bp discovers oil at Far South prospect, deepwater U.S. Gulf
Oil & Gas 360º
APRIL 14, 2025
Both the initial well and a subsequent sidetrack encountered oil in high-quality Miocene reservoirs. onshore and offshore regions by 2030. The well was drilled to a total depth of 23,830 feet. The Far South co-owners are bp (operator, 57.5%) and Chevron U.S.A. Preliminary data supports a potentially commercial volume of hydrocarbons.
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