Texas

Operating in Texas’s Permian, Eagle Ford, and Haynesville basins, our onshore oil and gas business – bpx energy – plans to grow production by 30-40% by 2025, compared to 2022 levels, one year ahead of schedule.

bp’s Gulf of Mexico business, based in Houston, operates five production platforms: Atlantis, Na Kika, Thunder Horse, Mad Dog and Argos. In 2024, we gave the go-ahead for a sixth hub, Kaskida, which we expect to start up in 2029. We’re building capacity to produce above 400,000 barrels of oil equivalent per day.

bp’s marketing and trading business, which has a major hub in Houston, buys and sells 16.9 billion cubic feet of natural gas each day – making it one of the largest marketers of natural gas in North America.

 

bp’s Archaea Energy – the largest renewable natural gas (RNG) producer in the US – is headquartered in Houston. Archaea, independently and through its joint ventures, operates around 50 sites, with a presence in 32 states.

 

In 2024, we entered the final stages of construction for our 187 megawatt (DC) Peacock Solar Project near Corpus Christi. Peacock generated more than 300 jobs during peak construction and is projected to provide more than $25 million in tax revenue over the first 25 years of the project’s life. 

 

In April  2024, the first bp pulse Gigahub in the US opened at our Houston headquarters, offering 24 high-speed electric vehicle (EV) charging bays. bp pulse was also selected to design and deploy EV charging operations for Harris County’s EV fleet.