BP says new oil reserves found in the Gulf of Mexico

BP announced on Thursday that it had discovered oil reserves in the first new drilling in the Gulf of Mexico following the Deepwater Horizon platform accident last year. The new well was discovered in a previously unexplored area.

BP Chief Executive Bob Dudley said: “With the extra oil resources in the northern part of these major oil fields, BP’s investment in the Gulf of Mexico will find new giant oil fields.” Due to development in the Russian Arctic Ocean The failure of the project, Bob Dudley and British Petroleum, which he heads, have been under great pressure from shareholders recently and are in urgent need of new profit growth points. According to BP’s latest estimates, the company’s oil fields in the Gulf of Mexico have equivalent reserves of 4 billion barrels of oil and natural gas.

The report pointed out that the latest discovery was in an oil well drilled by BHP Billiton for BP, an oil and natural gas storage zone estimated to be 50 meters deep and over 91 meters long. The new oilfield is located 140 miles south of Grand Island and has a depth of 4,500 feet.

The day before, Chevron announced the new Gulf of Mexico discovery, and BP is also a partner for this potentially large-scale oil field.