bp announced a major oil and gas discovery at the Bumerangue prospect in deepwater offshore Brazil, its tenth discovery of 2025 and the company’s largest in 25 years.
The company stated that the 1-BP-13-SPS exploration well was drilled in the Santos Basin, 404 kilometers from Rio de Janeiro, in 2,372 meters of water depth. The well reached a total depth of 5,855 metres.
bp said it intersected a gross hydrocarbon column of about 500 metres in a high-quality pre-salt carbonate reservoir. The reservoir has an areal extent greater than 300 square kilometers.
bpTT and EOG deliver first gas from Mento Development offshore Trinidad | OilNOW
The reservoir was encountered roughly 500 meters below the crest of the structure. Rig-site analysis showed elevated levels of carbon dioxide.
Laboratory testing will now be conducted to further characterize the reservoir and fluids. Additional appraisal work is planned, pending regulatory approval.
“This is another success in what has been an exceptional year so far for our exploration team, underscoring our commitment to growing our upstream,” Gordon Birrell, bp’s executive vice president for Production & Operations, said. “We are excited to announce this significant discovery at Bumerangue, bp’s largest in 25 years.”
bp awards contract for Ginger project to Subsea 7 and SLB OneSubsea | OilNOW
bp holds 100% of the Bumerangue block, with Pré-Sal Petróleo S.A. acting as the Production Sharing Contract manager. The block was secured in December 2022 under Brazil’s 1st Cycle of the Open Acreage Production Sharing.
The Bumerangue find follows discoveries at Beryl and Frangipani in Trinidad, Fayoum 5 and El King in Egypt, Far South in the Gulf of Mexico, Hasheem in Libya, Alto de Cabo Frio Central in Brazil, and two others in Namibia and Angola via bp’s Azule Energy joint venture with Eni.
bp said it aims to grow global upstream production to 2.3 – 2.5 million barrels of oil equivalent per day by 2030, with potential for further increases out to 2035.
