bpx energy - Permian Basin

High-margin barrels produced responsibly

bpx energy operates in the Permian and Eagle Ford basins in Texas, as well as the Haynesville Basin in Texas and Louisiana, focusing on safely producing high-margin barrels while lowering emissions. The business achieved its target of boosting output by 30-40% by 2025, from 2022 levels, one year ahead of schedule.

bpx is improving its drilling program, leveraging the latest technology and driving innovation wherever possible. The business uses proprietary automation software that reduces cycle times and drives further efficiencies in its operations.

A snapshot of bp’s US investment

>460,000 barrels of oil equivalent per day in 2025

>650,000 barrels of oil equivalent per day expected by 2030

~$2.5bn average annual capital expenditure from 2025 to 2030

Scaling smarter

bpx energy is advancing how it operates — pairing technology-enabled operating systems with an ownership-driven culture to drive performance and value.

At conferences this year, bpx leaders shared how this approach is strengthening operational reliability and capital efficiency across its core positions in the Permian, Eagle Ford and Haynesville.

At EnerCom Denver, CFO Greg Bensen shared how bpx is building systems to scale performance across its three-basin portfolio. Bensen outlined how centralized data, standardized design, and a culture of continuous learning are producing record-setting results.

At the 2026 NAPE Energy Business Conference, one of the onshore industry's largest upstream gatherings, CEO Kyle Koontz outlined how bpx is scaling smarter — approaching growth by combining empowered teams, clear expectations, and advanced technology to deliver more consistent, repeatable performance.

Highlights include:

  • Scaling automation and real-time digital visibility across all three basins

  • Leveraging centralized data, analytics, and closed-loop learning to reduce variability and improve consistency

  • Driving disciplined growth, capital efficiency, and long-term value

  • Building a culture where what one basin learns becomes the standard across all three

Watch the EnerCom presentationWatch the NAPE presentation

Download the NAPE presentation slides

Explore bpx energy operations across the US