v3.25.2
Property, plant and equipment (Tables)
12 Months Ended
Dec. 31, 2023
Property, plant and equipment [abstract]  
Summary of PPE
Carrying amount of Integrated Gas and Upstream assets
$ billion
20162017201820192020202120222023
Integrated Gas9594919379757572
Upstream136128123119106918884
Total at December 31231222214212185166163156
4. Climate change and energy transition continued

Carrying amount of production assets
$ billion
20162017201820192020202120222023
At December 31169154149141125112111105
Right of use assets97666
Total at December 31169154149150132118117111
Carrying amount of exploration and evaluation assets
$ billion
2016201720182019202020212022
2023
At December 31191918159765
Carrying amount of Chemicals and Production assets
$ billion
20162017201820192020202120222023
Chemicals1516182225272825
Refineries101414137666
Other1871211111113
Total at December 312638394743444544
Carrying amount of Marketing assets
$ billion
2017201820192020202120222023
At December 3115152023252934
Carrying amount of Renewables and Energy Solutions assets
$ billion
20172018201920202021
2022
2023
At December 3111335910
2023 [A]
$ million
Exploration and production
Exploration
and evaluation
ProductionManufacturing,
supply and
distribution
OtherTotal
Cost
At January 111,565277,016106,78539,595434,961
Additions2,16110,7315,9107,02925,831
Sales, retirements and other movements [B](5,164)(1,153)(1,016)(1,387)(8,720)
Reclassifications [C]
(2,779)5272,252
Currency translation differences731,8558632072,998
At December 318,635285,670113,06947,696455,070
Depreciation, depletion and amortisation, including impairments
At January 15,162159,66256,90114,594236,319
Charge for the year [D]
73118,2028,2952,68729,915
Sales, retirements and other movements [B](2,609)(2,000)(2,083)(1,394)(8,086)
Reclassifications [C]
(2,217)632,154
Currency translation differences391,326650722,087
At December 313,323174,97363,82618,113260,235
Carrying amount at December 315,312110,69749,24329,583194,835
[A]Includes right-of-use assets under leases. (See Note 21).
[B]Includes the reclassification of assets classified as held for sale. (See Note 18).
[C]Reclassifications of right-of-use assets. (See Note 21).
[D]Includes impairment losses and reversals. (See Note 12).
2022 [A]
$ million
Exploration and production
Exploration
and evaluation
ProductionManufacturing,
supply and
distribution
OtherTotal
Cost
At January 112,679285,903104,18234,005436,769
Additions1,56411,9546,9287,80828,254
Sales, retirements and other movements [B](2,469)(14,541)(2,548)(242)(19,800)
Currency translation differences(209)(6,300)(1,777)(1,976)(10,262)
At December 3111,565277,016106,78539,595434,961
Depreciation, depletion and amortisation, including impairments
At January 15,580167,53055,13113,596241,837
Charge for the year [C]3979,7095,1492,05517,310
Sales, retirements and other movements [B](765)(13,207)(2,054)(396)(16,422)
Currency translation differences(50)(4,370)(1,325)(661)(6,406)
At December 315,162159,66256,90114,594236,319
Carrying amount at December 316,403117,35449,88425,001198,642
[A]Includes right-of-use assets under leases. (See Note 21).
[B]Includes the reclassification of assets classified as held for sale. (See Note 18).
[C]Includes impairment losses and reversals. (See Note 12).
Summary of capitalised exploration drilling costs
$ million
202320222021
At January 12,9113,0153,654
Additions pending determination of proved reserves1,9671,2981,024
Amounts charged to expense(868)(881)(639)
Reclassifications to productive wells on determination of proved reserves(874)(531)(577)
Other movements10(447)
At December 313,1362,9113,015
ProjectsWells
Number$ millionNumber$ million
Between 1 and 5 years1372114353
Between 6 and 10 years670422708
Between 11 and 15 years26920390
Between 16 and 20 years21248167
Total231,618641,618