BP (BP) Net Undeveloped Acreage # : 0.00 (As of Dec. 2023)

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What is BP Net Undeveloped Acreage #?

Net Undeveloped Acreage # means acres which are leased by the company but which are not yet able to produce economic quantities of oil or gas.

BP's Net Undeveloped Acreage # for the annual that ended in Dec. 2023 was 31,991,000.00 , which is lower than 33,518,000.00 for the pervious year ended in Dec. 2022.

The historical rank and industry rank for BP's Net Undeveloped Acreage # or its related term are showing as below:

BP's Net Undeveloped Acreage # is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Net Undeveloped Acreage # only.

BP Net Undeveloped Acreage # Historical Data

The historical data trend for BP's Net Undeveloped Acreage # 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.

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BP Net Undeveloped Acreage # Chart

BP Annual Data

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Dec23

Net Undeveloped Acreage #

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Net Productive Oil Wells

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Net Developed Acreage #

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Gross Developed Acreage #

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Gross Undeveloped Acreage #

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Net Productive Gas Wells

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Number of Refineries #

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BPQuarterly Data

Trend

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Net Undeveloped Acreage #

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Competitive Comparison of BP's Net Undeveloped Acreage #

For the Oil & Gas Integrated subindustry, BP's Net Undeveloped Acreage #, along with its competitors' market caps and Net Undeveloped Acreage # data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

BP (NYSE:BP) Net Undeveloped Acreage # Explanation

Net Undeveloped Acreage # means those leased acres on which wells have not yet been drilled or completed to a point that would permit the production of economic quantities of oil or gas, regardless of whether or not such acreage contains proved reserves. If a piece of land leased by the company is not developed, that automatically means it is part of the net undeveloped acreage.

BP Net Undeveloped Acreage # Related Terms

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BP (BP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » BP PLC (NYSE:BP) » Definitions » Net Undeveloped Acreage #

Comparable Companies

Traded in Other Exchanges

BPAQF:USA BP N:Mexico BPl:UK BP.B.PFD:UK BP.A.PFD:UK BP.:UK BPE5:Germany BSU:Germany BPE5:Germany BPE:Germany BPE5:Germany BPE:Germany BSU:Germany BPE5:Germany BPE:Germany B1PP34:Brazil BP:Argentina

Address

1 St James's Square, London, GBR, SW1Y 4PD

Website

https://www.bp.com

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.

Executives

Karen Richardson

Non-Executive Director