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  • Will BP cut its oil production 25% by 2030?
  • BP said Monday it will drop a pledge to cut its oil production 25% by 2030. Critics slammed the move, but should not be surprised by it.
  • What is an oil production plant?
  • An oil production plant is a facility which processes production fluids from oil wells in order to separate out key components and prepare them for export. Typical oil well production fluids are a mixture of oil, gas and produced water. An oil production plant is distinct from an oil depot, which does not have processing facilities.
  • How do offshore oil production facilities work?
  • Offshore installations deliver oil and gas to onshore terminals which may further process the fluids prior to sale or delivery to oil refineries. The configuration of onshore oil production facilities depends on the size of the oil field. For simple fields comprising a single well or a few wells, an oil storage tank may be sufficient.
  • What are oil well production fluids?
  • Typical oil well production fluids are a mixture of oil, gas and produced water. An oil production plant is distinct from an oil depot, which does not have processing facilities. Oil production plant may be associated with onshore or offshore oil fields.