Company Report
ConocoPhillips oil and gas exploration summary
This report is currently unavailable
Report summary
ConocoPhillips is laser-focused on its value proposition of delivering shareholder returns. Its business goals are described as a “triple mandate” to (1) meet hydrocarbon demand during the energy transition through development of its low-cost asset base while (2) delivering peer-leading returns and (3) achieving its net zero emissions goal. Exploration serves to support disciplined growth, adding low cost supply options to the portfolio. ConocoPhillips has improved its conventional exploration performance over the last five years. The report includes a detailed data download.
Table of contents
- Exploration strategy
- Results summary
- Current portfolio and exploration outlook
- Production and potential cost of production
-
Value creation
- Alaska continues to offer exploration upside on vast acreage footprint
- Near- field opportunities in legacy established basins are key
Tables and charts
This report includes 17 images and tables including:
- ConocoPhillips' current acreage - top 15 countries (top 5 show '000 km2)
- Net exploration and appraisal wells by country
- Exploration & appraisal spend and reinvestment
- Exploration success rates
- Largest 10 conventional discoveries (net, 2013 to 2022)
- Volumes discovered by year
- Volumes discovered by water depth
- Volumes discovered by country
- Volumes discovered by basin
- Production from new field discoveries, and as a proportion of all future production
- Finding and development costs for added resources
- Full-cycle economics
- Top 10 conventional discoveries by development value (2013-2022)
- Conventional value and spend by country
- Exploration returns by water depth
- Value creation
- Exploration returns by year
What's included
This report contains:
Other reports you may be interested in
Insight
Oil and gas exploration: 2023 in review
Positive value creation and double-digit returns despite lowest discovered volumes in last ten years.
$1,300
Country Report
Gabon upstream summary slides
Slide-pack of the key issues to complement our more detailed Gabon upstream summary
$2,700
Country Report
Namibia upstream summary slides
Key highlights of Namibia's upstream sector.
$3,400
