Key Information 1
Key Ratios 1
Table Of Contents 2
List of Tables 3
List of Figures 4
BP p.l.c., Production and Reserves Trends 6
Total Oil and Gas, Reserves and Production 6
Total Crude Oil and Natural Gas Production and Reserves Trend, 2003-08 6
Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2003-08 7
Total Crude Oil and Natural Gas Reserve Changes, 2003-08 9
Crude Oil/Liquids Production and Reserve 10
Crude Oil/Liquids Production and Reserve Trend, 2003-08 10
Crude Oil Production and Reserves By Country/Region, 2003-08 11
Crude Oil/Liquids Reserve Changes, 2003-08 13
Natural Gas Production and Reserve 14
Natural Gas Production and Reserve Trend, 2003-08 14
Natural Gas Production and Reserves, By Country/Region, 2003-08 15
Natural Gas Reserve Changes, 2003-08 17
Total Crude Oil and Natural Gas Reserves Life Index 18
Total Crude Oil and Natural Gas Reserves Life Index, 2003-08 18
Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2003-08 19
BP p.l.c., E&P Costs Trends 21
Allocation of the Upstream Capital Expenditure 21
Upstream Capital Expenditure, 2003-08 21
Acquisition Costs By Country/Region, 2003-08 22
Exploration and Development Costs, By Country/Region, 2003-08 24
Oil and Gas Cost Per Boe, $/boe 26
Oil and Gas Cost Per Boe, $/boe, 2003-08 26
Oil and Gas Cost Per Boe, $/boe, By Country/Region, 2003-08 27
BP p.l.c., Reserve Replacement Ratio 30
Oil and Gas Production Replacement Ratio 30
Oil and Gas Production Replacement Ratio, 2003-08 30
Oil and Gas Production Replacement Ratio, By Country/Region, 2003-08 32
BP p.l.c., Results of Oil & Gas Operations Trend 37
Oil and Gas Revenue and Expenses 37
Oil and Gas Revenue and Expenses, 2003-08 37
Oil and Gas Revenue and Expenses, By Country/Region, 2003-08 38
Oil and Gas Revenue and Expenses, Per Boe 44
Oil and Gas Revenue and Expenses, By Boe, 2003-08 44
Oil and Gas Revenue and Expenses Per Boe, By Country/Region, 2003-08 45
Oil and Gas Performance Metrics 50
BP p.l.c., Land Holdings and Well Data 51
Developed and Undeveloped Acreage 51
Gross and Net Developed and Undeveloped Acreage, 2003-08 51
Gross and Net Developed and Undeveloped Acreage, By Country/Region, 2003-08 52
Well Statistics 55
Producible Oil and Gas Well, 2003-08 55
Producible Oil and Gas Well, By Country/Region, 2003-08 56
Exploration and Development Wells Drilled, 2003-08 61
Exploration and Development Wells Drilled, By Country/Region, 2003-08 62
Developed Reserves per Well, Oil (Mbbls per Well), Gas (MMcf per Well), Oil & Gas (Mboe per Well), 2003-08 65
Developed Reserves per Well, By Country/Region, 2003-08 66
Appendix 68
Methodology 68
Coverage 68
Secondary Research 69
Primary Research 69
Key Economic Assumptions 69
Expert Panel Validation 69
Unit Of Measure 70
Disclosure information 70
About GlobalData 70
Contact Us 70
Disclaimer 70
List of Tables
BP p.l.c., Key Facts 1
BP p.l.c., Key Ratios 1
BP p.l.c., Key Costs Per Boe, $/boe, 2008 1
BP p.l.c., Total Crude Oil and Natural Gas, Production and Reserves, MMboe, 2003-08 6
BP p.l.c., Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, MMboe, 2003-08 8
BP p.l.c., Total Crude Oil and Natural Gas Reserve Changes, MMboe, 2003-08 9
BP p.l.c., Crude Oil Production and Reserves Metrics, MMbbl, 2003-08 10
BP p.l.c., Crude Oil Production and Reserves, By Country/Region, MMbbl, 2003-08 12
BP p.l.c., Crude Oil Reserve Changes, MMbbl, 2003-08 13
BP p.l.c., Natural Gas Production and Reserves Metrics, Bcf, 2003-08 14
BP p.l.c., Natural Gas Production and Reserves, By Country/Region, Bcf, 2003-08 16
BP p.l.c., Natural Gas Reserve Changes, Bcf, 2003-08 17
BP p.l.c., Oil and Gas Reserves Life Index, Years, 2003-08 18
BP p.l.c., Oil and Gas Reserves Life Index, By Country/Region, Years, 2003-08 20
BP p.l.c., Upstream Capital Expenditure, $ Million, 2003-08 21
BP p.l.c., Proved and Unproved Acquisition Costs, By Country/Region, $ Million, 2003-08 23
BP p.l.c., Exploration and Development Costs, By Country/Region, $ Million, 2003-08 25
BP p.l.c., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per Boe, $/boe, 2003-08 26
BP p.l.c., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per Boe, $/boe, By Country/Region, 2003-08 29
BP p.l.c., Oil and Gas Production Replacement Ratio, %, 2003-08 30
BP p.l.c., 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2003-08 35
BP p.l.c., Revenue and Expenses, $ Million, 2003-08 37
BP p.l.c., Revenue and Expenses, By Country/Region, $ Million, 2003-08 42
BP p.l.c., Oil and Gas Revenue and Expenses, $/Boe, 2003-08 44
BP p.l.c., Oil and Gas Revenue and Expenses, $/Boe, By Country/Region, 2003-08 48
BP p.l.c., Oil and Gas Performance Metrics, 2003-08 50
BP p.l.c., Land Holdings (Developed and Undeveloped Acreage), Acres, 2003-08 51
BP p.l.c., Land Holdings (Developed and Undeveloped Acreage), By Country/Region, Acres, 2003-08 54
BP p.l.c., Producible Oil and Gas Wells, 2003-08 55
BP p.l.c., Producible Oil and Gas Wells, By Country/Region, 2003-08 59
BP p.l.c., Exploratory and Developed Wells, 2003-08 61
BP p.l.c., Exploratory and Developed Wells, By Country/Region, 2003-08 62
BP p.l.c., Developed Reserves per Well, Oil (Mbbls per Well), Gas (MMcf per Well), Oil & Gas (Mboe per Well), 2003-08 65
BP p.l.c., Developed Reserves per Well, By Country/Region, Mboe per Well, 2003-08 67
List of Figures
BP p.l.c., Total Crude Oil and Natural Gas, Production and Reserves, MMboe, 2003-08 6
BP p.l.c., Total Oil & Gas Production, By Country/Region, MMBOE, 2003-08 7
BP p.l.c., Total Proved Oil & Gas Reserves, By Country/Region, MMBOE, 2003-08 7
BP p.l.c., Total Crude Oil and Natural Gas Reserve Changes, MMboe, 2008 9
BP p.l.c., Crude Oil Production and Reserves Metrics, MMbbl, 2003-08 10
BP p.l.c., Oil Production, By Country/Region, MMbbl, 2003-08 11
BP p.l.c., Total Proved Oil Reserves, By Country/Region, MMbbl, 2003-08 11
BP p.l.c., Crude Oil Reserve Changes, MMbbl, 2008 13
BP p.l.c., Natural Gas Production and Reserves Metrics, Bcf, 2003-08 14
BP p.l.c., Gas Production, By Country/Region, Bcf, 2003-08 15
BP p.l.c., Total Proved Gas Reserves, By Country/Region, Bcf, 2003-08 15
BP p.l.c., Natural Gas Reserve Changes, Bcf, 2008 17
BP p.l.c., Oil and Gas Reserves Life Index, Years, 2003-08 18
BP p.l.c., Gas Reserve Life Index, By Country/Region, Years, 2003-08 19
BP p.l.c., Oil & Gas Reserve Life Index, By Country/Region, Years, 2003-08 19
BP p.l.c., Oil Reserve Life Index, By Country/Region, Years, 2003-08 20
BP p.l.c., Upstream Capital Expenditure, $ Million, 2003-08 21
BP p.l.c., Proved Acquisition Costs, By Country/Region, $ Million, 2003-08 22
BP p.l.c., Unproved Acquisition Costs, By Country/Region, $ Million, 2003-08 22
BP p.l.c., Development Costs, By Country/Region, $ Million, 2003-08 24
BP p.l.c., Exploration Costs, By Country/Region, $ Million, 2003-08 24
BP p.l.c., 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per Boe, $/boe, 2003-08 26
BP p.l.c., 3-Year Wt. Avg. Oil & Gas Finding & Development Cost per boe, By Country/Region, $/BOE, 2003-08 27
BP p.l.c., 3-Year Wt. Avg. Oil & Gas Finding Cost per boe, By Country/Region, $/BOE, 2003-08 27
BP p.l.c., 3-Year Wt. Avg. Reserve Replacement Cost per boe, By Country/Region, $/BOE, 2003-08 28
BP p.l.c., 3-Year Wt. Avg. Proved Acquisition Cost per boe, By Country/Region, $/BOE, 2003-08 28
BP p.l.c., 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2003-08 30
BP p.l.c., 3-Year Wt. Avg. Gas F&D Production Replacement, By Country/Region, %, 2003-08 32
BP p.l.c., 3-Year Wt. Avg. Gas RRC Production Replacement, By Country/Region, %, 2003-08 32
BP p.l.c., 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2003-08 33
BP p.l.c., 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2003-08 33
BP p.l.c., 3-Year Wt. Avg. Oil F&D Production Replacement, By Country/Region, %, 2003-08 34
BP p.l.c., 3-Year Wt. Avg. Oil RRC Production Replacement, By Country/Region, %, 2003-08 34
BP p.l.c., Revenue and Expenses, $ Million, 2003-08 37
BP p.l.c., Depreciation, Depletion & Amortization , By Country/Region, $ Million, 2003-08 38
BP p.l.c., Exploration Expenses, By Country/Region, $ Million, 2003-08 38
BP p.l.c., Income Tax/(Benefit), By Country/Region, $ Million, 2003-08 39
BP p.l.c., Net Income/ Loss, By Country/Region, $ Million, 2003-08 39
BP p.l.c., Oil & Gas Revenue, By Country/Region, $ Million, 2003-08 40
BP p.l.c., Pre-tax Profit, By Country/Region, $ Million, 2003-08 40
BP p.l.c., Production Expenses, By Country/Region, $ Million, 2003-08 41
BP p.l.c., Total Expenses, By Country/Region, $ Million, 2003-08 41
BP p.l.c., Oil and Gas Revenue and Expenses, $/Boe, 2003-08 44
BP p.l.c., Exploration Expenses per boe, By Country/Region, $/BOE, 2003-08 45
BP p.l.c., Income Tax/(Benefit) per boe, By Country/Region, $/BOE, 2003-08 45
BP p.l.c., Annual Lifting Cost per boe, By Country/Region, $/BOE, 2003-08 46
BP p.l.c., Annual Net Income per boe, By Country/Region, $/BOE, 2003-08 46
BP p.l.c., Oil & Gas Revenue per boe, By Country/Region, $/BOE, 2003-08 47
BP p.l.c., Total DD&A per boe, By Country/Region, $/BOE, 2003-08 47
BP p.l.c., Total Revenue per boe, By Country/Region, $/BOE, 2003-08 48
BP p.l.c., Oil and Gas Performance Metrics, 2003-08 50
BP p.l.c., Land Holdings (Developed and Undeveloped Acreage), Acres, 2003-08 51
BP p.l.c., Total Gross Undeveloped Acreage, By Country/Region, Acres, 2003-08 52
BP p.l.c., Total Net Undeveloped Acreage, By Country/Region, Acres, 2003-08 52
BP p.l.c., Total Gross Developed Acreage, By Country/Region, Acres, 2003-08 53
BP p.l.c., Total Net Developed Acreage, By Country/Region, Acres, 2003-08 53
BP p.l.c., Producible Oil and Gas Wells, 2003-08 55
BP p.l.c., Gross Producible Gas Wells, By Country/Region, Number, 2003-08 56
BP p.l.c., Gross Producible Oil & Gas Wells, By Country/Region, Number, 2003-08 56
BP p.l.c., Gross Producible Oil Wells, By Country/Region, Number, 2003-08 57
BP p.l.c., Net Oil & Gas Wells as % of Gross Oil & Gas Wells, By Country/Region, %, 2003-08 57
BP p.l.c., Net Producible Gas Wells, By Country/Region, Number, 2003-08 58
BP p.l.c., Net Producible Oil & Gas Wells, By Country/Region, Number, 2003-08 58
BP p.l.c., Net Producible Oil Wells, By Country/Region, Number, 2003-08 59
BP p.l.c., Exploratory and Developed Wells, 2003-08 61
BP p.l.c., Developed Gas Reserves per Well (MMcf per Well), By Country/Region, 2003-08 66
BP p.l.c., Developed Oil & Gas Reserves per Well (Mboe per Well), By Country/Region, 2003-08 66
BP p.l.c., Developed Oil Reserves per Well (Mbbls per Well), By Country/Region, 2003-08 67