BP’s Kodiak discovery ranks high in GOM
Deepwater oil find could be among largest in Gulf of Mexico, but exploration CEO stopped short of declaring it commercial
For Petroleum News
BP America says its latest discovery in the U.S. Gulf of Mexico contains 500 feet of “hydrocarbon-bearing sands,” ranking it among the largest deepwater oil discoveries in the U.S. Gulf based on pay thickness alone.
However, BP stopped short of declaring Kodiak a commercial success, explaining that....
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500 feet of net pay
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