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BPX Energy Inc.

About

Editor's note: Updated Jan. 22, 2021.

Headquarters Address

CO
United States

News

Enverus: 1Q Upstream Deals Hit $51B, but Consolidation is Slowing

Oil and gas dealmaking continued at a high clip in the first quarter, especially in the Permian Basin. But a thinning list of potential takeout targets, and an invigorated Federal Trade Commission, are chilling the red-hot M&A market.

BP Pursues ‘25-by-‘25’ Target to Amp Up LNG Production

BP wants to boost its LNG portfolio to 25 mtpa by 2025 under a plan dubbed “25-by-25,” upping its portfolio by 9% compared to 2023, CEO Murray Auchincloss said during the company’s webcast with analysts.

Which Haynesville E&Ps Might Bid for Tellurian’s Upstream Assets?

As Haynesville E&Ps look to add scale and get ahead of growing LNG export capacity, Tellurian’s Louisiana assets are expected to fetch strong competition, according to Energy Advisors Group.

Chesapeake CEO: High Bar for Haynesville, Marcellus M&A

Despite swirling rumors that Chesapeake Energy is on the hunt for major M&A, CEO Nick Dell'Osso said the natural gas producer isn’t in a hurry to make a deal.

Despite JV Reports, BP Focused on Organic Growth Not M&A—CEO

BP remains focused on its transformation into an integrated energy company, interim CEO Murray Auchincloss said during a quarterly webcast, ruling out M&A for now despite reports the company was seeking joint venture partners.

BP Pushes High Margin Projects, LNG Supply Growth

U.K.-based energy giant BP Plc looks to deliver on two important fronts by 2025 as it brings online more hydrocarbon production and boosts LNG supply.

Bingo: BPX Targets Summer Start for Permian Processing Facility

BPX Energy, which operates in the Permian-Delaware, continues to eye the start-up of its second Permian processing facility, Bingo, in the third quarter of 2023.

Electrifying the Permian: BPX Energy Touts Emissions Reductions in the Basin

BPX Energy’s electrification efforts in the Permian Basin and the installation of centralized handling facilities are part of the operator’s roadmap to net zero emissions.

E&P Highlights: March 13, 2023

Here’s a roundup of the latest E&P headlines including first gas offshore Egypt and FEED updates in the upstream oil and gas industry.

BPX Amps Up Permian, Plans $1.7 Billion Spend in US this Year

BPX Energy President Jack Collins said the company is planning to power 95% of its Permian Basin operations with electricity this year and is drilling an exploratory well for its carbon capture business.

BP’s Dave Lawler C-suite Chat: Work That Matters

Four years after picking up a Haynesville, Eagle Ford and Delaware Basin package for $10.5 billion, BPX Energy is delivering $1 billion a year in free cash flow to parent BP Plc. CEO Dave Lawler spoke with Oil and Gas Investor Executive Editor-at-large Nissa Darbonne on the company’s 2022 outlook and more.

DUG Haynesville: BPX Energy Using Data to Drive Shale Performance

BPX Energy is driving innovation in the Haynesville Shale by thinking differently and “smarter,” executive Kyle Koontz told DUG Haynesville attendees.

DUG Haynesville: BPX & Haynesville Gas

Hear BPX's chief development officer is developing its coveted Haynesville position since its acquisition in 2018.

Best of This Week’s Drilling Activity Highlights (Jan. 7, 2022)

The Permian Basin tops this week’s oil and gas drilling activity highlights from around the world including a Third Bone Spring Sand wildcat completion by an affiliate of ConocoPhillips and a Yoakum County, Texas, San Andres producer.

MiQ Certifies BP's South Haynesville Natural Gas with A Grade

With this certification, BP becomes the latest major international energy producer to differentiate its natural gas through MiQ.