BP Plc

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News

The drop, according to Norway-headquartered Rystad Energy, could result in oil reserves running out within 15 years if large…

Experts discuss how emissions factor into profitability in the era of energy transition and the need for standardization in how to…

The resolution will clear the way for the Biden administration to slash U.S. greenhouse gas emissions.

In a sign of growing confidence in the economic recovery and its operations following a year of cutting costs, headcount and its…

The startup is part of the three-phase development of five gas fields.

New Financings

Report Date Type Amount (MM) Description
2019-01-28 BP Equity $20.00

BP Ventures said Jan. 28 it has invested $5 million in Belmont Technology’s Series A financing to further…

Report Date Type Amount (MM) Description
2013-03-22 BP Plc - 2013-03-22 Buyback $8,000.00

Intends to carry out a share repurchase program. The program is expected to return an amount equivalent…

Activity Highlights

London-based BP is under way at exploration well #1-Ironbarkl in exploration permit WA-359-P in the Carnarvon Basin. The offshore Western Australia venture will be drilled in about 300 m of water and will test the Ironbark gas prospect, which has…

BP has scheduled two more development tests in the company’s Thunder Horse Field. IHS Markit reported that as part of the Thunder Horse South Expansion Phase 2 project, the London-based company will drill #22 OCS G14658 and #23 OCS G14658 in the…

BPX Operating Co. completed an Eagle Ford Shale discovery that produced 2,624 bbl of 45° API oil, 2.015 MMcf of gas and 3,180 bbl of water per day. The #8H Lonesome Dove A is in Karnes County (RRC Dist. 2), Texas, in Ramon Musquiz Survey A-7. The…

Two development tests have been permitted by BP Plc on the company’s Thunder Horse South Expansion Phase 2 project. The #19 OCS G14658 and #20 OCS G14658 will be drilled from offsetting surface locations in the northeastern portion of Mississippi…

London-based BP re-completed a Prudhoe Bay Field well in Alaska that was originally drilled in 2014 at #06-22B Prudhoe Bay Unit. The well is in Section 2-10n-14e in Umiat Meridian. It was tested flowing 288 bbl of oil, 27.513 MMcf of gas and 1,…

Transactions

Report Date Amount (MM) Description
2021-02-01

BP Sells $2.6 Billion Stake in Oman Gas Development

BP Sells $2.6 Billion Stake in Oman Gas Development

Report Date Amount (MM) Description
2021-01-29 $1,100.00

BP Enters Offshore Wind Through $1.1 Billion Acquisition of US Assets

BP Enters Offshore Wind Through $1.1 Billion Acquisition of US Assets

Report Date Amount (MM) Description
2020-12-18 $5,600.00

Hilcorp To Buy BP’s Alaska Business For $5.6 Billion

Hilcorp To Buy BP’s Alaska Business For $5.6 Billion

Report Date Amount (MM) Description
2020-12-16

BP Acquires Majority Stake in Largest US Carbon Offset Developer

BP Acquires Majority Stake in Largest US Carbon Offset Developer

Report Date Amount (MM) Description
2020-06-29 $5,000.00

BP Sells Petchems Arm for $5 Billion

BP Sells Petchems Arm for $5 Billion