BP has made a new oil discovery at Green Canyon Block 821 in the Puma West prospect in the deep-water, US Gulf of Mexico, according to a statement.
The well is located West of the BP’s Mad Dog field and about 131 miles off the coast of Louisiana in 4,108 feet of water. It was drilled to a total depth of 23,530 feet.
Per the statement, the well encountered oil pay in a high-quality Miocene reservoir with fluid properties similar to productive Miocene reservoirs in the area. Initial data indicates the existence of the commercial volume of hydrocarbons.
Starlee Sykes, BP Senior Vice President Gulf of Mexico and Canada, stated: “We are using our seismic expertise and drilling capability to safely find and develop advantaged oil and gas. We look forward to evaluating the potential of this discovery and its competitiveness across BP’s global portfolio. I’m proud of our team for delivering this project – especially during a global pandemic.”