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Tag: 001F000001psQn0IAE

ConocoPhillips says EPA’s methane rule has elements that are “unworkable”

March 21, 2024 Author: phinds Category: Oil & Gas News

The EPA’s methane rule has elements that are “unworkable,” the head of oil giant ConocoPhillips said Tuesday.

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ConocoPhillips: How the Beta Crude Connector serves Midland Basin producers

March 20, 2024 Author: phinds Category: Oil & Gas News

Supporting multiple producers, the BCC can handle a maximum of 150,000 barrels of crude oil per day, accepting supplies from various lease tank batteries and other field receipt points in the Midland Basin

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What are ConocoPhillips Plans This Year?

February 13, 2024 Author: phinds Category: Oil & Gas News

ConocoPhillips Co. expects to pull the brake on its United States production in 2024 and will instead focus on operational and capital efficiency, company leaders said, after it delivered a company record for the Lower 48 with an annual average output of 1.1 million barrels of oil equivalent per day (MMboepd).

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ConocoPhillips Q4 beats profit views on higher output

February 9, 2024 Author: phinds Category: Oil & Gas News

Conoco U.S. oil firms are reporting higher-than-expected oil production in the country’s main shale basin, with Chevron Corp surprising analysts last week and Exxon Mobil also expanding its U.S. production.

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Alaska Judge Sides With ConocoPhillips on New $7.5 Billion Oil Project

November 10, 2023 Author: phinds Category: Oil & Gas News

A federal judge upheld the Biden administration’s approval of ConocoPhillips’ 600-million-barrel Willow oil development in Alaska, a blow to environmentalists who argued it would imperil wildlife and exacerbate climate change. 

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ConocoPhillips Reports Q3 2023 Results

November 8, 2023 Author: phinds Category: Oil & Gas News

ConocoPhillips (NYSE: COP) today reported third-quarter 2023 earnings of $2.8 billion, or $2.32 per share, compared with third-quarter 2022 earnings of $4.5 billion, or $3.55 per share.

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ConocoPhillips Reportedly Considering Merger Deal For Permian’s CrownRock

October 27, 2023 Author: phinds Category: Oil & Gas News

As merger-mania in the American shale patch continues to gain momentum, ConocoPhillips is now said to be considering an offer for Permian basin producer CrownRock LP, Reuters reports, citing unnamed sources. 

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ConocoPhillips’ HRU technology selected for Rio Grande LNG Project

September 13, 2023 Author: phinds Category: Oil & Gas News

ConocoPhillips has announced that its proprietary OCP CryoSep® heavies removal unit (HRU) technology has been selected as part of Phase 1 of NextDecade’s Rio Grande LNG Project.

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ConocoPhillips says court case is likely do-or-die for Willow Arctic oil project

September 4, 2023 Author: phinds Category: Oil & Gas News

If Alaska District Court Judge Sharon Gleason cancels required federal approvals, “the Willow project is highly unlikely to proceed at all,” said Connor Dunn, vice president of Willow for ConocoPhillips.

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ConocoPhillips Reports Q2 2023 Results

August 7, 2023 Author: phinds Category: Oil & Gas News

Third-quarter 2023 production is expected to be 1.78 to 1.82 million barrels of oil equivalent per day (MMBOED). Full-year production is now expected to be 1.80 to 1.81 MMBOED, as compared to prior guidance of 1.78 to 1.80 MMBOED.

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