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Market Closed -
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5-day change | 1st Jan Change | ||
| 526.3 GBX | +0.13% |
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+2.71% | +12.90% |
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MEXICO CITY (Reuters) - British oil major BP will drill its first deepwater exploration well at a block it operates in the southern Gulf of Mexico during the third quarter of 2020, according to a plan approved Tuesday by Mexican oil regulator CNH.
The four-year exploration plan for the block located in the Gulf's Salina Basin is also expected to lead to an investment of $199.5 million (£142.5 million) and add up to 75 million barrels of oil equivalent in reserves, according to the CNH.
Norway's Statoil and France's Total are equity partners in the BP-led consortium, which won the development rights to the block in Mexico's first-ever deepwater oil auction in late 2016.
(Reporting by David Alire Garcia)
Price
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Change
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5d. change
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Capi.
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|---|---|---|---|---|---|
| 305 NOK | +2.45% | +1.53% | 79.11B | ||
| 68.06 EUR | +0.22% | +0.95% | 174B | ||
| 1st Jan change | Capi. | |
|---|---|---|
| +12.90% | 108B | |
| +12.96% | 221B | |
| +16.63% | 102B | |
| +34.48% | 71.76B | |
| +18.10% | 67.03B | |
| +28.56% | 55.02B | |
| +28.99% | 37.84B | |
| +31.07% | 27.89B | |
| -10.78% | 21.26B | |
| -30.18% | 21.22B |
BP PLC 
