Oil & Gas 360º

APRIL 14, 2025

Huntsville, Alabama, USA – June 26, 2011: Close up of illuminated bp sign at gas station in Huntsville, Alabama. Both the initial well and a subsequent sidetrack encountered oil in high-quality Miocene reservoirs. million barrels of oil equivalent in 2030, with the capacity to increase production out to 2035.

Oil 130

Oil Exploration and Production Sidetracking Upstream 130

Egypt Oil & Gas

APRIL 16, 2025

Both the initial well and a subsequent sidetrack encountered oil in high-quality Miocene reservoirs. million barrels of oil equivalent (mmboe) in 2030, with further capacity expected by 2035. Around 1 million barrels of oil equivalent per day (mmboe/d) are expected to be delivered from the US onshore and offshore regions by 2030.

Oil 52

Oil Sidetracking Exploration and Production BBL 52

Rextag

APRIL 16, 2025

The discovery comes amid BP's broader pivot away from rapid renewables expansion toward reinforcing its upstream oil and gas portfolio to meet investor expectations and improve financial performance. The initial well and a sidetrack successfully encountered oil in high-quality Miocene-age reservoirs. 2 billion annually.

Oil 52

Oil Upstream Exploration Well Exploration and Production 52