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BP America Production Company

Company Summary

Description

BP America Production Company explores, extracts, and produces oil and gas in United States and Gulf Mexico. BP America Production Company was formerly known as Amoco Production Company. The company was incorporated in 1930 and is based in Houston, Texas. BP America Production Company operates as a subsidiary of BP p.l.c.

Website

http://www.bloomberg.com/research/stocks/private/s...

Related Entities

Recent news

  • 12/2/2019 - European Renewables Firm... (subscriber access)
  • 6/18/2019 - Lime Rock Resources... (subscriber access)
  • 5/23/2019 - Thompson & Knight... (subscriber access)
  • 7/30/2018 - BP Acquires BHP's Shale... (subscriber access)
  • 3/2/2018 - Goodrich Petroleum... (subscriber access)

Company Transactions

Date: 12/2/2019
Type: Acquisition

BUYERS:
  • IKAV
  • DETAILS:
    NOTES:
    BP has divested its stake in the San Juan Basin to European renewable developer IKAV. Financial terms were not disclosed. The asset includes 1,390 wells in CO and 2,440 in NM, and is part of BP's efforts to divest up to $6 billion in acreage.
    REGIONS:
  • San Juan Basin
  • Date: 9/30/2019
    Type: Acquisition

    NOTES:
    Lime Rock Resources acquired oil and gas properties in Cleveland and McClain Counties, Oklahoma from BP America Production Company.

    Date: 10/15/2018
    Type: Acquisition

    DETAILS:

    COST: 10.5 $B

    VOLUMES: 190 MBOE/d

    ACRES: 470000 Acres

    NOTES:
    The acquired assets include 470,000 net acres with 190 Mboe/d in production (45% liquids,) and 4.6 Bboe in resources. Regionally, it includes 83,000 acres in the Permian Basin with 40 Mboe/d (70% liquids) in production, 194,000 acres in the Eagle Ford producing 90 Mboe/d (70% liquids) and 194,000 acres in the Haynesville producing 60 Mboe/d (100% gas.)
    REGIONS:
  • Eagle Ford
  • Permian Basin
  • Delaware Basin
  • Haynesville-Bossier Shale
  • Date: 3/1/2018
    Type: Acquisition

    NOTES:
    Goodrich Petroleum has closed on the sale of production, facilities, infrastructure and acreage in the Angelina River Trend to BP America Production Company.
    REGIONS:
  • East Texas/Louisiana
  • Date: 12/14/2016
    Type: Acquisition

    DETAILS:

    VOLUMES: 559.5 BOE/d

    NOTES:
    PetroGas acquired a fractional interest in four oil and gas wells located in Roberts County, Texas. The wells combined produced 2.57 MMcf/d of natural gas and 131 bbl/d of crude oil for the 6-month period ending in May 2016.
    REGIONS:
  • Texas and Producing Region