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BP BP Plc

39.45
-0.17 (-0.43%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
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

BP Finds Oil at Puma West Prospect in Deepwater U.S. Gulf of Mexico

13/04/2021 12:32pm

Dow Jones News


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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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