BP Produces First Gas at Trinidad & Tobago Site

March 17, 2006

BP (www.bp.com) produced its first gas at its $250 million facility in Trinidad and Tobago. The site is expected to be brought up to full production rates over the

BP (www.bp.com) produced its first gas at its $250 million facility in Trinidad and Tobago. The site is expected to be brought up to full production rates over the next few weeks, reaching gas output of about 800 mmscf/d (140 mboed), about 25 percent of the company”s overall production.

The Cannonball wells, located 35 kilometres off the coast of Galeota Point, Mayaro in water depths of 231 feet, as the systems at the Trindad and Tobago facility are called, will be high rate gas producers and will be among the most productive wells in BP”s worldwide portfolio.

Robert Riley, Chief Executive Officer of BP Trinidad and Tobago (bpTT) said of Cannonball in a prepared statement: "This is a project of many firsts, for BP bpTT. Cannonball has built a legacy of sustainability through the creation of distinct indigenous businesses in two sectors in Trinidad and Tobago — platform design & engineering and fabrication. It also demonstrates our capacity to deliver a major project from start to finish here in Trinidad and Tobago."

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