Beaver Creek Pipeline, L.L.C. S-4/A Registration of securities issued in business combination transactions (amended)

Exhibit 12.1

BreitBurn Energy Partners L.P.

Computation of Ratio of Earnings to Fixed Charges

(In thousands)

	Year Ended December 31,													Nine  Months Ended September 30, 2012
	2007			2008		2009			2010			2011
Net income (loss)		(60,357	)		378,236		(107,290	)		34,751			110,497		(30,467	)
Income tax expense (benefit)		(1,229	)		1,939		(1,528	)		(204	)		1,188		(201	)
Total earnings		(61,586	)		380,175		(108,818	)		34,547			111,685		(30,668	)
Interest and other financing costs, net (a)		6,391			30,107		19,851			25,498			40,204		44,177
Realized losses on interest rate swaps (b)		—			2,916		13,115			11,087			3,257		2,273
Total fixed charges		6,391			33,023		32,966			36,585			43,461		46,450
Ratio of earnings to fixed charges		(c	)		11.5x		(d	)		0.9x			2.6x		(e	)

(a) Includes interest associated with operating leases.

(b) Excludes 2008 Lehman termination.

(c) Earnings were inadequate to cover fixed charges by $68.0 million for the year ended December 31, 2007.

(d) Earnings were inadequate to cover fixed charges by $141.8 million for the year ended December 31, 2009.

(e) Earnings were inadequate to cover fixed charges by $77.1 million for the nine months ended September 30, 2012.