BPTT Key Facts and Figures
BPTT holds exploration and production licenses covering 904,000 acres in marine areas off Trinidad and Tobago’s east coast. Our average production in 2008 was 457,000 barrels of oil equivalent per day, comprised of oil, NGL (natural gas liquids), and gas production. The company’s strategic intent is to be able to safely and reliably produce 500,000 boed over the long term.
){kind=small}
Type of licence:
Exploration and Production.Area of operation:
904,000 acres off Trinidad’s east coast.Facilities:
12 offshore platforms and one onshore processing facility.
Production:
457,000 barrels of oil equivalent a day
40 % to NGC
60 % to Atlantic LNG
){kind=small}
40 % to NGC
60 % to Atlantic LNG
Start of production in T&T:
1972 (as Amoco) Began exploration in 1961; first discovery in 1969.Contribution to BP Group production:
10 %.Contribution to T&T natural gas production:
Approximately 60 %.Contibution to Government revenue:
25 %.Safety:
Over 12 million man hours without a Day Away from Work Case (as at January 2009). Among top performers in BP E&P segment.Capex (2008):
Approx US$600 millionContribution to T&T GDP (2006):
14 %.Local content:
BPTT initiated the local fabrication industry with the Cannonball platform brought into production in 2006. Since then, three other bpTT platforms have been built locally. The latest is Savonette which was completed in 2009.Corporate Social Responsibility:
Areas of focus: Education, Arts & Culture, Enterprise Development and Capacity BuildingNo of employees:
Approximately 700. Nationals comprise 90% of workforce.In this section
BPTT Key Facts and Figures
