Petroleum

Petroleum, a global leader in oil and gas exploration, production, development and marketing.

About Petroleum

BHP Billiton Petroleum has exploration, development, production and marketing activities in more than a dozen countries around the globe, with a significant position in the deep water Gulf of Mexico, Onshore US and Australia. Petroleum also operates assets in the United States, Australia, United Kingdom, Trinidad and Tobago and Pakistan.

Our oil and gas strategy is to focus on material opportunities, at high working interest with a bias for operatorship. We also hold interests in exploration blocks where we explore for significant upstream opportunities in proven basins and promising prospects around the world using the latest seismic and geophysical technology to locate new resources.

Leadership

Tim Cutt, President, Petroleum

Mr Cutt was appointed President, Petroleum in July 2013. He joined BHP Billiton in 2007 as the President of the Production Division in the Petroleum business. Mr Cutt was appointed to the position of President, Diamonds and Specialty Products in 2011 - a role that included responsibility for Potash. Tim has over 30 years’ experience in the resources industry. Before joining BHP Billiton, Tim held positions in engineering, operations and senior management with the Mobil Oil Corporation and then ExxonMobil, where he was President Hibernia Management and Development Company in Canada and President of Exxon Mobil de Venezuela.

Assets

BHP Billiton Petroleum is comprised of a base of large-scale, long-field-life, low-unit-cost production operations.  We pursue significant upstream opportunities with multiple options for growth to ensure continued success. 

In addition to operating major offshore producing assets worldwide, Petroleum is a major North American Shale producer with operations in the Eagle Ford and Permian in Texas, the Fayetteville Shale in Arkansas and the Haynesville Shale in Louisiana.

BHP Billiton operates pipeline systems in the Eagle Ford and Fayetteville Shale regions which are available to gather and/or transport third party product. For more information about these pipeline systems and contact information for inquiries regarding available capacity, click here.

  • Bass Strait, Australia – oil and gas (50 per cent working interest).Fact sheet (PDF 326 kb)
  • North West Shelf (NWS), Australia – oil, domestic gas, LPG, condensate and LNG (16.67 per cent working interest and 8.33 per cent working
    interest).Fact Sheet (PDF 284 kb)
  • Minerva, Australia – gas and condensate (90 per cent working interest and operator).Fact Sheet (PDF 233 kb)
  • Pyrenees, Australia – oil (71.43 per cent working interest and 40 per cent working interest and operator).Fact Sheet (PDF 393 kb)
  • Stybarrow, Australia – oil and gas (50 per cent working interest and operator).Fact Sheet (PDF 172 kb)
  • Macedon, Australia – gas and condensate (71.43 per cent working interest and operator)Fact Sheet (PDF 252 kb)
  • Neptune (Green Canyon 613), Gulf of Mexico, US – oil and gas (35 per cent working interest and operator).
  • Fayetteville Shale, Arkansas, US – shale gas (100 per cent interest).
  • Haynesville/Bossier Shale, Louisiana, US – shale gas (variable interest; average operated interest is 65 per cent).
  • Eagle Ford Shale, Texas, US – shale gas and liquids (50 - 100 per cent interest).
  • Permian Shale, Texas, US – shale oil (85 - 100 per cent interest).
  • Shenzi (Green Canyon 653), Gulf of Mexico, US – oil and gas (44 per cent working interest and operator).
  • Atlantis (Green Canyon 743), Gulf of Mexico, US – oil and gas (44 per cent working interest).
  • Mad Dog (Green Canyon 782), Gulf of Mexico, US – oil and gas (23.9 per cent working interest).
  • Bruce/Keith, UK – oil and gas (16 per cent working interest and operator and 31.83 per cent working interest).
  • Rod Integrated Development, Algeria – oil (45 per cent working interest and 38 per cent working interest).
  • Greater Angostura, Trinidad and Tobago – oil and gas (45 per cent working interest and operator).
  • Zamzama, Pakistan – gas and condensate (38.5 per cent working interest and operator).