BP 2010 Annual Report Download - page 240

Supplementaryinformationonoilandnaturalgas(unaudited)
Supplementaryinformationonoilandnaturalgas(unaudited)continued
Movements in estimated net proved reserves continued
millionbarrels
Crude oila     2009
Europe North South Africa Asia Australasia  Total
  America America    
    Restof     
  Restof  North    Restof 
 UK Europe USe America   Russia Asia 
Subsidiaries
At1January2009
 Developed 410 81 1,717 11 47 464 – 195 56 2,981
 Undeveloped 119 194 1,273 1 55 496 – 488 58 2,684
    529 275 2,990 12 102 960 – 683 114 5,665
Changesattributableto
 Revisionsofpreviousestimates 7 (1) 165 2 18 (121) – (128) 3 (55)
 Improvedrecovery 42 7 82 – 7 32 – 31 2 203
 Purchasesofreserves-in-place 1 – – – – – – 1 – 2
 Discoveriesandextensions 184 – 73 – – 114 – – 7 378
 Productionb (61) (14) (237) (2) (22) (109) – (45) (11) (501)
 Salesofreserves-in-place (8) – – – – – – (26) – (34)
    165 (8) 83 – 3 (84) – (167) 1 (7)
At31December2009c
 Developed 403 83 1,862 11 49 422 – 182 58 3,070
 Undeveloped 291 184 1,211 1 56 454 – 334 57 2,588
    694 267 3,073 12 105 876 – 516 115 5,658

Equity-accountedentities(BPshare)f
At1January2009
 Developed – – – – 399 – 2,227 499 – 3,125
 Undeveloped – – – – 409 11 944 199 – 1,563
    – – – – 808 11 3,171 698 – 4,688
Changesattributableto
 Revisionsofpreviousestimates – – – – 2 (2) 590 (28) – 562
 Improvedrecovery – – – – 50 – 8 – – 58
 Purchasesofreserves-in-place – – – – – – – – – –
 Discoveriesandextensions – – – – 3 – 87 – – 90
 Production – – – – (37) – (307) (71) – (415)
 Salesofreserves-in-place – – – – (14) – – (116) – (130)
    – – – – 4 (2) 378 (215) – 165
At31December2009d
 Developed – – – – 407 – 2,351 363 – 3,121
 Undeveloped – – – – 405 9 1,198 120 – 1,732
    – – – – 812 9 3,549 483 – 4,853

Totalsubsidiariesandequity-accountedentities(BPshare)
At1January2009
 Developed 410 81 1,717 11 446 464 2,227 694 56 6,106
 Undeveloped 119 194 1,273 1 464 507 944 687 58 4,247
    529 275 2,990 12 910 971 3,171 1,381 114 10,353
At31December2009
 Developed 403 83 1,862 11 456 422 2,351 545 58 6,191
 Undeveloped 291 184 1,211 1 461 463 1,198 454 57 4,320
    694 267 3,073 12 917 885 3,549 999 115 10,511

a
CrudeoilincludesNGLsandcondensate.Provedreservesexclude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.
b
Ex
cludesNGLsfromprocessingplantsinwhichaninterestisheldof26thousandbarrelsaday.
c
Includes819millionbarrelsofNGLs.Alsoincludes23millionbarrelsofcrudeoilinrespectofthe30%minorityinterestinBPTrinidadandTobagoLLC.
d
Includes20millionbarrelsofNGLs.Alsoincludes243millionbarrelsofcrudeoilinrespectofthe6.86%minorityinterestinTNK-BP.
e
ProvedreservesinthePrudhoeBayeldinAlaskaincludeanestimated68millionbarrelsuponwhichanetprotsroyaltywillbepayableoverthelifeoftheeldunderthetermsoftheBPPrudhoeBay
RoyaltyTrust.
f
V
olumesofequity-accountedentitiesincludevolumesofequity-accountedinvestmentsofthoseentities.
238BPAnnualReportandForm20-F2010