Starting March 1, BPX Energy will take over operations of U.S. onshore assets it acquired from BHP on its quest to build a “premier independent onshore company focused on delivering free cash flow on a consistent basis.”
Mohit Singh, senior vice president of business development and exploration for BPX Energy, says the company is on its way to building a premiere onshore business in the U.S. (Source: Velda Addison/Hart Energy)
SHREVEPORT, La.—It’s not uncommon for British supermajor BP Plc to publicly share information on its operations; however, its Lower 48 business—the recently christened BPX Energy—rarely makes such moves.
That changed when Mohit Singh, senior vice president of BPX Energy, took the stage at Hart Energy’s DUG Haynesville Conference & Exhibition on Feb. 20. He spoke about how BP is transforming its U.S. onshore business, following its $10.5 billion acquisition of BHP Billiton’s Delaware Basin, Eagle Ford and Haynesville assets in 2018.