BP and Chevron Hit Oil in Deepwater Gulf of America
Rextag
APRIL 16, 2025
The initial well and a sidetrack successfully encountered oil in high-quality Miocene-age reservoirs. We are focused on delivering more affordable and reliable energy from this region, building our capacity to over 400,000 barrels of oil equivalent per day by the end of the decade. per barrel in Q1 2025 versus $13.1 in Q4 2024.
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