UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13D
                               (AMENDMENT NO. 3)*

                    Under the Securities Exchange Act of 1934


                             Vintage Petroleum, Inc.
--------------------------------------------------------------------------------
                                (Name of Issuer)

                     Common Stock, par value $.005 per share
--------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                   927460-10-5
        ----------------------------------------------------------------
                                 (CUSIP Number)

                            Thomas Boone Pickens, Jr.
                            260 Preston Commons West
                                8117 Preston Road
                               Dallas, Texas 75225
                                 (214) 265-4165
--------------------------------------------------------------------------------
           (Name, Address and Telephone Number of Person Authorized to
                      Receive Notices and Communications)

                                October 18, 2002
        ----------------------------------------------------------------
             (Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Sections 240.13d-1(e), (f) or (g), check the following
box. [ ]

Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7 for other parties
to whom copies are to be sent.

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).

              Please Send Copies of Notices and Communications to:

                             Taylor H. Wilson, Esq.
                              Haynes and Boone, LLP
                           901 Main Street, Suite 3100
                               Dallas, Texas 75202
                                 (214) 651-5615




                                  SCHEDULE 13D


-------------------------------------------------------------------------------

CUSIP No. 927460-10-5                                        Page 2 of 6
-------------------------------------------------------------------------------


                                                                                                    
----------------------------------------------------------------------------------------------------------------------------
      1       NAME OF REPORTING PERSON
              S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

                       BP Capital Energy Equity Fund, L.P., a Delaware limited partnership
                       75-2948254
----------------------------------------------------------------------------------------------------------------------------
      2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                                               (a) [X]
                                                                                                             (b) [ ]

----------------------------------------------------------------------------------------------------------------------------
      3       SEC USE ONLY


----------------------------------------------------------------------------------------------------------------------------
      4       SOURCE OF FUNDS

                       WC/OO
----------------------------------------------------------------------------------------------------------------------------
      5       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)            [ ]

                       N/A
----------------------------------------------------------------------------------------------------------------------------
      6       CITIZENSHIP OR PLACE OF ORGANIZATION

                       Delaware
----------------------------------------------------------------------------------------------------------------------------
                                      7      SOLE VOTING POWER
            NUMBER OF
             SHARES                                   3,968,144
                                 -------------------------------------------------------------------------------------------
                                      8      SHARED VOTING POWER
          BENEFICIALLY
            OWNED BY                                  0
                                 -------------------------------------------------------------------------------------------
                                      9      SOLE DISPOSITIVE POWER
              EACH
           REPORTING                                  3,968,144
                                 -------------------------------------------------------------------------------------------
                                     10      SHARED DISPOSITIVE POWER
             PERSON
              WITH                                    0
----------------------------------------------------------------------------------------------------------------------------
               11                AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                                          4,968,200
----------------------------------------------------------------------------------------------------------------------------
               12                CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES           [ ]

                                          N/A
----------------------------------------------------------------------------------------------------------------------------
               13                PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

                                          7.8% (1)
----------------------------------------------------------------------------------------------------------------------------
               14                TYPE OF REPORTING PERSON

                                          PN
----------------------------------------------------------------------------------------------------------------------------


 (1) Based on a total of 63,344,972 Shares outstanding on August 9, 2002, as
     disclosed in the Issuer's Quarterly Report on Form 10-Q for the period
     ended June 30, 2002.





-------------------------------------------------------------------------------

CUSIP No. 927460-10-5                                        Page 3 of 6
-------------------------------------------------------------------------------


                                                                                                    
----------------------------------------------------------------------------------------------------------------------------
      1       NAME OF REPORTING PERSON
              S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

                        BP Capital Energy Equity International Holdings I, L.P., a Delaware limited partnership
                        75-2958603
----------------------------------------------------------------------------------------------------------------------------
      2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                                               (a) [X]
                                                                                                             (b) [ ]

----------------------------------------------------------------------------------------------------------------------------
      3       SEC USE ONLY


----------------------------------------------------------------------------------------------------------------------------
      4       SOURCE OF FUNDS

                       WC/OO
----------------------------------------------------------------------------------------------------------------------------
      5       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)            [ ]

                       N/A
----------------------------------------------------------------------------------------------------------------------------
      6       CITIZENSHIP OR PLACE OF ORGANIZATION

                       Delaware
----------------------------------------------------------------------------------------------------------------------------
                                      7      SOLE VOTING POWER
            NUMBER OF
             SHARES                                   1,000,056
                                 -------------------------------------------------------------------------------------------
                                      8      SHARED VOTING POWER
          BENEFICIALLY
            OWNED BY                                  0
                                 -------------------------------------------------------------------------------------------
                                      9      SOLE DISPOSITIVE POWER
              EACH
           REPORTING                                  1,000,056
                                 -------------------------------------------------------------------------------------------
                                     10      SHARED DISPOSITIVE POWER
             PERSON
              WITH                                    0
----------------------------------------------------------------------------------------------------------------------------
               11                AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                                          4,968,200
----------------------------------------------------------------------------------------------------------------------------
               12                CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES           [ ]

                                          N/A
----------------------------------------------------------------------------------------------------------------------------
               13                PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

                                          7.8% (1)
----------------------------------------------------------------------------------------------------------------------------
               14                TYPE OF REPORTING PERSON

                                          PN
----------------------------------------------------------------------------------------------------------------------------



 (1) Based on a total of 63,344,972 Shares outstanding on August 9, 2002, as
     disclosed in the Issuer's Quarterly Report on Form 10-Q for the period
     ended June 30, 2002.






         This Amendment No. 3 to Schedule 13D (this "Amendment") amends and
supplements the Schedule 13D filed on March 25, 2002 (the "Original Filing"), as
amended on May 15, 2002 and September 17, 2002, by BP Capital Energy Equity
Fund, L.P. ("Energy") and BP Capital Energy Equity International Holdings I,
L.P. ("International"), by furnishing the information set forth below. Energy
and International are collectively defined in this Amendment as the "Filing
Persons." Unless set forth below, all previous Items are unchanged. Capitalized
terms used herein which are not defined herein have the meanings given to them
in the Original Filing, as amended.

ITEM 5.    INTEREST IN SECURITIES OF THE ISSUER.

         Item 5 is hereby amended and restated in its entirety to read as
follows:

         "(a) The Filing Persons may be deemed to beneficially own 4,968,200
Shares (which is approximately 7.8% of the Shares outstanding on August 9, 2002,
as disclosed in the Issuer's Quarterly Report on Form 10-Q for the quarter ended
June 30, 2002).



         (b)                                                    SOLE            SHARED            SOLE              SHARED
                                                               VOTING           VOTING         DISPOSITIVE       DISPOSITIVE
                                                                POWER           POWER             POWER             POWER
                                                             ----------      ------------      -----------       -----------

                                                                                                     
         BP Capital Energy Equity Fund, L.P.                  3,968,144            0            3,968,144             0
         BP Capital Energy Equity International
             Holdings I, L.P.                                 1,000,056            0            1,000,056             0


         (c) All transactions in the Shares effected by the Filing Persons since
the most recent filing of Schedule 13D are set forth in Schedule A.

         (d) Not applicable.

         (e) Not applicable."




                                   Page 4 of 6




                                    SIGNATURE


         After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this Statement is true, complete and
correct.

Date: October 21, 2002



                                                   
                                       BP CAPITAL ENERGY EQUITY FUND, L.P.

                                       By:      BP Capital Management, L.P., its general partner
                                       By:      TBP Investments Management LLC, its general partner



                                                By:        /s/ Robert L. Stillwell
                                                         ----------------------------------------------------
                                                Name:    Robert L. Stillwell
                                                Title:   Managing Director



                                       BP CAPITAL ENERGY EQUITY INTERNATIONAL HOLDINGS I, L.P.

                                       By:      BP Capital Management, L.P., its general partner
                                       By:      TBP Investments Management LLC, its general partner



                                                By:        /s/ Robert L. Stillwell
                                                         ----------------------------------------------------
                                                Name:    Robert L. Stillwell
                                                Title:   Managing Director




                                   Page 5 of 6




                                   SCHEDULE A

                               RECENT TRANSACTIONS

SINCE THE MOST RECENT FILING OF SCHEDULE 13D, THE ONLY TRANSACTIONS IN THE
SHARES BY THE FILING PERSONS WERE THE FOLLOWING SALES: *



      DATE                PRICE                  ENERGY             INTERNATIONAL
-----------------   -------------------     ------------------    ------------------

                                                         
       10/1/2002          $ 10.51                      40,000                10,000

       10/2/2002          $ 10.77                      44,000                11,000

       10/3/2002          $ 10.66                      12,800                 3,200

       10/8/2002          $  9.69                      40,000                10,000

       10/9/2002          $  9.23                      16,000                 4,000

      10/10/2002          $  9.40                       4,000                 1,000

      10/11/2002          $  9.26                      24,000                 6,000

      10/14/2002          $  9.27                      28,000                 7,000

      10/15/2002          $  9.11                      67,360                16,840

      10/16/2002          $  8.96                      48,000                12,000

      10/17/2002          $  9.43                     150,000                37,500

      10/18/2002          $  9.56                      55,840                13,960





----------

* All such transactions were effectuated in the open market.



                                   Page 6 of 6