BP 2014 Annual Report Download - page 227

BP’s net production by country – natural gas
million cubic feet per day
BP net share of productiona
2014 2013 2012
Subsidiaries
UKb71 157 414
Norway 102 80 8
Total Rest of Europe 102 80 8
Total Europe 173 237 422
Lower 48 onshoreb1,350 1,404 1,499
Gulf of Mexico deepwaterb159 114 134
Alaska 11 21 18
Total US 1,519 1,539 1,651
Canada 10 11 13
Total Rest of North America 10 11 13
Total North America 1,529 1,551 1,664
Trinidad & Tobago 2,147 2,221 2,097
Total South America 2,147 2,221 2,097
Egypt 406 444 470
Algeria 107 117 120
Total Africa 513 561 590
Azerbaijanb230 203 158
Western Indonesia 47 51 59
India 131 156 313
Otherb–81 103
Total Rest of Asia 408 490 633
Total Asia 408 490 633
Australia 450 431 435
Eastern Indonesia 364 353 352
Total Australasia 814 784 787
Total subsidiariesc5,585 5,845 6,193
Equity-accounted entities (BP share)
TNK-BP (Russia, Venezuela, Vietnam)bd –184 785
Rosneft (Russia, Canada, Venezuela, Vietnam)be 1,084 617 –
Argentina 323 329 355
Bolivia 80 55 34
Other 28 30 26
Total equity-accounted entitiesc1,515 1,216 1,200
Total subsidiaries and equity-accounted entities 7,100 7,060 7,393
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.
bIn 2014, BP divested its interest in the US onshore Hugoton upstream operation. BP also reduced its interest in certain wells in the US onshore Eagle Ford Shale in south Texas. It increased its interest
in the Shah Deniz asset in Azerbaijan, in certain UK North Sea assets, and in certain US onshore assets. In 2013, BP divested its interests in TNK-BP, its interests in the Harding, Devenick, Maclure,
Braes, Braemar and Sean fields in the North Sea, its interests in the US onshore Moxa upstream operation in Wyoming and its interests in the Yacheng gas field in the South China Sea. It also acquired
an interest in Rosneft. In 2012, BP divested its interests in the US Hugoton basin including the Jayhawk NGL plant, its interests in the Gulf of Mexico Marlin, Dorado, King, Horn Mountain, Holstein,
Ram Powell and Diana Hoover assets, a portion of its interest in the Gulf of Mexico Mad Dog asset, its interests in the US onshore Jonah and Pinedale upstream operation in Wyoming, its interests in
the Sunray and Hemphill gas processing plants in Texas, and associated gas gathering system, its interests in the UK North Sea southern gas fields including associated pipeline infrastructure and the
Dimlington terminal (including the integrated Easington terminal), and its interests in the Alba and Britannia fields in the UK North Sea. BP also increased its interest in the US onshore Eagle Ford Shale
in south Texas, and its interests in certain UK North Sea assets.
cNatural gas production volumes exclude gas consumed in operations within the lease boundaries of the producing field, but the related reserves are included in the group’s reserves.
dEstimated production for 2013 represents BP’s share of TNK-BP’s estimated production from 1 January to 20 March, averaged over the full year.
e2014 is based on preliminary operational results of Rosneft for the three months ended 31 December 2014. Actual results may differ from these amounts. 2013 reflects production for the period
21 March to 31 December, averaged over the full year.
Because of rounding, some totals may not agree exactly with the sum of their component parts.
Additional disclosures
BP Annual Report and Form 20-F 2014 223