31-07-08 Chevron's Nigerian affiliate Star Deep Water Petroleum gas commenced production from the Agbami field offshore Nigeria.
First oil was achieved on July 29 from a Floating Production, Storage and Offloading (FPSO) vessel.

Initial production from the Agbami Field is expected to be over 100,000 bpd and is projected to increase to 250,000 bpd of crude oil and natural gas liquids by the end of 2009. The Agbami field, discovered in 1998, is the largest deepwater discovery in Nigeria and is estimated to hold potentially recoverable volumes of 900 mm barrels.
Star Deep Water is the operator of the field with a 68.2 % interest. Partners in the field include Chevron affiliate Texaco Nigeria Outer Shelf, Petroleo Brasileiro Nigeria, and StatoilHydro affiliate Statoil Nigeria. Famfa Oil and Nigerian National Petroleum are concessionaires in Agbami.

"Chevron and our partners have reached an exciting milestone for a major project 10 years in the making. Production from Agbami will now bring new energy supplies to the world market and help provide long term, sustainable returns to our shareholders," said Ali Moshiri, president of Chevron Africa and Latin America Exploration and Production.
"Agbami is a world-class project, and I'm particularly proud that Agbami represents the industry's largest ever support of Nigerian content."