LONDON (Reuters) - Oil major BP
SandRidge Energy Inc's
Lawler has decades of experience in the U.S. energy market after working at Shell
The U.S. unconventional oil and gas market is highly competitive and a number of other big oil companies, including rival European producers Shell and BG
BP announced in March it would create a separate U.S. onshore oil and gas unit early next year to allow faster decision-making and shorter cycle times to move from shale drilling to production.
Lawler's unit will start publishing separate financial information to the rest of BP from next year and operate under a different governance management, but BP will continue to own it.
Separately, the oil major also announced on Wednesday it was the highest bidder on 27 new leases in the deepwater Gulf of Mexico, the basin where its Macondo well explosion killed 11 workers and caused a devastating oil spillage in 2010.
"We hope to continue building on ... the recent momentum that has returned to BP's operations in the deepwater Gulf of Mexico," the company said in a statement.
(Reporting by Karolin Schaps; Additional reporting by Terry Wade in Houston; Editing by Pravin Char)