Insight

BP's 2023 investor update

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BP held its investor day at bpx headquarters in Denver, Colorado on Tuesday 10 October. On Wednesday, the company took analysts and investors on a tour of its Permian operations in west Texas. We were fortunate to attend both events in person – this was BP’s first such event since Oman in 2018. This was not a strategy update – that came back in February. BP used this event to provide supplemental details around its confidence to deliver the plan to 2030 and beyond, focusing on upstream and biogas in particular, with new points of guidance in each.

Table of contents

    • Key targets reiterated
    • Permian field trip notes
    • BP Permian relative to peers
    • Permian’s role in BP’s broader strategy
    • Plan to 2030
    • Growth projects
    • Accelerating and expanding digital

Tables and charts

This report includes 7 images and tables including:

  • What differentiates bpx?
  • Driving emissions lower
  • Bpx energy capex and production cost trends
  • Bpx energy E-frac site
  • Delaware E&P well productivty (EUR and IP/ft)
  • Bpx energy wells and gathering facilities
  • 2024 Majors' Permian production

What's included

This report contains:

  • Document

    BP's 2023 investor update

    PDF 1.96 MB