BP’s Q1 2025 Update: Gulf of Mexico Success, Increased Texas Drilling & Oil Price Softness
Oil Gas Leads
APRIL 29, 2025
Looking ahead, BP plans to drill around 40 exploration wells over the next three years , underscoring its ambition to expand its upstream production base. Exploration successes in the Gulf of Mexico, disciplined capital management , and resilient financial performance all reinforce BPs confidence in its long-term strategy.
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