BP annual data 2002

BP performance versus comparatives: Gas versus Oil production
This stacked bar chart shows BP gas production compared with BP oil production (total group and BP share of equity-accounted entities).

BP gas production compared with BP oil production (total group and BP share of equity-accounted entities)

	Units	2002 (UK GAAP)	2003 (IFRS)	2004 (IFRS)	2005 (IFRS)	2006 (IFRS)
E&P - comparatives & statistics
Oil and natural gas production (net of royalty)	000' boe/day	3,519.0	3,606.0	3,997.0	4,014.0	3,926.0
Oil production - Total group and BP share of equity-accounted entities	000' boe/day	2,018.0	2,121.0	2,531.0	2,562.0	2,475.0
BP Gas production - Total group and BP share of equity-accounted entities	000' boe/day	1,501.0	1,485.0	1,466.0	1,452.0	1,451.0

The group adopted International Financial Reporting Standards (IFRS) with effect from 1 January 2005. Financial information for 2003 and 2004 has been restated to reflect the adoption of IFRS, as has the balance sheet at 1 January 2003, BP's date of transition to IFRS. BP chose not to adopt International Accounting Standard No. 39 'Financial Instruments: Recognition and Measurement' (IAS 39) until 1 January 2005, so financial assets and liabilities, including derivatives, are reported on the basis of UK generally accepted accounting practice (UK GAAP) for 2003 and 2004. The balance sheet at 1 January 2005 is also presented to show the effect of adopting IAS 39. The financial information for 2002 has not been restated for IFRS and remains on the basis of UK GAAP.

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BP annual data 2002 - 2006