BHP’s $1.3bn to lift US oil projects

Original article by Paul Garvey
The Australian – Page: 20 : 14-Feb-19

Production at the Atlantis oil field in the Gulf of Mexico will increase by about 38,000 barrels of oil equivalent a day following BHP’s decision to invest $US696m ($976.3m) in the third stage of the project. BHP will also spend $US256m on drilling an additional appraisal well at its Trion project off the coast of Mexico. The capital investment is part of BHP’s strategy to increase its conventional oil and gas output.

CORPORATES
BHP GROUP LIMITED – ASX BHP, BP PLC

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