Thread regarding BP PLC layoffs

Do we still have the skills for exploration and prospect identification?

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| 1391 views | | 10 replies (last October 28, 2024) | Reply
Post ID: @OP+1uQZLzwA

10 replies (most recent on top)

“They will trained up.. and follow the common processes..”

So should be ready in about 10 years then … if they stick with bp that long.

More likely, any sensible Indian based geo will get a few years of bp on their CV and then head to the Middle East for the better pay.

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Post ID: @nczu+1uQZLzwA

They will trained up.. and follow the common processes..

I wonder how many Pune based geos have experience of international exploration (eg GoM?)

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Post ID: @3ncf+1uQZLzwA

I wonder how many Pune based geos have experience of international exploration (eg GoM?)

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Post ID: @3emo+1uQZLzwA

They are.. in pune..

'need to start recruiting exploration geos again!'

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Post ID: @2vdc+1uQZLzwA

Exploring? Yes.
Finding something commercial? No.

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Post ID: @1kwo+1uQZLzwA

In the meantime Total announced $10B FID for Suriname development. They can produce that oil cheap at $20 bbl and still make changes to reduce emissions. BP spending billions on Kaskida where the lifting cost is around $45 to produce a heavy crude that will require subsea pumping in a couple of years. Optics look good but the reality is we have cr-ppy reserves. We traded Assets for offshore Canada, spent millions drilling a well that didn't come up with much.

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Post ID: @1wkr+1uQZLzwA

need to start recruiting exploration geos again!

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Post ID: @1vow+1uQZLzwA

Selling tacos and sandwiches are new business trends in BP. 19,000 retail folks are onboarding with BP to serve convenience stores.

Geophysicists are no longer in need in old dirty oil industry. They are on the list to go … is not a surprise with green BP!

Go green, guys and gals!

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Post ID: @bgv+1uQZLzwA

Most just left.. a few found found other roles..

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Post ID: @nzp+1uQZLzwA

Exploration is a game won with experience. Sadly the department has been culled repeatedly over the last 10 years resulting in many of the experienced people having left, often to other parts of bp.

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Post ID: @cqk+1uQZLzwA

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