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(World Oil) – bp today announced an oil and gas discovery at the Bumerangue prospect in the deepwater offshore Brazil. bp drilled exploration well 1-BP-13-SPS at the Bumerangue block, located in the Santos Basin, 404 km (218 nautical miles) from Rio de Janeiro, in a water depth of 2,372 m.
From the completion of the appraisal well in May 2023 to first oil, the project reached startup in approximately 25 months – setting a record for bp. Please upgrade your browser to improve your experience. The project adds 20 000 boe/d of gross peak annualised average production at the existing Argos platform. Already a member?
Dubhe-1 will target the topset horizon (SMD-B) as the primary target, appraising an already discovered resource. Please upgrade your browser to improve your experience. ” Read the latest issue of Oilfield Technology magazine for upstream news, project stories, industry insight and technical articles.
(Oil & Gas 360) – HOUSTON , May 16, 2025 / PRNewswire / — EOG Resources, Inc. ( EOG ) today announced that the company was awarded a new oilexploration concession for Unconventional Onshore Block 3 (UCO3) by Abu Dhabi’s Supreme Council for Financial and Economic Affairs (SCFEA).
The well performed in line with expectations during the 12-day production test, averaging 2,700 barrels of oil per day during the final flow period, without artificial lift. The results of the flow test indicate significantly higher reservoir quality compared to similar topset discoveries to the west.
(Oil & Gas 360) Publisher’s Note: CanCambria Energy will be presenting at the 30th Anniversary of EnerCom Denver-The Energy Investment Conference at the Westin Denver Downtown on August 17-20, 2025. From 2015 to 2024, Mr. Pierce was CEO and Director of TAG Oil Ltd.,
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