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Kerr-McGee board sanctions deepwater gas development
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Kerr-McGee's board of directors has approved the development of
the Red Hawk area in the deepwater Gulf of Mexico.
The Red Hawk natural gas field, with estimated proven reserves of
more than 250 billion cubic feet of gas, will be developed using a
new mini-floating production facility. Located in more than 5,300
feet of water, Red Hawk will be Kerr-McGee's deepest development.
"Kerr-McGee is once again at the forefront of the industry in
deploying the latest technology for deepwa...
