bp — Upstream Portfolio
Oil Gas
Type
Operating
Status
🇬🇧 United Kingdom
Country
Project information
As at 31 December 2025
Aggregation level:
Company portfolio
Aggregation level:
Company portfolio
Report standard:
Sec S K 1200
Report standard:
Sec S K 1200
Ownership %:
100
Ownership %:
100
Operator:
Yes
Operator:
Yes
Extraction:
Conventional Oil Gas
Extraction:
Conventional Oil Gas
Description
As at 31 December 2025
bp's consolidated upstream oil and gas business across the gas & low carbon energy and oil production & operations segments, spanning the Americas, Europe, the Middle East, Africa, and Asia-Pacific. Group proved hydrocarbon reserves were 6,191 million boe at 31 December 2025 (of which 1,330 million boe equity-accounted). Seven major projects started up in 2025; the group targets 2.3-2.5 million boe/d of upstream production in 2030.
Portfolio Aggregate
Multiple effective dates · 1P
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Reserves & resources — detail
As at 31 December 2025
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