BP - Annual F&O information - including pro forma data*

BP performance versus comparatives: Finding and development costs
This clustered bar chart shows BP's finding and development cost per barrel of oil equivalent compared with the maximum and minimum finding and development costs of other major oil companies.

Image with a graph of BP performance versus comparatives: Finding and development costs

	Units	1999	2000	2001	2002	2003
E&P - comparatives & statistics - select from menu
Finding and development costs - select from menu
Finding and development costs - BP	$/boe	3.21	3.29	3.68	4.14	6.34
Finding and development costs - other oil majors (max)	$/boe	6.57	5.11	8.34
Finding and development costs - other oil majors (min)	$/boe	2.86	3.21	4.34

All the financial data for 1999 to 2003 has been restated to reflect (i) the transfer of NGLs operations from E&P to GP&R and (ii) the impact of change in ESOP accounting. Only data for 2002 and 2003 has been restated to reflect the adoption by the group of "Retirement Benefits Reporting Standard (FRS17)"

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