Why E&P?
If you are the kind of talented person we seek, you will have a choice about where you work. So why choose BP? And why choose our exploration and production business?
One good reason is our commitment to core values – being performance driven, innovative, progressive and green in everything we do and say. We’re proud of the many achievements that underline this commitment, some of which are listed below:
Performance driven
- Each day BP generates about three million barrels of oil-equivalent production, of which 57% is oil and 43% natural gas
- We have one of the best exploration records in our industry, having achieved a seven out of 10 success rate in ‘wildcat’ exploration over the past few years (against an industry average of one in four)
- BP is the largest producer of oil and gas in the United States
- BP owns or operates 25,000 miles of pipeline
- TNK-BP operates the Samotlor field, in Russia, which is the third-largest oil field ever discovered
Innovative
- The Thunder Horse development in the Gulf of Mexico is one of the most ambitious offshore field developments ever undertaken - the reservoir lies beneath some 6000m of mud, rock and salt, topped by 1900m of ocean. To reach the hydrocarbons requires some of the longest deviated wells in the world, which when they enter the reservoir are greeted by a combination of formation pressure and temperature rarely encountered in the Gulf of Mexico or anywhere else - over 1200 bar and 135°C
- Reaching the oil in the Gulf of Mexico requires some of the longest deviated wells in the world, each of which costs more than $60 million
- Oil pipelines are some of the biggest structures on earth: the Trans Alaska Pipeline System – of which BP owns 47% – stretches more than 1,300km (800 miles)
- We can drill up to 10km down with pinpoint accuracy
- We are pushing the frontiers of subsea engineering and can operate in water depths of 10,000 feet
- BP’s drilling and completion engineers performed the first ever deployment of a high alloy expandable completion system, suitable for use in corrosive water injection environments
- The topside facility for BP’s Clair field, under development off Scotland, is believed to be the heaviest object ever to be moved on wheels in the world – it weighed 11,000 tonnes
- The world’s first demonstration of an Equivalent Circulation Density (ECD) Reduction Tool in an open-hole drilling application was conducted in BP’s Anadarko asset - the tool successfully delivered an ECD reduction of 1.0 pounds per gallon. We broke the world record for the highest production rate for a 4 1/2" expandable sand screen
Progressive
- In 2003 women accounted for 41% of graduate entrants and people from beyond the UK and US accounted for 40%
- In 2003 BP spent $22.8m supporting community development globally and $27.1 million supporting education activities around the world
- All over the world, BP is involved in hundreds of projects like biodiversity ventures, urban renewal schemes, arts sponsorship, educational resources development, road safety and health campaigns, adult literacy drives and matching fund initiatives
- BP holds industry-leading targets globally on greenhouse gas reductions, and we’ve set ourselves a new target to have no net increase in emissions up to 2012
- Ninety-nine per cent of BP's major operations have ISO14001, an international, independently audited environmental management standard
- Over 30 unmanned offshore oil platforms around the world are powered by BP Solar
- BP has installed wind-powered lights in the Prudhoe Bay oilfield in Alaska – a minimum of 10 mph will charge a bank of batteries to provide months of uninterrupted power
- BP supported the discovery in Bolivia of seven species new to science – two frogs, two snakes, two toads and a lizard, as well as numerous insects – through the BP Conservation Awards.
- To improve the recovery of oil from just one oil field, Prudhoe Bay in Alaska, BP processes (including refrigeration to –40°C) more gas on a daily basis than the whole of Great Britain consumes
- BP published its first environmental report in 1991
About BP
An overview of our exploration and production activities
Why BP?
More reasons to choose BP
Video
View our E&P world presentation
