“How Driving Methane Emissions Reductions Enhances Safety”

Faye Gerard, Regulatory Compliance and Environmental Manager

BPX Dual energy challenge

Keep the lights on

14.5% Increase in renewables in 2018

IEA Sustainable Development Scenario Shows Oil Demand at 70 Mbd in 2040

Lightsouce BP

0%

25%

50%

75%

100%

0 2,000 4,000 6,000 8,000

Haynesville

Eagle Ford

Woodford

Anadarko

San Juan

Wamsutter

Permian Delaware

Combined drilling inventory

Cumulative well count

Afte

r-ta

x IR

R (1

)

BPX Energy

BHP US Onshore assets

BPX Energy

BHP US Onshore assets

Drilling locations

11,600(37% liquids)

Current production

500mboed(27% liquids)

Resources

12.7bn boe(35% liquids)

BPX EnergyPost-Deal

Acres

6.3m

BPX Energy Business Overview

(1) Calculated at $2.75 Henry Hub

Operated wells 9,400 3,500

Basins 6 3

Capital budget ~$950m ~$2-2.5bn

Production1 315mboed ~500mboed

Oil % of production mix ~5% ~25%

BPX Energypost-integration (2021)

BPX Energybefore acquisition (2018)

Planned Divestments

2 Million MT CO2e since 1999

Replaced over 10,000 high bleed pneumatic controllers

Solar heat trace pumps

Drone leak detection

Augmented Reality Technologies

BPX – Safety

BPX Dual energy challenge