BG Group plc
Company Information

BG Group plc Company Profile

The BG in BG Group stands for British Gas, but BG Group exploits not only gas assets but also oil, in 25 countries. In addition to conducting its core oil and gas exploration and production operations, the integrated energy company is engaged in liquefied natural gas (LNG) production, and gas transmission and distribution. In 2011 BG Group reported proved reserves of 12.8 trillion cu. ft. of natural gas, 1.1 trillion barrels of oil, and an annual production of 234 million barrels of oil equivalent. The group is one of the largest exploration and production companies in the North Sea, and has also moved into the lucrative US shale gas market through an alliance with EXCO Resources.