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BP - Annual F&O information - including pro forma data*
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BP performance versus comparatives: Cost of supply
This clustered bar chart shows BP's cost of supply per barrel of oil equivalent compared with the maximum and minimum cost of supply of other major oil companies.
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Units
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1999
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2000
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2001
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2002
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2003
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E&P - comparatives & statistics - select from menu
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Cost of supply - select from menu
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Cost of supply - BP (11)
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$/boe
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6.4
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6.5
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6.7
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7.6
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7.9
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Cost of supply - other oil majors (max)
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$/boe
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7.9
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8.2
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8.8
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Cost of supply - other oil majors (min)
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$/boe
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7.3
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6.3
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6.4
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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)"
(11) Cost of supply comprises exploration expense, lifting costs and depreciation adjusted for acquisition amortization.
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