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bp discovers oil at Far South prospect, deepwater U.S. Gulf

Oil & Gas 360º

Huntsville, Alabama, USA – June 26, 2011: Close up of illuminated bp sign at gas station in Huntsville, Alabama. bp drilled the exploration well in Green Canyon Block 584, located in western Green Canyon approximately 120 miles off the coast of Louisiana in 4,092 feet of water. Vertical composition with copy space above.

Oil 130
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bp Unveils New Oil Discovery at Gulf of America.

Egypt Oil & Gas

In a statement , the company said that it drilled the exploration well in Green Canyon Block 584, located in western Green Canyon, about 120 miles off the coast of Louisiana, in water depths of 4,092. Both the initial well and a subsequent sidetrack encountered oil in high-quality Miocene reservoirs.

Oil 52
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BP and Chevron Hit Oil in Deepwater Gulf of America

Rextag

The discovery comes amid BP's broader pivot away from rapid renewables expansion toward reinforcing its upstream oil and gas portfolio to meet investor expectations and improve financial performance. The initial well and a sidetrack successfully encountered oil in high-quality Miocene-age reservoirs. 2 billion annually. in Q4 2024.

Oil 52