BP 2013 Annual Report Download - page 255

Download and view the complete annual report

Please find page 255 of the 2013 BP annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 288

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234
  • 235
  • 236
  • 237
  • 238
  • 239
  • 240
  • 241
  • 242
  • 243
  • 244
  • 245
  • 246
  • 247
  • 248
  • 249
  • 250
  • 251
  • 252
  • 253
  • 254
  • 255
  • 256
  • 257
  • 258
  • 259
  • 260
  • 261
  • 262
  • 263
  • 264
  • 265
  • 266
  • 267
  • 268
  • 269
  • 270
  • 271
  • 272
  • 273
  • 274
  • 275
  • 276
  • 277
  • 278
  • 279
  • 280
  • 281
  • 282
  • 283
  • 284
  • 285
  • 286
  • 287
  • 288

The following tables provide additional data and disclosures in relation to our oil and gas operations.
Average sales price per unit of productiona
$ per unit of production
Europe North
America
South
America
Africa Asia Australasia
Total
group
average
UK
Rest of
Europe US
Rest of
North
America Russiab
Rest of
Asia
Subsidiaries
2013
Liquidsc105.86 102.72 91.88 87.16 104.27 – 108.24 100.41 99.24
Gas 9.43 10.18 3.07 4.66 5.75 4.99 10.55 5.35
2012
Liquidsc109.64 106.93 96.35 84.53 106.39 – 109.69 103.12 102.10
Gas 8.62 9.43 2.32 3.53 6.05 5.08 10.08 4.75
2011
Liquidsc106.89 107.83 96.34 86.60 104.37 – 111.10 101.22 101.29
Gas 7.91 13.15 3.34 3.60 5.24 4.73 9.13 4.69
Equity-accounted entitiesd
2013
Liquidsc 75.45 – 95.28 11.58 63.65
Gas 4.05 – 2.47 13.21 3.26
2012
Liquidsc 79.08 – 83.85 10.15 69.41
Gas 2.35 – 2.35 5.08 2.52
2011
Liquidsc 73.51 – 84.39 8.11 71.35
Gas 2.31 – 2.23 12.21 2.40
aUnits of production are barrels for liquids and thousands of cubic feet for gas. Realizations include transfers between businesses.
bAmounts reported for Russia in 2013 include BP’s share of Rosneft’s worldwide activities, including insignificant amounts outside Russia.
cCrude oil, condensate and natural gas liquids.
dIt is common for equity-accounted entities’ agreements to include pricing clauses that require selling a significant portion of the entitled production to local governments or markets at discounted
prices.
Average production cost per unit of productiona
$ per unit of production
Europe North
America
South
America
Africa Asia Australasia
Total
group
average
UK
Rest of
Europe US
Rest of
North
America Russiab
Rest of
Asia
Subsidiaries
2013 34.10 24.48 16.11 5.92 13.84 13.20 3.21 13.16
2012 22.77 39.10 15.60 5.69 11.89 11.85 3.23 12.50
2011 21.59 18.23 12.09 3.20 10.82 8.65 3.05 10.08
Equity-accounted entities
2013 – – – 12.16 4.36 4.19 5.28
2012 – – – 11.33 5.72 2.88 5.76
2011 – – – 9.04 5.68 2.70 5.58
aUnits of production are barrels for liquids and thousands of cubic feet for gas. Amounts do not include ad valorem and severance taxes.
bAmounts reported for Russia in 2013 include BP’s share of Rosneft’s worldwide activities, including insignificant amounts outside Russia.
Additional disclosures
BP Annual Report and Form 20-F 2013 251