BP on Tuesday reported an oil discovery on Green Canyon Block 821. BP (NYSE: BP) on Tuesday reported an oil discovery at the Puma West prospect in the deepwater U.S. Gulf of Mexico (GOM). Drilled by BP on behalf of co-owners Chevron U.S.A. Inc. (NYSE: CVX) and Talos Energy (NYSE: TALO), Puma West – on Green Canyon Block 821 – lies approximately 131 miles (211 kilometers) off the Louisiana coast, BP noted in a written statement. The company added the discovery, located west of the BP-operated Mad Dog field, was drilled to a total depth of 23,530 feet (7,172 meters) in 4,108 feet (1,252 meters) of water. Operator BP holds a 50-percent working interest in Puma West. Chevron and Talos each hold a 25-percent stake. “Our resilient and focused hydrocarbons business is core to BP’s strategy, and in the Gulf of Mexico we invest and explore in the reservoirs […]

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