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  • BP Makes ‘Giant’ Oil Discovery In Gulf Of Mexico

    09/03/2009 6:01:06 AM PDT · by FromLori · 17 replies · 1,153+ views
    Red Orbit ^ | 9/2/09
    Petroleum firm BP announced Wednesday that it has made a “giant” discovery in the Gulf of Mexico. “BP announced today a giant oil discovery at its Tiber Prospect (well) in the deepwater Gulf of Mexico,” the firm said in a statement. "The Tiber well was drilled to a total depth of approximately 35,055 feet making it one of the deepest wells ever drilled by the oil and gas industry." The well is located in Keathley Canyon block 102, about 250 miles south east of Houston. "Tiber represents BP's second material discovery in the emerging Lower Tertiary play in the Gulf...