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BPX Energy Inc.

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Editor's note: Updated Jan. 22, 2021.

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United States

News

Inside Ineos’ US E&P Business Plan: Buy, Build, Buy

The E&P chief of U.K.’s Ineos says its oily Eagle Ford Shale acquisition in 2023 has been a profitable platform entry for its new U.S. upstream business unit. And it wants more.

WaterBridge to Build Delaware Basin Produced Water Network for BPX

WaterBridge plans to develop 400,000 bbl/d of produced water capacity for BPX Energy by 2028.

Shale Outlook Eagle Ford: Sustaining the Long Plateau in South Texas

The Eagle Ford lacks the growth profile of the Permian Basin, but thoughtful M&A and refrac projects are extending operator inventories.

Electrification of Permian Faces a Problem: Not Enough Shock for the System

Permian Basin producers may have to wait years for Texas utilities to grow the grid.

Devon Capitalizing on Bakken, Eagle Ford Refracs

Devon Energy’s Delaware Basin production dominated the quarter for the multi-basin E&P, but the company is tapping into recompletion opportunities to supplement production, executives said.

Exclusive: Aethon M&A Gambit Pays Off with Woodside-Tellurian Deal

Aethon Energy, already a large LNG feed-gas supplier, sees Woodside’s acquisition of Tellurian and the Driftwood LNG project as a validation of the natural gas industry’s prospects.

Baytex Energy Joins Eagle Ford Shale’s Refrac Rally

Canadian operator Baytex Energy joins a growing number of E&Ps touting refrac projects in the Eagle Ford Shale.

BPX Expands Its US Shale Game

BPX CEO Kyle Koontz delves into development plans in the Permian, Eagle Ford and Haynesville.

BPX’s Koontz: The Rise of a Shale Man

CEO Kyle Koontz takes the reins of BPX Energy’s rapid onshore growth amid big changes at BP.

The OGInterview: BPX E-fracs Push ‘Values Up, Emissions Down,’ CEO Says

BPX Energy CEO Kyle Koontz discusses the company’s role as the “nimble entrepreneurial” arm of supermajor BP in the Permian Basin and Haynesville and Eagle Ford shales.

From South Texas to the World: International E&Ps Drill Deep in the Eagle Ford

While U.S. E&Ps squabble for pieces of the Permian Basin, international energy giants are all-in on the Eagle Ford Shale in South Texas.

BPX Looks to Ramp US Production Over 60% by 2030

BPX Energy is looking to boost its U.S. production over 60% by 2030 as it considers bringing online a fourth processing facility in the Permian by mid-year 2025, Clark Edwards, the company’s vice president of development, said during SUPER DUG in Fort Worth.

BP CEO: Final Permian Processing Facility to Come Online by Mid-year

BPX Energy, BP’s Houston-based subsidiary, plans to bring on its fourth and last Permian Basin processing facility in mid-year 2025, CEO Murray Auchincloss said.

Enverus: 1Q Upstream Deals Hit $51B, but Consolidation is Slowing

Oil and gas dealmaking continued at a high clip in the first quarter, especially in the Permian Basin. But a thinning list of potential takeout targets, and an invigorated Federal Trade Commission, are chilling the red-hot M&A market.

BP Pursues ‘25-by-‘25’ Target to Amp Up LNG Production

BP wants to boost its LNG portfolio to 25 mtpa by 2025 under a plan dubbed “25-by-25,” upping its portfolio by 9% compared to 2023, CEO Murray Auchincloss said during the company’s webcast with analysts.