Table of Contents Table of Contents 2 List of Tables 4 List of Figures 5 Company Snapshot 7 Key Information 7 Company Overview 7 BP p.l.c., Valuation and Financial Data 8 BP p.l.c., Share Price Performance 8 Share Price Performance, Q2, 2015-Q2, 2016 8 BP p.l.c., Key Valuation Metrics 9 Key Valuation Metrics, Q2, 2015-Q2, 2016 9 BP p.l.c., Quarterly Results of Oil & Gas Operations Per boe Produced 10 Results of Oil & Gas Operations Per boe Produced, Q2, 2015-Q2, 2016 10 Results of Oil & Gas Operations Per boe Growth Rates, Q2, 2015-Q2, 2016 11 BP p.l.c., Quarterly E&P Costs Trends 12 Upstream Capital Expenditure, Q2, 2015-Q2, 2016 12 BP p.l.c., Quarterly Production Trends 13 BP p.l.c., Total Oil and Gas Production 13 Total Crude Oil and Natural Gas Production Trend, Q2, 2015-Q2, 2016 13 Total Crude Oil & Natural Gas Production, By Country/Region, Q2, 2015-Q2, 2016 14 BP p.l.c., Crude Oil Production 15 Total Crude Oil Production Trend, Q2, 2015-Q2, 2016 15 Crude Oil Production, By Country/Region, Q2, 2015-Q2, 2016 16 BP p.l.c., Natural Gas Production 17 Total Natural Gas Production Trend, Q2, 2015-Q2, 2016 17 Natural Gas Production, By Country/Region, Q2, 2015-Q2, 2016 18 BP p.l.c., Valuation and Financial Data, 2011-2015 19 BP p.l.c., Share Price Performance, 2011-2015 19 Share Price Performance, 2011-2015 19 Key Valuation Metrics, 2011-2015 20 BP p.l.c., Production and Reserves Trends 21 Total Oil and Gas, Reserves and Production 21 Total Crude Oil and Natural Gas Production and Reserves Trend, 2011-2015 21 Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2011-2015 23 Total Crude Oil and Natural Gas Reserve Changes, 2011-2015 25 Crude Oil/Liquids Production and Reserve 26 Crude Oil/Liquids Production and Reserve Trend, 2011-2015 26 Crude Oil Production and Reserves By Country/Region, 2011-2015 27 Crude Oil/Liquids Reserve Changes, 2011-2015 29 Natural Gas Production and Reserve 30 Natural Gas Production and Reserve Trend, 2011-2015 30 Natural Gas Production and Reserves, By Country/Region, 2011-2015 31 Natural Gas Reserve Changes, 2011-2015 33 Total Crude Oil and Natural Gas Reserves Life Index 34 Total Crude Oil and Natural Gas Reserves Life Index, 2011-2015 34 Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2011-2015 35 BP p.l.c., E&P Costs Trends 38 Allocation of the Upstream Capital Expenditure 38 Upstream Capital Expenditure, 2011-2015 38 Acquisition Costs By Country/Region, 2011-2015 39 Exploration and Development Costs, By Country/Region, 2011-2015 41 Oil and Gas Cost Per boe, US$/boe 43 Oil and Gas Cost Per boe, US$/boe, 2011-2015 43 Oil and Gas Cost Per boe, US$/boe, By Country/Region, 2011-2015 45 BP p.l.c., Reserve Replacement Ratio 48 Oil and Gas Production Replacement Ratio 48 Oil and Gas Production Replacement Ratio, 2011-2015 48 Oil and Gas Production Replacement Ratio, By Country/Region, 2011-2015 50 BP p.l.c., Results of Oil & Gas Operations Trend 55 Oil and Gas Revenue and Expenses 55 Oil and Gas Revenue and Expenses, 2011-2015 55 Oil and Gas Revenue and Expenses, By Country/Region, 2011-2015 56 Oil and Gas Revenue and Expenses, Per boe 62 Oil and Gas Revenue and Expenses, By boe, 2011-2015 62 Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2011-2015 63 Oil and Gas Performance Metrics 69 BP p.l.c., Land Holdings and Well Data 70 Developed and Undeveloped Acreage 70 Gross and Net Developed and Undeveloped Acreage, 2011-2015 70 Gross and Net Developed and Undeveloped Acreage, By Country/Region, 2011-2015 71 Well Statistics 74 Producible Oil and Gas Well, 2011-2015 74 Producible Oil and Gas Well, By Country/Region, 2011-2015 75 Exploration and Development Wells Drilled, 2011-2015 81 Recent Developments 82 BP p.l.c. - Recent Developments 82 Oct 04, 2016: BP And Area 4 Partners Sign LNG Sale And Purchase Agreement For Offshore Mozambique 82 Oct 02, 2016: BP Takes Clair Platform Offline After Oil Spill 82 Sep 30, 2016: TAP Marks Start Of Construction In Albania 82 Sep 29, 2016: Angola LNG Plant Back In Operation 83 Sep 29, 2016: Keppel FELS Delivers Fifth Accommodation Unit To Floatel Safely And On Time 84 Sep 27, 2016: BP Signs Three Concession Amendments And Reaches Record Production For The Nooros Field In Egypt With Partners 84 Sep 27, 2016: Eni Seeks Loan For Offshore Gas Field Development Project In Mozambique 85 Sep 23, 2016: Teekay Offshore Partners Awarded New North Sea Shuttle Tanker Contracts 85 Sep 22, 2016: SOCAR President Inspects Shah Deniz-2 Project Development 86 Appendix 87 Methodology 87 Coverage 87 Secondary Research 87 Primary Research 87 Data Information Sources 88 Company Source 88 SEC/Other Regulatory Filings 88 Other Sources 88 Expert Panel Validation 88 Data Definition 88 Oil and Gas Reserves 88 Units of Measure 89 About GlobalData 89 Disclosure 89 Disclaimer 89

List of Tables Table 1: BP p.l.c., Key Facts 7 Table 2: BP p.l.c., Share Price Performance, Q2, 2015-Q2, 2016 8 Table 3: BP p.l.c., Key Valuation Metrics, Q2, 2015-Q2, 2016 9 Table 4: BP p.l.c., Results of Oil & Gas Operations Per boe Produced, US$/boe, Q2, 2015-Q2, 2016 10 Table 5: BP p.l.c., Results of Oil & Gas Operations Per boe Growth Rates, %, Q2, 2015-Q2, 2016 11 Table 6: BP p.l.c., Upstream Capital Expenditure, Q2, 2015-Q2, 2016 12 Table 7: BP p.l.c., Total Crude Oil and Natural Gas, Production, Q2, 2015-Q2, 2016 13 Table 8: BP p.l.c., Total Oil & Gas Production, By Country/Region, mmboe, Q2, 2015-Q2, 2016 14 Table 9: BP p.l.c., Total Crude Oil Production, mmbbl, Q2, 2015-Q2, 2016 15 Table 10: BP p.l.c., Crude Oil Production, By Country/Region, mmbbl, Q2, 2015-Q2, 2016 16 Table 11: BP p.l.c., Total Natural Gas Production, bcf, Q2, 2015-Q2, 2016 17 Table 12: BP p.l.c., Natural Gas Production, By Country/Region, bcf, Q2, 2015-Q2, 2016 18 Table 13: BP p.l.c., Share Price Performance, 2011-2015 19 Table 14: BP p.l.c., Key Valuation Metrics, 2011-2015 20 Table 15: BP p.l.c., Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 22 Table 16: BP p.l.c., Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2011-2015 24 Table 17: BP p.l.c., Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2011-2015 25 Table 18: BP p.l.c., Crude Oil Production and Reserves Metrics, mmbbl, 2011-2015 26 Table 19: BP p.l.c., Crude Oil Production and Reserves, By Country/Region, mmbbl, 2011-2015 28 Table 20: BP p.l.c., Crude Oil Reserve Changes, mmbbl, 2011-2015 29 Table 21: BP p.l.c., Natural Gas Production and Reserves Metrics, bcf, 2011-2015 30 Table 22: BP p.l.c., Natural Gas Production and Reserves, By Country/Region, bcf, 2011-2015 32 Table 23: BP p.l.c., Natural Gas Reserve Changes, bcf, 2011-2015 33 Table 24: BP p.l.c., Oil and Gas Reserves Life Index, Years, 2011-2015 34 Table 25: BP p.l.c., Oil and Gas Reserves Life Index, By Country/Region, Years, 2011-2015 37 Table 26: BP p.l.c., Upstream Capital Expenditure, US$ mil, 2011-2015 38 Table 27: BP p.l.c., Proved and Unproved Acquisition Costs, By Country/Region, US$ mil, 2011-2015 40 Table 28: BP p.l.c., Exploration and Development Costs, By Country/Region, US$ mil, 2011-2015 42 Table 29: BP p.l.c., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2011-2015 44 Table 30: BP p.l.c., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, By Country/Region, 2011-2015 47 Table 31: BP p.l.c., Oil and Gas Production Replacement Ratio, %, 2011-2015 49 Table 32: BP p.l.c., 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2011-2015 53 Table 33: BP p.l.c., Revenue and Expenses, US$ mil, 2011-2015 55 Table 34: BP p.l.c., Revenue and Expenses, By Country/Region, US$ mil, 2011-2015 60 Table 35: BP p.l.c., Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 62 Table 36: BP p.l.c., Oil and Gas Revenue and Expenses, US$/boe, By Country/Region, 2011-2015 67 Table 37: BP p.l.c., Oil and Gas Performance Metrics, 2011-2015 69 Table 38: BP p.l.c., Land Holdings (Developed and Undeveloped Acreage), Acres, 2011-2015 70 Table 39: BP p.l.c., Land Holdings (Developed and Undeveloped Acreage), By Country/Region, Acres, 2011-2015 73 Table 40: BP p.l.c., Producible Oil and Gas Wells, 2011-2015 74 Table 41: BP p.l.c., Producible Oil and Gas Wells, By Country/Region, 2011-2015 79 Table 42: BP p.l.c., Exploratory and Developed Wells, 2011-2015 81 List of Figures Figure 1: BP p.l.c., Share Price Performance, USD/Share, Q2, 2015-Q2, 2016 8 Figure 2: BP p.l.c., Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve ($/boe), Q2, 2015-Q2, 2016 9 Figure 3: BP p.l.c., Results of Oil & Gas Operations Per boe Produced, US$/boe, Q2, 2015-Q2, 2016 10 Figure 4: BP p.l.c., Upstream Capital Expenditure, US$ mil, Q2, 2015-Q2, 2016 12 Figure 5: BP p.l.c., Total Crude Oil and Natural Gas, Production, mmboe, Q2, 2015-Q2, 2016 13 Figure 6: BP p.l.c., Total Oil & Gas Production, By Country/Region, mmboe, Q2, 2015-Q2, 2016 14 Figure 7: BP p.l.c., Total Crude Oil Production, mmbbl, Q2, 2015-Q2, 2016 15 Figure 8: BP p.l.c., Crude Oil Production, By Country/Region, mmbbl, Q2, 2015-Q2, 2016 16 Figure 9: BP p.l.c., Total Natural Gas Production, bcf, Q2, 2015-Q2, 2016 17 Figure 10: BP p.l.c., Natural Gas Production, By Country/Region, bcf, Q2, 2015-Q2, 2016 18 Figure 11: BP p.l.c., Share Price Performance, USD/Share, 2011-2015 19 Figure 12: BP p.l.c., Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve (US$/boe), 2011-2015 20 Figure 13: BP p.l.c., Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 21 Figure 14: BP p.l.c., Total Oil & Gas Reserves, End of Period, By Country/Region, mmboe, 2011-2015 23 Figure 15: BP p.l.c., Total Oil & Gas Production, By Country/Region, mmboe, 2011-2015 23 Figure 16: BP p.l.c., Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2015 25 Figure 17: BP p.l.c., Crude Oil Production and Reserves Metrics, mmbbl, 2011-2015 26 Figure 18: BP p.l.c., Oil Reserves, End of Period, By Country/Region, mmbbl, 2011-2015 27 Figure 19: BP p.l.c., Oil Production, By Country/Region, mmbbl, 2011-2015 27 Figure 20: BP p.l.c., Crude Oil Reserve Changes, mmbbl, 2015 29 Figure 21: BP p.l.c., Natural Gas Production and Reserves Metrics, bcf, 2011-2015 30 Figure 22: BP p.l.c., Gas Reserves, End of Period, By Country/Region, bcf, 2011-2015 31 Figure 23: BP p.l.c., Gas Production, By Country/Region, bcf, 2011-2015 31 Figure 24: BP p.l.c., Natural Gas Reserve Changes, bcf, 2015 33 Figure 25: BP p.l.c., Oil and Gas Reserves Life Index, Years, 2011-2015 34 Figure 26: BP p.l.c., Gas Reserve Life Index, By Country/Region, Years, 2011-2015 35 Figure 27: BP p.l.c., Oil & Gas Reserve Life Index, By Country/Region, Years, 2011-2015 35 Figure 28: BP p.l.c., Oil Reserve Life Index, By Country/Region, Years, 2011-2015 36 Figure 29: BP p.l.c., Upstream Capital Expenditure, US$ mil, 2011-2015 38 Figure 30: BP p.l.c., Proved Acquisition Costs, By Country/Region, US$ mil, 2011-2015 39 Figure 31: BP p.l.c., Unproved Acquisition Costs, By Country/Region, US$ mil, 2011-2015 39 Figure 32: BP p.l.c., Development Costs, By Country/Region, US$ mil, 2011-2015 41 Figure 33: BP p.l.c., Exploration Costs, By Country/Region, US$ mil, 2011-2015 41 Figure 34: BP p.l.c., 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2011-2015 43 Figure 35: BP p.l.c., Oil & Gas Finding & Development Cost/boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 45 Figure 36: BP p.l.c., Oil & Gas Finding Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 45 Figure 37: BP p.l.c., Reserve Replacement Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 46 Figure 38: BP p.l.c., 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2011-2015 48 Figure 39: BP p.l.c., 3-Year Wt. Avg. Gas F&D Production Replacement, By Country/Region, %, 2011-2015 50 Figure 40: BP p.l.c., 3-Year Wt. Avg. Gas RRC Production Replacement, By Country/Region, %, 2011-2015 50 Figure 41: BP p.l.c., 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2011-2015 51 Figure 42: BP p.l.c., 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2011-2015 51 Figure 43: BP p.l.c., 3-Year Wt. Avg. Oil F&D Production Replacement, By Country/Region, %, 2011-2015 52 Figure 44: BP p.l.c., 3-Year Wt. Avg. Oil RRC Production Replacement, By Country/Region, %, 2011-2015 52 Figure 45: BP p.l.c., Revenue and Expenses, US$ mil, 2011-2015 55 Figure 46: BP p.l.c., Depreciation, Depletion and Amortization From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 56 Figure 47: BP p.l.c., Exploration Expenses, By Country/Region, US$ mil, 2011-2015 56 Figure 48: BP p.l.c., Income Tax Provision (Benefit) From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 57 Figure 49: BP p.l.c., Net Income/ Loss From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 57 Figure 50: BP p.l.c., Oil & Gas Revenue, By Country/Region, US$ mil, 2011-2015 58 Figure 51: BP p.l.c., Profit (loss) Before Taxation From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 58 Figure 52: BP p.l.c., Production Costs, By Country/Region, US$ mil, 2011-2015 59 Figure 53: BP p.l.c., Total Expenses From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 59 Figure 54: BP p.l.c., Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 62 Figure 55: BP p.l.c., Exploration Expenses per boe, By Country/Region, US$/boe, 2011-2015 63 Figure 56: BP p.l.c., Income Tax/(Benefit) per boe, By Country/Region, US$/boe, 2011-2015 63 Figure 57: BP p.l.c., Lifting Cost per boe, By Country/Region, US$/boe, 2011-2015 64 Figure 58: BP p.l.c., Annual Net Income per boe, By Country/Region, US$/boe, 2011-2015 64 Figure 59: BP p.l.c., Oil & Gas Revenue per boe, By Country/Region, US$/boe, 2011-2015 65 Figure 60: BP p.l.c., Total DD&A per boe, By Country/Region, US$/boe, 2011-2015 65 Figure 61: BP p.l.c., Total Revenue per boe, By Country/Region, US$/boe, 2011-2015 66 Figure 62: BP p.l.c., Oil and Gas Performance Metrics, 2011-2015 69 Figure 63: BP p.l.c., Land Holdings (Developed and Undeveloped Acreage), Acres, 2011-2015 70 Figure 64: BP p.l.c., Total Gross Undeveloped Acreage, By Country/Region, Acres, 2011-2015 71 Figure 65: BP p.l.c., Total Net Undeveloped Acreage, By Country/Region, Acres, 2011-2015 71 Figure 66: BP p.l.c., Total Gross Developed Acreage, By Country/Region, Acres, 2011-2015 72 Figure 67: BP p.l.c., Total Net Developed Acreage, By Country/Region, Acres, 2011-2015 72 Figure 68: BP p.l.c., Producible Oil and Gas Wells, 2011-2015 74 Figure 69: BP p.l.c., Gross Productive Gas Wells, By Country/Region, Number, 2011-2015 75 Figure 70: BP p.l.c., Gross Productive Oil & Gas Wells, By Country/Region, Number, 2011-2015 75 Figure 71: BP p.l.c., Gross Productive Oil Wells, By Country/Region, Number, 2011-2015 76 Figure 72: BP p.l.c., Net/Gross Oil & Gas Ratio, By Country/Region, %, 2011-2015 76 Figure 73: BP p.l.c., Net Productive Gas Wells, By Country/Region, Number, 2011-2015 77 Figure 74: BP p.l.c., Net Productive Oil & Gas Wells, By Country/Region, Number, 2011-2015 77 Figure 75: BP p.l.c., Net Productive Oil Wells, By Country/Region, Number, 2011-2015 78 Figure 76: BP p.l.c., Exploratory and Developed Wells, 2011-2015 81