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BP (BUE:BP) Exploration Expense (USD Mil) : 0.00 (As of . 20)


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What is BP Exploration Expense (USD Mil)?

Exploration Expense (USD Mil) are the costs a company incurs while searching for oil or gas to drill.

The historical rank and industry rank for BP's Exploration Expense (USD Mil) or its related term are showing as below:

BUE:BP's Exploration Expense (USD Mil) is not ranked *
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Exploration Expense (USD Mil) only.

BP Exploration Expense (USD Mil) Historical Data

The historical data trend for BP's Exploration Expense (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BP Exploration Expense (USD Mil) Chart



BP  (BUE:BP) Exploration Expense (USD Mil) Explanation

Exploration Expense (USD Mil) are the costs a company incurs while searching for oil or gas to drill. It includes costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects of containing oil and gas reserves, including costs of drilling exploratory wells and exploratory-type stratigraphic test wells.

Exploration expenses (including prospecting) related to oil and gas producing entities would be included in the operating expenses of the company that entity.


BP Exploration Expense (USD Mil) Related Terms

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BP (BUE:BP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » BP PLC (BUE:BP) » Definitions » Exploration Expense (USD Mil)
Address
1 St James's Square, London, GBR, SW1Y 4PD
BP is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 1.1 million barrels of liquids and 6.9 billion cubic feet of natural gas per day. At the end of 2022, reserves stood at 7.2 billion barrels of oil equivalent, 56% of which are liquids. The company operates refineries with a capacity of 1.6 million barrels of oil per day. BP also holds a 20% ownership interest in Rosneft, which it plans to exit.