BP 2008 Annual Report Download - page 22

Performance review
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BP Annual Report and Accounts 2008
Performance review
The following tables show BP’s production by major field for 2008, 2007 and 2006.
Liquids
% thousand barrels per day
BP net share of productiona
Field or Area Interest 2008 2007 2006
Alaska Prudhoe Bayb26.4 72 74 71
Kuparuk Various 48 52 57
Northstarb98.6 22 28 38
Milne PointbVarious 27 28 31
Other Various 28 27 27
Total Alaska 197 209 224
Lower 48 onshorecVarious Various 97 108 125
Gulf of Mexico deepwatercNa KikabVarious 29 32 41
Thunder Horseb75.0 24 –
Horn Mountainb100.0 18 18 23
Kingb100.0 23 22 28
Mars 28.5 28 30 19
Mad Dogb60.5 31 25 17
Atlantisb56.0 42 2
Other Various 49 67 70
Total Gulf of Mexico 244 196 198
Total US 538 513 547
UK offshorecETAPdVarious 27 32 49
FoinavenbVarious 26 37 37
Magnusb85.0 18 16 30
Schiehallion/LoyalbVarious 18 20 26
Clairb28.6 13 9
Hardingb70.0 11 14 17
Andrewb62.8 78
Other Various 37 50 62
Total UK offshore 157 186 235
Onshore Wytch Farmb67.8 16 15 18
Total UK 173 201 253
NetherlandscVarious Various ––
Norway Valhallb28.1 14 17 21
Draugen 18.4 13 14 15
Ulab80.0 812 14
Other Various 88
Total Rest of Europe 43 51 61
Angola Dalia 16.7 34 31 –
Girassol 16.7 614 17
Greater Plutoniob50.0 69 12 –
Kizomba A 26.7 15 36 54
Kizomba B 26.7 16 35 58
Other Various 62 12 4
Australia Various 15.8 29 34 34
Azerbaijan Azeri-Chirag-Gunashlib34.1 97 200 145
Shah Denizb25.5 85
CanadacVariousbVarious 98
Colombia VariousbVarious 24 28 34
Egypt Various Various 57 43 42
Trinidad & Tobago Variousb100.0 37 30 40
Venezuelac Various Various 416 26
OthercVarious Various 42 35 28
Total Rest of World 509 539 490
Total groupe1,263 1,304 1,351
Equity-accounted entities (BP share)
Abu DhabifVarious Various 210 192 163
Argentina – Pan American Energy Various Various 70 69 69
Russia – TNK-BPcVarious Various 826 832 876
OthercVarious Various 32 17 16
Total equity-accounted entities 1,138 1,110 1,124
aProduction excludes royalties due to others whether payable in cash or in kind where the royalty owner has a direct interest in the underlying production and the option and ability to make lifting and
sales arrangements independently.
bBP-operated.
cIn 2008, BP concluded the migration of the Cerro Negro operations to an incorporated joint venture with PDVSA while retaining its equity position and TNK-BP disposed of some non-core interests.
In 2007, BP divested its producing properties in the Netherlands and some producing properties in the US Lower 48 and Canada. TNK-BP disposed of its interests in several non-core properties. In
2006, BP divested its producing properties on the Outer Continental Shelf of the Gulf of Mexico and its interest in the Statfjord oil and gas field in the UK. Our interests in the Boqueron, Desarollo
Zulia Occidental (DZO) and Jusepin projects in Venezuela were reduced following a decision by the Venezuelan government. TNK-BP disposed of its non-core interests in the Udmurtneft assets.
dVolumes relate to six BP-operated fields within ETAP. BP has no interests in the remaining three ETAP fields, which are operated by Shell.
eIncludes 19 net mboe/d of NGLs from processing plants in which BP has an interest (2007 54mboe/d and 2006 55mboe/d).
fThe BP group holds interests, through associates, in onshore and offshore concessions in Abu Dhabi, expiring in 2014 and 2018 respectively. During the second quarter of 2007, we updated our
reporting policy in Abu Dhabi to be consistent with general industry practice and as a result have started reporting production and reserves there gross of production taxes.
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