First quarter of 2023, Alaska was the most profitable geographical area in the world for ConocoPhillips on a per barrel of oil equivalent (BOE).
ConocoPhillips Makes More Profit in Alaska Than Anywhere Else
ConocoPhillips Spells Out New LNG Balancing Act
ConocoPhillips plans to spend nearly $4 billion to more than double its global LNG footprint
ConocoPhillips Lower 48 Business Unit
The Lower 48 represents the largest ConocoPhillips business segment today based on production. The company has high-quality positions in the United States unconventionals, which are low cost of supply and low GHG intensity assets with significant upside potential.
US approves oil drilling project in Alaska
Conocophillips approved for a contentious oil-and-gas drilling project in the northwestern state of Alaska.
Conocophillips 2023 Outlook
Conocophillips 2023 total capital expenditure guidance is $10.7 to $11.3 billion, which includes $9.1 to $9.3 billion for base capital and $1.6 to $2.0 billion for anticipated major project spending at NFE, NFS, PALNG and Willow. ConocoPhillips ranks #5 in wells drilled in 2022 with 298 wells drilled in the Mid Continent of the US. The Mid Continent region includes Texas, Oklahoma, New Mexico and Louisiana.
Conocophillips Permian Update
Conocophillips currently holds approximately 1 million net acres in the Permian basin, including 75,000 in the resource-rich Delaware Basin and 48,500 in the Midland Basin.
ConocoPhillips provides $1 million for Hogan Park, Midland TX
The Permian Basin Quality of Place Conservancy announced Tuesday that the first of 14 renovated youth baseball/softball turf fields at Hogan Park will be named ConocoPhillips Field following the company’s recent $1 million donation to the project.
Building a Technology Toolkit for Methane Emissions Detection
Quickly detecting and repairing methane leaks is crucial as we work to reduce our greenhouse gas (GHG) emissions and continuously test and deploy new methods to mitigate methane emissions is priority for Conoco
ConocoPhillips Winners of Supplier Recognition Award Program
ConocoPhillips continued to work collaboratively with our suppliers to navigate and overcome many supply chain challenges last year,” said Bill Bullock, executive vice president and chief financial officer.
ConocoPhillips is field testing 3D printed water-valve parts in Canada
In British Columbia, ConocoPhillips is field testing 3D printed water-valve parts at its Montney water hub.
