Home About Our businesses Petroleum Our Petroleum business comprises conventional oil and gas operations, and includes exploration, development and production activities. BHP has owned oil and gas assets since the 1960s. We have high-margin conventional assets located in the US Gulf of Mexico, Australia, Trinidad and Tobago, and Algeria, as well as appraisal and exploration options in Mexico, Deepwater Trinidad and Tobago, Western Gulf of Mexico, Eastern Canada and Barbados. We've recently announced our intent to create a global top 10 independent energy company through an agreement to pursue a merger of BHP’s Petroleum business with Woodside. Scarborough, Australia BHP holds a 26.5 per cent non-operating interest across the WA-1-L (Scarborough) and WA-62-L (North Scarborough) production licences offshore Western Australia, alongside Woodside (Operator). Bass Strait, Australia Australia’s Bass Strait operation is a 50-50 joint venture with Esso Australia. The operations are located between 25km and 80km off the south-east coast of Australia. North West Shelf, Australia We are a joint venture participant in the North West Shelf Project, located approximately 125km northwest of Dampier in Western Australia. Pyrenees, Australia We operate six oil fields in Pyrenees which are located approximately 23km offshore, northwest of Northwest Cape, Western Australia. Macedon, Australia We are the operator of Macedon (71.43% interest), an offshore gas field located approximately 75km west of Onslow, Western Australia and an onshore gas processing facility. Gulf of Mexico Joint Production Unit, US We hold non-operating interests in two other fields - Atlantis (44 per cent interest) and Mad Dog (23.9 per cent interest). Trinidad and Tobago We operate the Greater Angostura field (45% interest in the production sharing contract), an integrated oil and gas development located offshore 40km east of Trinidad. Algeria We comprise an effective 29.5% interest in the ROD Integrated Development, which consists of six satellite oil fields that pump oil back to a dedicated processing train. Gulf of Mexico, United States We operate in the deepwater Gulf of Mexico – Shenzi (72 per cent interest), located offshore from Louisiana. Atlantic Canada In Eastern Canada, BHP’s current offshore interests include two existing Exploration Licences (ELs) in the Orphan Basin Area (EL 1157 and EL 1158) that were issued by the Canada-Newfoundland and Labrador Offshore Petroleum Board effective January 15, 2019. Our conventional petroleum business includes exploration, appraisal, development and production activities. We produce crude oil and condensate, gas and natural gas liquids (NGLs) that are sold on the international spot market or delivered domestically under contracts with varying terms, depending on the location of the asset. Leadership Geraldine Slattery President Petroleum Find out more © BHP 2021 About What we do Investors Sustainability Careers News Suppliers Contact us Keep in touch Follow BHP to stay up to date https://www.facebook.com/BHP https://www.linkedin.com/company/bhp/ https://www.twitter.com/BHP https://www.youtube.com/BHP Privacy Policy Modern Slavery Act Statement Terms of use Some cookies are strictly necessary for the operation of our website. We also use cookies to monitor your use of our website, compile aggregate data and provide you with a good experience when you browse our website. You can choose to accept or reject cookies, or manage your specific cookie options. For more detailed information on what cookies are and how they work, please read our Cookies Policy. Manage cookies Decline All Accept Cookie Preferences