling program in the area,” said Jeff Shellebarger, president of Chevron North America Exploration and Production Company. He added, “Chevron subsidiaries are among the top lease holders in the Gulf of Mexico and the area continues to be a key enabler in our growth plans, which includes our Jack/St. Malo project, due to come online this year.” “Chevron worked with Pacific Drilling from the very early stages in the design and specifications of the drillship capabilities to ensure the right fit with our drilling program and needs, building on lessons learned and capitalizing on a long-standing business relationship,” said Steve Thurston, vice president, Chevron Deepwater Exploration and Projects, Chevron North America Exploration and Production. The Pacific Sharav has commenced operations in the Keathley Canyon area. Chevron is one of the world's leading integrated energy companies, with subsidiaries that conduct business worldwide. The company is involved in virtually every facet of the energy industry. Chevron explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and lubricants; manufactures and sells petrochemical products; generates power and produces geothermal energy; provides energy efficiency solutions; and develops the energy resources of the future, including biofuels. Chevron is based in San Ramon, Calif. More information about Chevron is available at www.chevron.com.