BP in Canada
BP is dedicated to maintaining our values of Safety, Respect, Excellence, Courage and One Team. We uphold these values both internally, and externally in the areas we operate
BP in Canada focuses on developing energy from Canada’s oil sands, home to the third-largest crude reserves in the world.
Tapping into our vast experience in producing oil and gas from reservoirs in challenging environments, BP in Canada is also pursuing offshore opportunities in frontier areas such as the Arctic and Nova Scotia.
Our Integrated Supply and Trading (IST) business spans the country and makes us one of the top oil and natural gas marketers and traders in Canada.
Based in Calgary, Alberta, we currently have a workforce of approximately 300.
What we do
As a major buyer of Canadian crude oil and natural gas, we help supply customers with safe and reliable energy every day. BP Canada also provides risk management services for commodities including oil, natural gas, natural gas liquids and power to both producers and consumers.
We currently hold interests in three oil sands assets in northeast Alberta, with BP operating one of these assets. It is anticipated that each of these developments will use in situ drilling technology called Steam-Assisted Gravity Drainage (SAGD).
Aligning with BP’s vast experience in the exploration and production of oil and gas globally, BP is also currently exploring parts of Nova Scotia offshore and the Arctic’s Beaufort Sea.
The company holds interests in three oil sands assets in the Athabasca region of northeast Alberta.
- Sunrise is a 50/50 partnership between Husky Energy and BP, with Husky as the operator. It is a world-class reservoir with production anticipated over a 40-plus year life span. Phase 1 commenced operations in late 2014.
- Pike is a 50/50 joint venture with Devon NEC Corporation as operator. Pike Phase 1 was granted regulatory approval in November 2014 and is currently in the design and planning stage. Areas for future development are being appraised by delineation drilling and seismic.
- Terre de Grace is a partnership with Value Creation Inc. BP is a 75% owner and the operator of this project. Initial appraisal drilling and seismic are complete.
The resource potential of these projects is expected to provide a secure supply of oil to consumers in North America. We recognize that oil sands projects raise environmental challenges, and we are actively seeking ways to undertake these projects while minimizing the environmental footprint.
BP is exploring parts of the Beaufort Sea in Canada’s Arctic under a joint operating agreement with Imperial Oil Ventures Resources Ltd. and ExxonMobil Canada Ltd. BP and its partners are currently preparing for the regulatory approval process. A positive outcome will be required before making a drill decision. Imperial is the operator for the project.
BP holds a 100 % interest in two other exploration blocks in the Beaufort Sea. In total, BP holds an interest in more than 8,000 square kilometres in active exploration licences.
BP holds a 40% interest in exploration licences (ELs) for four blocks offshore Eastern Canada, which cover an area of almost 14,000 square kilometres, or more than twice the size of Prince Edward Island. Hess Corporation holds a 40% interest in the ELs, and Woodside Petroleum holds a 20% interest.
BP will commence as operator for the exploration program for the ELs. Drilling is anticipated to begin in 2017. Current activity is focused on drilling program planning, including ongoing environmental assessment work and continuing to build relationships with stakeholders.
Please use the contact details below to call or write to us at BP Canada. We aim to deal with your enquiries as quickly as possible.
BP office in Canada
- BP Canada Energy Group ULC
240- 4th Avenue SW
Calgary AB T2P 2H8
Tel: (403) 233-1313