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Name | Symbol | Market | Type |
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BP Plc | NYSE:BP | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.17 | -0.43% | 39.45 | 39.60 | 39.11 | 39.52 | 6,807,166 | 23:15:19 |
By Dave Sebastian
BP PLC said it has discovered oil at the Puma West prospect in the deepwater U.S. Gulf of Mexico.
The well, drilled by BP on behalf of co-owners Chevron U.S.A. Inc. and Talos Energy, is located west of the BP-operated Mad Dog field and is about 131 miles off the coast of Louisiana in 4,108 feet of water, the company said Tuesday. The well was drilled to a depth of 23,530 feet, it said.
BP said preliminary data points to the potential for a commercial volume of hydrocarbons.
BP operates Puma West with a 50% stake, while Chevron and Talos Energy each own 25%.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
April 13, 2021 07:17 ET (11:17 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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