Conocophillips

4Q2019 Earnings: Lower 48 ‘Big 3’ Unconventionals Deliver for ConocoPhillips

ConocoPhillips, the world’s largest independent, continued last year to drive up volumes from the Lower 48, its largest production segment, as the “Big 3” unconventional assets led the way with healthy increases.

February 4, 2020

W&T Snaps Up Stakes in Deepwater Magnolia Field from ConocoPhillips

Houston-based W&T Offshore Inc. has become the operator and majority owner of the Magnolia field in the deepwater Gulf of Mexico (GOM) in a $20 million acquisition from ConocoPhillips.

December 24, 2019

‘Big 3’ Unconventionals Again Drive ConocoPhillips Production Gains

Assets across the Lower 48 continued to drive production growth for ConocoPhillips in the third quarter, with output from the global producer’s “Big 3” unconventionals leading the way.

October 30, 2019
Santos to Buy ConocoPhillips’ Australia Assets, Set to Become Country’s Top Producer

Santos to Buy ConocoPhillips’ Australia Assets, Set to Become Country’s Top Producer

Adelaide-based independent gas producer Santos Ltd. is on track to become Australia’s largest energy producer following its Monday announcement that it inked a $1.39 billion deal to buy ConocoPhillips’ northern Australia assets.

October 16, 2019

ConocoPhillips, Encana Challenging Tariff-Related Pipeline Surcharge by Plains

ConocoPhillips Co. and Encana Marketing (USA) Inc. are challenging Plains All American’s plans to implement a surcharge on its Cactus II crude oil pipeline, a 5.0-cent/bbl fee designed to offset costs related to U.S. tariffs on steel imports.

August 21, 2019
ConocoPhillips Boosts Capex, Adds Seventh Eagle Ford Rig

ConocoPhillips Boosts Capex, Adds Seventh Eagle Ford Rig

ConocoPhillips is eyeing higher spending this year than originally forecast to expand development in the United States, with output from the “Big 3” unconventionals alone climbing 26% year/year, the Houston-based super independent said Tuesday.

July 30, 2019

Majors, Big Independents Found U.S. Oil, Gas Blockchain Consortium

A group of majors and independents, including founding members ExxonMobil Corp., Chevron Corp. and ConocoPhillips, on Tuesday announced a partnership to establish the first industry blockchain consortium in the United States.

February 26, 2019
Alaska Oil, Gas Lease Sale Draws $1.53M in Bids

Alaska Oil, Gas Lease Sale Draws $1.53M in Bids

The Interior Department’s Bureau of Land Management (BLM) received $1.53 million in bids on Wednesday from an oil and natural gas lease sale in the National Petroleum Reserve in Alaska (NPRA).

December 14, 2018
Lower 48 Powers 3Q Earnings, Production for ConocoPhillips

Lower 48 Powers 3Q Earnings, Production for ConocoPhillips

ConocoPhillips reported increased earnings and higher production in the third quarter, especially from its top three onshore assets in the Lower 48, as it moved forward with projects in Alaska and Louisiana.

October 26, 2018

ConocoPhillips Reports First Oil Production from North Slope Project

A subsidiary of ConocoPhillips reported first oil production from its prospect within the National Petroleum Reserve in Alaska (NPR-A) and said it was moving closer to a decision on whether to drill a second proposed project on the North Slope.

October 10, 2018