In a statement posted on its website on Monday, BP announced “an oil discovery at the Far South prospect in the deepwater U.S. Gulf of America”. BP noted in the statement that it drilled the ...

Energy giant BP on Monday said one of its exploration wells had found oil in deep waters about 120 miles off the Louisiana ...

bp has discovered oil at the Gulf of Mexico Far South prospect 120 miles off the coast of Louisiana. Both the initial well and a subsequent sidetrack encountered oil in high-quality Miocene reservoirs ...

The estimate includes 5.77 billion bbl of oil and 7.15 tcf of natural gas—a 22.6% increase in remaining recoverable reserves, DOI said.

BP has made an oil discovery at the Far South field in the U.S. Gulf of Mexico, it said on Monday, as the energy major seeks ...

Preliminary data indicates a potentially commercial volume of hydrocarbons, reinforcing bp's exploration strategy.

A Florida photographer was aware his photo would likely fuel an online storm, with people from New Orleans to 30A chiming in.