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Gas fields Essay Topics & Paper Examples

Expansion and acquisition of its existing gas fields

BP is not only venturing into new areas but it also expanding its current oil and gas facilities in order to expand its supply, increase its sales and ultimately increase its profits. BP has taken several initiatives and invested huge amounts of money for acquisition of new fields and expansion of its existing gas fields which will have a significant impact on BP’s bottom line profits. One such initiative is the expansion of Wamsutter Natural Gas Field in Wyoming, North America. The Wamsutter gas field is one of the best gas fields of North America which has produced around 2 trillion cubic gas up till now. BP signed a project under which it aimed to invest around $2. 2 billion…