Oil & Gas 360º

APRIL 14, 2025

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. onshore and offshore regions by 2030. The well was drilled to a total depth of 23,830 feet.

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 Exploration Well 52

Rextag

APRIL 16, 2025

The initial well and a sidetrack successfully encountered oil in high-quality Miocene-age reservoirs. million barrels of oil equivalent per day globally by 2030, with approximately 1 million barrels expected from the U.S. The well was drilled in 4,092 feet of water to a total depth of 23,830 feet. BP is also targeting 2.32.5

Oil 52

Oil Upstream Exploration Well Barrel 52