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. BP Targets 400,000 boe/d in Gulf with New Discovery BP has made a new oil discovery in the deepwater Gulf of America, signaling a renewed commitment to traditional energy resources as the company continues a high-profile strategic reset.
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