alix: would you be selling any assets you're getting from php? -- bhp?> we are going to comment on assets. we need to get into the permian to see what we can find. synergy, you've lots ies.ynerg you do not have a lot in the permian. how quickly can you understand that basin? >> we have come out today and 350 clear that there are million dollars worth of annual synergies we can drive through this weird -- through this. we think there is more to do there. also be able to optimize our workforce as we think about activity. these assets will give us access to supply and trading operation, logistics, and they come with a significant midstream position. there is optimization. it is a conservative number. in talking to a bhp about assets, they want to move to more of a manufacturing kind of assets. do you feel that bp can bring that to the permian? >> that is exactly what we have. ago, weook five years were disadvantaged in terms of performance, operating costs. externallyin a team led by david. they're excited about this transaction and there's no question ther

you have seen it has gone down on the bp side but up on the php side.- bhp >> we know the value is significantlyt, just from the asset we farmed into back in 2014. we were able to double the flow rates with the team we brought into our own business for five years ago. dave lawlor from sandridge. there are major of sites. ♪ emma: -- >> take a look at the map of the bloomberg european 500 index dividing winners and losers by industrial groups. you see financials are doing quite well this morning. this sliver of bright red in i.t. emma: there are about 30,000 functions on the bloomberg. we always enjoy showing you are favorites on bloomberg television. maybe he'll become your favorites. here is another function you will find useful. it will lead you to quick takes for you can find important context and fast insight into timely topics. here is a quick take from this week. ♪ >> when you think about your body it may come as a surprise that half of you isn't really you. only about 50% of the cells are human. the rest of microorganisms living on or inside the. that might sound unsanitary but most are ha