3.0
Oct 12, 2010
Recommend
CEO approval
Business Outlook
Pros
BP has a top notch portfolio with one of the best records of reserves replacment. Training is excellent and consideration for flexibility in life issues is above average. The wild-cat wells are often genuinly wild-cats.
Cons
I think technical staff are somewhat under appreciated in that there's a strong push to reduce promotions so as not to outpace grades in downstream such as running a bunch of gas stations. It's also getting more difficult to accomplish task with increasing process to control the range of ways of doing things. This is good and bad. BP drills very few exploration wells per year (10 wildcats).