BHP strikes oil in Trinidad and Mexico

Australia’s BHP has drilled two additional exploration wells as part of a deepwater drilling campaign offshore Trinidad and Tobago with one discovery made, and one well classified as dry.

BHP said in its operational update for the third quarter published on Thursday that the two wells were located in the Northern licenses and were a part of the company’s Phase 4 deepwater drilling campaign.

According to the company, the Boom-1 well was spud on August 28 and encountered hydrocarbons. Evaluation and analysis of the well are currently ongoing.

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