The result hit BP's shares, which fell as much as 1.8 percent in early trade. At 0840 GMT, the stock was down 0.6 percent at 565 pence, broadly in line with the DJ Stoxx European oil and gas sector index.
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BP Has Production and Sales Losses
BP expects its oil and gas production to have fallen 0.6 percent
BP Plc expects its oil and gas production to have fallen 0.6 percent in the third quarter as losses at its Alaska operations and sales of oil fields outweighed gains from new start-ups and a benign hurricane season.
The company said it expected third quarter production to fall to 3.8 million bpd.
This compares with 3.824 million boepd a year earlier and analysts' forecasts for a small rise after BP lost no production to hurricanes in the quarter. It compares with a loss of 145,000 boepd in the same period of 2005.
The result hit BP's shares, which fell as much as 1.8 percent in early trade. At 0840 GMT, the stock was down 0.6 percent at 565 pence, broadly in line with the DJ Stoxx European oil and gas sector index.
The result hit BP's shares, which fell as much as 1.8 percent in early trade. At 0840 GMT, the stock was down 0.6 percent at 565 pence, broadly in line with the DJ Stoxx European oil and gas sector index.
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