The $1.2-billion project to codevelop these two fields will produce peak rates of 100,000 bopd and 325 MMcfd gas. ExxonMobil (66.7%) is the operator; BP Amoco holds the remaining 33.3%. The development utilizes a Deep Draft Caisson Vessel (DDCV) located over Hoover. The 83-story-tall DDCV floats vertically and is nearly "half a football field in diameter," with drilling/production facilities installed. Use of surface production wellheads in this water depth is an industry first. Diana field, about 15 mi west of Hoover, is a subsea development utilizing five horizontally completed wells tied back to the DDCV. New oil/gas pipelines transport the production to shore. Exxon Mobil Corporation’s project has also received the prestigious Distinguished Achievement Award for Companies, Organizations and Institutions from the Offshore Technology Conference (OTC) in May 2002. The Distinguished Achievement Award recognizes individuals and organizations for distinct achievements in, or outstanding contributions to, the advancement of offshore technology.
Hoover Diana, Gulf of Mexico, ExxonMobil, America(North),