North America Gas

1
North America Gas
Tim Holt President BP Canada Energy
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North America Gas US Market Supply Demand
Data Source NPC 1999 Data does not net out
exports to Mexico (0.05 through 1999 and 0.44
projected to 2010)
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North America Gas
The leading position in the worlds largest gas
market
Net Supply bcf/d
Net Reserves tcf
Source 1999 Annual Reports, SEC filings
Source 1999 Annual report
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North America Gas Upstream Strategy
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North America Gas BP Supply Position
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Canada Supply Position
Alberta
BritishColumbia
Sask.
Chinchaga
N. Hotchkiss
Fort St. John
Leismer
Marten Hills
Wapiti
Mackenzie Delta
Grande Plaine

Kirby
Kaybob
Edmonton
o
West Pembina
Sundre
Calgary
BritishColumbia
Alberta
Sask.
7
US Onshore Supply Position
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Gulf Of Mexico Supply Position
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Alaska Supply Position
Milne
Point
Northstar
Endicott
Alpine
Kuparuk
Pt. Thomson
Liberty
Prudhoe
NPRA
Bay
Badami
TAPS
Developments
Colville River
Major Discoveries
0
LJL (April, 1997)
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Alaska Commercialization Options
Alaska Supply
Mackenzie Delta Supply
GTL plant
LNG Plant to Asia
Alberta Hub
Eastern Canada Market
PNWMarket
ChicagoHub
CaliforniaMarket
AtlanticMarket
68 Bcf/d 200082 Bcf/d 2010
HenryHub
Source PIRA, October, 1999
Gulf CoastSupply
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Trinidad Supply Position
Produce
Develop
Appraise
News
BP
Trinidad
Atlantic LNG
Offshore Trinidad
5B
27
BP
12
BPs NA Supply Position
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North America Gas Translating Resources to
Reserves

• Cost Management
• Technology Application
• Innovation

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Continued Cost Reduction Potential
Source Company Data
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North America Gas Technology Innovation

• Technology
• - Drilling with Casing
• - Hollow Whipstock Drilling
• - Coiled Tubing Sidetracks
• - New Bit Technology
• - Automation
• - Well Venting
• E-Business
• - Online Bidding
• - Virtual Warehouse
• - Complex Services (designing, ordering,
  execution, payment)

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North America GasImproving Capital Productivity

• Constantly improving Capital Productivity
• in basins across North America by
• Lowering Costs
• Decreasing time to market
• Increasing well productivity

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North America Gas Summary

• Continued demand growth

• Strong supply competition

• Confidence to Deliver

- Diverse Supply
- Cost Leadership
- Innovation / Technology Applications
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Gas

• 1 in North America
• - production now
• - resource for the future
• - in all new supply areas
• Distinctively positioned to benefit from
• - gas, power, LNG developments
• - market evolution
• - top-line growth
• And productivity improvements continue
• - technology
• - e-business