BP’s Q1 2025 Update: Gulf of Mexico Success, Increased Texas Drilling & Oil Price Softness
Oil Gas Leads
APRIL 29, 2025
billion in reserve equivalent to $10 per barrel of oil price sensitivity. per barrel for 2025 , reflecting a cautious outlook while retaining operational agility. Quarterly Drilling Activity Comparison Q1 2024 Activity Count: 52 wells Q1 2025 Activity Count: 56 wells Year-over-Year Change: +7.7% billion (up from $1.2
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