BP bails out of Treasure Island wildcat wellNewfield may seek new Gulf partner, but still prefers BP’s ‘savvy,’ financial might Petroleum News
BP Exploration & Production has taken itself out of the running this year to drill an ultra-deep exploration well into untested territory below 25,000 feet at the so-called Treasure Island play on the Gulf of Mexico’s outer continental shelf.
And unless BP and partner Newfield Exploration come up wi....
[additional news subjects in this story]
No company has yet penetrated ultra-deep horizon Newfield not closing the door
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