Earlier this decade, BP and the Gulf of Mexico was an awkward and uneasy collocation for the UK oil supermajor after the 2010 Deepwater Horizon disaster. Nearly a decade and more than US$60 billion in damages paid later, BP has now turned the corner in its U.S. Gulf of Mexico operations and plans for significant production and project expansion into the next decade. BP’s two key pillars of growth are raising production from fields close to existing hubs, and using advanced seismic technology and analytics to better identify the resources at its oil fields in the Gulf of Mexico. In the past few years, BP, like many other major oil companies, has been increasingly using advanced new technologies to search for more oil while cutting costs and time for seismic image analysis. BP has created Wolfspar , a seismic source technology that can ‘see’ beneath the salt in the […]