Chevron 2007 Annual Report Download - page 8

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6
How do you develop
energy safely and
securely when it is
located almost five
miles below sea level?
Chevron is working at the frontier of ultra-deepwater technology
and has set world records for test equipment, pressure, depth and
duration. This platform is destined for the Blind Faith Field in the U.S.
Gulf of Mexico where it will be placed in approximately 6,500 feet
(1,981 meters) of water and produce at depths of more than 24,000
feet (7,315 meters). Blind Faith is one of a number of deepwater
projects that Chevron and partners are developing. Overall, we have
approximately 40 crude oil and natural gas projects planned or in devel-
opment, each representing a Chevron investment of $1 billion or more.