BP 6-K 2008
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
for the period ended 14 October
October 14, 2008
GULF OF MEXICO
BP America Inc.
announced today an oil discovery at its Freedom Prospect in the deepwater
Gulf of Mexico
The well, located in Mississippi Canyon Block 948, approximately 70 miles southeast of the
, is in about 6,100 feet (1,860 met
s) of water. The Freedom well was drilled to a total depth of approximately 29,280 feet (8,927
) and encountered greater than 550 net feet of hydrocarbon-bearing sands in Middle and Lower Miocene reservoirs. Appraisal will be required to determine the size and commerciality of the discovery.
"The Freedom well is our third discovery in this part of the deepwater Gulf of Mexico following our Tubular Bells and Kodiak discoveries," said Andy Inglis,
xecutive, Exploration and Production. "This discovery further strengthens BP's resource base and portfolio of potential development projects in the
Gulf of Mexico
. We believe that Freedom straddles Mississippi Canyon Block 948 and Mississippi Canyon Block 992 and we look forward to working with our various partners towards efficient development of these discovered resources."
The well is operated by BP Exploration & Production Inc., a wholly-owned subsidiary of BP America Inc., with a 25 per
cent working interest, and includes co-owners Noble Energy, Inc.
(37.5 per cent)
, Samson Offshore Company
(25 per cent)
and Marathon Oil Company
(12.5 per cent)
. The lease was acquired by Noble Energy and Samson Offshore at federal OCS Lease Sale 198 in March, 2006.
Mississippi Canyon Block 992
is operated by BHP (32.
25 per cent
) with BP as co-owner (67.
75 per cent
Note to editors
, BP Houston: +1-
David Nicholas, BP London: +44 20 7496 4708
- ENDS -
/s/ D. J. PEARL