BP's US Lower 48 Onshore Headquarters Moving to Denver

BP plc will be moving its U.S. Lower 48 onshore business headquarters from Houston to Denver, which the company believes will be an important energy hub of the future.  

“In some ways, this is a homecoming for us,” David Lawler, CEO of BP Lower 48, said in a release.

Lawler noted that two-thirds of BP’s operated oil and natural gas production and proved reserves in the Rockies, as well as close proximity to top universities and industry expertise, makes Denver a “logical and strategic” place to be and a “natural fit” for the business.

The relocation will see a number of employees at the Houston office transferred to Denver, while some will remain in Houston to manage BP’s operating assets in Texas.

“This is not a reorganization and it’s not about headcount reductions,” spokesperson Brett Clanton said in an email to Rigzone.

He added that Houston remains very important to the business and that will not change.

BP’s US Lower 48 onshore business has about 450 employees in Houston and BP has nearly 5,000 employees in the Houston area.

The Denver headquarters is expected to open in 1Q 2018 with at least 200 employees, including the CEO and executive leaders. More staff will be added later, though there are no estimates at this time of how many employees will be added.

Valerie is an experienced writer and editor dedicated to providing useful and relevant career news about the oil and gas industry. Email Valerie at valerie.jones@rigzone.com


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Our Privacy Pledge

More from this Author
Valerie Jones
Senior Editor | Rigzone
 -  Report: 2Q Sees Lowest Number of M&A D... (Jul 24)
 -  BLOG: Rigzone Survey Examines Departed... (Jul 20)
 -  BLOG: New Study Pegs Women as 'Untappe... (Jul 13)
 -  Ophir Energy Cuts Cost; Eliminates Sta... (Jul 12)
 -  Freeport-McMoRan Cuts Another 25 Jobs (Jul 10)

Most Popular Articles

From the Career Center
Jobs that may interest you
United States Houston: Principal Administrative Specialist
Expertise: Secretarial or Administrative
Location: Houston, TX
United States Williston: Performance Development Coordinator
Expertise: Operations Management
Location: Williston, ND
Project Manager II
Expertise: Estimating|Project Controls|Project Management
Location: Hayward, CA
search for more jobs

Brent Crude Oil : $50.97/BBL 1.53%
Light Crude Oil : $48.75/BBL 1.79%
Natural Gas : $2.92/MMBtu 0.68%
Updated in last 24 hours