“Tiber represents BP’s second material discovery in the emerging Lower Tertiary play in the Gulf of Mexico, following our earlier Kaskida discovery,” said Andy Inglis, chief executive, exploration and production. “These material discoveries together with our industry leading acreage position support the continuing growth of our deepwater Gulf of Mexico business into the second half of the next decade.”
Tiber well is operated by BP with a 62% working interest and with co-owners Petroleo Brasileiro S.A. (Petrobras, 20%) and ConocoPhillips (18%).
