Unocal Legacy, Inc. was formed to create this web site celebrating the Legacy of Union76/Unocal.
What was happening with Unocal 10 years ago? Well lots of things, no doubt. One big thing was deepwater exploration drilling in the Gulf of Mexico.
If you poke around the July 14, 2004 version of the Unocal website, you may find other things of interest, too.
In a development related to St. Malo, Chevron announced a new discovery in September of 2004, Jack, located about 25 miles away. About 3 years later, Chevron announced that they had “…sanctioned development of the Jack/St. Malo project, its first operated project located in the Lower Tertiary trend in the deepwater U.S. Gulf of Mexico.”
"Jack/St. Malo is the latest example of Chevron advancing its industry-leading queue of major capital projects," said George Kirkland, vice chairman, Chevron Corporation. "The Lower Tertiary is recognized as a huge resource with the potential for long life projects of up to 30 to 40 years and the opportunity to enhance recoveries through technology."
In March of 2014, Forbes magazine described the development: “The Jack and St Malo oilfields are situated in Walker Ridge blocks 758, 759 and 678 of the U.S. Gulf of Mexico. The fields are located 40km away from each other and are being jointly developed with a floating production unit located between them. “
Forbes also said, “. The Jack/St. Malo project is being developed at a cost of over $7.5 billion. First production from the project … is expected later this year. It was around 74% complete at the end of 2013.”
So – a lot was going on 10 years ago, but deepwater offshore developments take a lot of time – and cost a lot of money.
SEE the old "Murph" commercials - links on our "Links" page - click here!
See our article on the 1984 struggle between CEO Fred Hartley and T. Boone Pickens for the future of Unocal.
As we go forward we hope others who were part of or interested in the Unocal Era will visit and contribute to preserving the history, accomplishments and effort that made Unocal a historic California and international petroleum producing and refining corporation.
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