BP plc · LSE:BP.
BP — Investor Presentation (2023)
6 slides from BP's investor presentation, 2023
Slide 1: Glossary - abbreviations
Glossary - abbreviations ACG Azeri Chirag Gunashli EUR Estimated ultimate recoveries. AGT Azerbaijan, Georgia, Türkiye. EWO Exploration write off. Barrel (bbl) 159 litres, 42 US gallons. FID Final investment decision. bcfd Billion cubic feet per day. ft Feet. bcfe Billion cubic feet equivalent. G&A
Slide 2: Glossary - abbreviations
Glossary - abbreviations mbd Thousand barrels per day. NWD New well delivery. mboe Thousand barrels of oil equivalent. NWS North West Shelf. mboed Thousand barrels of oil equivalent per day. OB&C Other businesses and corporate. mcfe Million cubic feet equivalent. OBO Operated by others. mmboe Millio
Slide 3: Glossary - abbreviations
Glossary - abbreviations T&R Tax and royalty T&S Trading and shipping. tbtu Trillion British thermal units. Tcf Trillion cubic feet. THSX2 Thunder Horse South Expansion Phase 2. UCC Ubadari, CCUS and Compression project. YE Year-end. YTD Year to date. 3
Slide 4: Glossary
Glossary Adjusting items Include gains and losses on the sale of businesses and fixed assets, Cash balance Implied Brent oil price 2021 real to balance bp’s sources and uses of cash impairments, environmental and other provisions, restructuring, integration point assuming an average bp refining mark
Slide 5: Glossary
Glossary Net income per Net income for bp in this measure is a non-IFRS measure and is underlying Net zero bp’s aim to reach net zero* CO2 emissions, in accordance with bp’s Aim 2, barrel replacement cost (RC) profit before interest. It is calculated as RC profit production from the carbon in our up
Slide 6: Glossary
Glossary Refining marker Average of regional indicator margins weighted for bp’s crude refining margin (RMM) capacity in each region. Each regional marker margin is based on product yields and a marker crude oil deemed appropriate for the region. The regional indicator margins may not be representat