Our Petroleum business comprises conventional oil and gas operations, and includes exploration, development and production activities.
BHP produces oil and gas predominantly in our heartland basins of the US Gulf of Mexico, Australia, Trinidad and Tobago. We are also working to find our future heartlands through an active appraisal and exploration program in Mexico, Trinidad and Tobago, Western Gulf of Mexico, and Eastern Canada.
We invest where it matters most; our capabilities in safety, market understanding, exploration, deep-water operations, and a culture of performance enables our success.
We see petroleum as an important part of the energy mix, it makes up almost half of total energy supply worldwide.
On average, we produce approximately 300,000 barrels of oil equivalent (boe) per day from our operated and non-operated assets around the world. That’s enough petrol to fuel a medium sized car for 10,000 trips around the world.