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BHP Billiton production report for Petroleum
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Thursday, 22 Jul 2010
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YTD '10Jun QtrYTD ChangeYoYQoQ
Crude Oil, Condensate and LNG ('000 bbl)97,13625,67925%18%14%
Natural Gas (BCF)368.690.982%-6%3%
Total Petroleum Products (million BoE)158.640.8415%8%10%



Total Petroleum Production
Petroleum delivered its third consecutive annual production record following the successful delivery of a series of growth projects in the Gulf of Mexico and Australia. BHP Billiton operated Shenzi and Pyrenees performed at or above design capacity during the year. This strong performance was partially offset by natural field decline and the suspension of drilling activities in the Gulf of Mexico.

Drilling activities at Atlantis (USA) and Shenzi ceased during the June 2010 quarter. BHP Billiton continues to monitor and assess the impact of the six month suspension of certain permitting and drilling activities in the Gulf of Mexico.

Crude Oil, Condensate, and Natural Gas Liquids
High margin crude oil and condensate production was 27% higher than the year ended June 2009 and significantly higher than all comparative periods following the successful start up of Pyrenees and consistently strong performance at Shenzi. Strong reservoir performance from Atlantis North (USA) and a lack of weather related impacts also contributed to the annual increase in production.

Natural Gas
Production was in line with the year ended June 2009. Production at the North West Shelf benefited from a full year contribution from LNG Train 5. This was offset by planned maintenance at both the North West Shelf and UK assets.

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