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BPX Energy

9 articles mentioning BPX Energy

BPX Energy Fourth Quarter, Full Year 2020 Result Summary

BPX Energy Fourth Quarter, Full Year 2020 Result Summary

BPX Energy reported its summary of Q4 / full year 2020 results.

BP Sees Huge $16.8B Q2 Loss; Will Shift from IOC to IEC, Hit Net Zero by 2050

BP Sees Huge $16.8B Q2 Loss; Will Shift from IOC to IEC, Hit Net Zero by 2050

BP plc reported its Q2 2020 results. The company reported a loss of $16.8 billion, approximately 65% of which can be attributed to impairment charges of $9.2 billion and write-offs amounting to $1.7 billion (which BP...

BP / BPX Energy First Quarter 2020 Results

BP / BPX Energy First Quarter 2020 Results

BP plc / BPX Energy reported its Q1 2020 results. First quarter 2020 results Underlying replacement cost profit for the first quarter was $0.8 billion, compared with $2.4 billion for the same period a year earlier....

BP CEO Vows 'No Layoffs' in Near-Term; Trims 2020 Capex by 25%

BP CEO Vows 'No Layoffs' in Near-Term; Trims 2020 Capex by 25%

BP plc has reported an update on its operations in response to the COVID-19 pandemic and market disruptions related to oil prices. The company outlined several cost cutting strategies for 2020, but in a departure from...

BPX Energy Talks 2020 Outlook; Latest in Rigs, Permit Activity

BPX Energy Talks 2020 Outlook; Latest in Rigs, Permit Activity

BP plc reported Q4 2019 results for its upstream subsidiary, BPX Energy, as well as its corporate 2020 capital plan. 2020 Capital & Production Outlook In its call, BP noted that 2020 production would likely be...

Operator Adding 5 Rigs to Eagle Ford, Permian in 2020

Operator Adding 5 Rigs to Eagle Ford, Permian in 2020

BPX Energy, the lower 48 operating arm of BP plc, said something really interesting during the 3Q analyst call. Before we jump into that, just some quick look at the company operations. As you might remember,...

BPX Energy Ramping Up Eagle Ford Drilling Activity

BPX Energy Ramping Up Eagle Ford Drilling Activity

BPX Energy (the company that acquired BHP's assets for $10.9 billion) is wasting no time driving meaningful growth in the South Texas area. The company has grown its rig count from 2 (at the close of...

Exclusive: Company to Spend $2B to Drill/Complete 250 Wells; Permian, Eagle Ford, Haynesville

Exclusive: Company to Spend $2B to Drill/Complete 250 Wells; Permian, Eagle Ford, Haynesville

After recently completing its $10.5 billion acquisition of BHP's Eagleford, Haynesville and Delaware Basin properties, BPX Energy (the lower 48 unit from BP) is wasting no time. The company is ramping up drilling across all assets....

Another Eagle Ford Operator Ramping Up Drilling; Adds Three Rigs (5 Total)

Another Eagle Ford Operator Ramping Up Drilling; Adds Three Rigs (5 Total)

Last week, Shale Experts noted that Murphy Oil is ramping up spending and drilling activity at its Eagle Ford asset. Now another operator with a large Eagle Ford position is planning to bolster its operations in...