BP Finds Oil at Puma West Prospect in Deepwater U.S. Gulf of Mexico

By Dave Sebastian

BP PLC said it has discovered oil at the Puma West prospect in the deepwater U.S. Gulf of Mexico.

The well, drilled by BP on behalf of co-owners Chevron U.S.A. Inc. and Talos Energy, is located west of the BP-operated Mad Dog field and is about 131 miles off the coast of Louisiana in 4,108 feet of water, the company said Tuesday. The well was drilled to a depth of 23,530 feet, it said.

BP said preliminary data points to the potential for a commercial volume of hydrocarbons.

BP operates Puma West with a 50% stake, while Chevron and Talos Energy each own 25%.

Write to Dave Sebastian at [e-mail]

(END) Dow Jones Newswires

04-13-21 0717ET