BP 2011 Annual Report Download - page 94

92 BP Annual Report and Form 20-F 2011
Business review
BP’s net production by major field for 2011, 2010 and 2009.
Liquids
thousand barrels per day
Subsidiaries BP net share of productiona
Field or area 2011 2010 2009
UKbETAPc22 28 34
Foinavend26 24 29
Other 65 85 105
Total UK 113 137 168
NorwaybVarious 32 40 40
Total Rest of Europe 32 40 40
Total Europe 145 177 208
Alaska Prudhoe Bayd64 67 69
Kuparuk 39 42 45
Milne Pointd19 23 24
Other 31 34 43
Total Alaska 153 166 181
Lower 48 onshorebVarious 69 90 97
Gulf of Mexico deepwaterbThunder Horsed77 120 133
Atlantisd34 49 54
Mad Dogd830 35
Mars 19 23 29
Na Kikad14 25 27
Horn Mountaind814 25
Kingd15 21 22
Other 56 56 62
Total Gulf of Mexico deepwater 231 338 387
Total US 453 594 665
CanadabVariousd27 8
Total Rest of North America 27 8
Total North America 455 601 673
ColombiabVariousd118 23
Trinidad & Tobago Variousd31 36 38
BrazilbVarious 7– –
Total South America 39 54 61
Angola Greater Plutoniod51 73 70
Kizomba C Dev 21 31 43
Dalia 12 20 32
Girassol FPSO 12 18 22
Other 27 28 44
Total Angola 123 170 211
EgyptbGupco 34 47 55
Other 11 12 16
Total Egypt 45 59 71
AlgeriabVarious 22 17 22
Total Africa 190 246 304
AzerbaijanbAzeri-Chirag-Gunashlid86 94 94
Other 89 7
Total Azerbaijan 94 103 101
Western IndonesiabVarious 22 5
Iraq Rumaila 31 – –
Other Various 11 14 17
Total Rest of Asiab138 119 123
Total Asia 138 119 123
Australia Various 23 30 31
Other Various 22 –
Total Australasia 25 32 31
Total subsidiariese992 1,229 1,400
Equity-accounted entities (BP share)
Russia – TNK-BPbVarious 865 856 840
Total Russia 865 856 840
Abu DhabifVarious 209 190 182
Other Various 1112
Total Rest of Asiab210 191 194
Total Asia 1,075 1,047 1,034
Argentina Various 74 75 75
VenezuelabVarious 16 23 25
BoliviabVarious -– – 1
Total South America 90 98 101
Total equity-accounted entities 1,165 1,145 1,135
Total subsidiaries and equity-accounted entities 2,157 2,374 2,535
a Production 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.
b In 2011, BP sold its holdings in Venezuela and Vietnam to TNK-BP. It also made acquisitions in India through a joint venture with Reliance, Brazil and additional volumes in the US Gulf of Mexico and
UK North Sea. BP divested its holdings in Pompano along with other interests in the US Gulf of Mexico, Tuscaloosa and interests in South Texas in the US onshore, a portion of our interest in the
Azeri-Chirag-Gunashli development in Azerbaijan, Wytch Farm in the UK, our interests in the REB field in Algeria, and the remainder of our interests in Colombia and Pakistan. In 2010, BP divested
its Permian Basin assets in Texas and south-east New Mexico, the East Badr El-Din and Western Desert concession in Egypt, its Canada gas assets and reduced its interest in the King field in the
Gulf of Mexico. It also acquired an increased holding in the Azeri-Chirag-Gunashli development in Azerbaijan and the Valhall and Hod fields in the Norwegian North Sea. Four other producing fields in
the Gulf of Mexico that were acquired during 2010 were subsequently disposed of in early 2011. In 2009, BP assumed operatorship of the Mirpurkhas and Khipro blocks in Pakistan, swapped a number
of assets with BG Group plc. in the UK sector of the North Sea, divested some minor interests in the US Lower 48, divested its holdings in Indonesia’s Offshore Northwest Java to Pertamina, divested
its interests in LukArco to Lukoil and the Bolivian government nationalized, with compensation payable, Pan American Energy’s shares of Chaco.
c Volumes relate to six BP-operated fields within ETAP. BP has no interests in the remaining three ETAP fields, which are operated by Shell.
d BP-operated.
e Includes 28 net mboe/d of NGLs from processing plants in which BP has an interest (2010 29mboe/d and 2009 28mboe/d).
f The BP group holds interests, through associates, in onshore and offshore concessions in Abu Dhabi, expiring in 2014 and 2018 respectively.
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