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(Investing) – bp today announced an oil discovery at the Far South prospect in the deepwater U.S. 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.
BW Energy is pleased to announce that second sidetrack DBM-1 ST2 well has confirmed the substantial oil discovery with good reservoir and fluid quality of the Bourdon prospect in the Dussafu Licence offshore Gabon, announced on 7 March 2025.
bp announced an oil discovery at its Far South prospect in the deepwater US Gulf of America. 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.
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. The initial well and a sidetrack successfully encountered oil in high-quality Miocene-age reservoirs.
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