BP Says 1B Additional Barrels ‘Possible’ In Gulf Of Mexico Hubs

2 May 2017   Offshore

 The head of BP’s Gulf of Mexico region said on Monday the oil company’s use of a new seismic imaging technology has identified 1 billion additional barrels of “possible resources” at four of its U.S. offshore fields. Richard Morrison, the BP region president, said at the Offshore Technology Conference in Houston that its “full waveform inversion” imaging techology was applied to data from its Atlantis, Mad Dog, Thunder Horse and Na Kika fields. The technology enhances the clarity of images collected from existing seismic surveys, particularly those involving complex salt structures that were obscured or distorted, the company said. BP last week said its use of the imaging technology had identified 200 million barrels of possible […]

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