ConocoPhillips
Our history illustrates a relentless commitment to safety, a passion for innovation and an ability to adapt to a dynamic marketplace. From the earliest discoveries of oil and the revolutionary improvements that followed to the technological advances that altered the course of history, ConocoPhillips has a long history of improving life for people and communities.
Present-2010
2016 |
![]() |
![]() January 2016 – We exported the first cargo of liquefied natural gas from our APLNG facility on Curtis Island in Queensland, Australia. |
2015 |
![]() |
First Export Cargo of U.S. Crude Oil After Lifting of Crude Oil Export Ban
December 2015 – ConocoPhillips and NuStar achieved the nation’s first export cargo of U.S.-produced light crude oil since the 40-year-old ban was lifted Dec. 18. |
U.S. Lifts Crude Oil Export Ban
December 2015 – We were an important voice throughout the year in the effort to lift the 40-year-old ban. |
||
![]() NPR-AOctober 2015 – We begin producing oil at CD5, the first oil development within the National Petroleum Reserve-Alaska (NPR-A). |
||
![]() October 2015 – We begin producing oil at Kuparuk Drill Site 2S (DS2S), the first new Kuparuk drill site in 12 years, under budget and ahead of schedule. |
||
![]() September 2015 – We safely deliver first oil at our Surmont 2 in-situ oil sands facility, successfully moving from the capital phase to the production phase of this megaproject. |
||
Development Drilling Begins in NPR-A
August 2015 – We begin development drilling at CD5, the first oil development within the National Petroleum Reserve-Alaska (NPR-A). |
||
![]() January 2015 – Oil production begins from the Eldfisk II project in the North Sea. This is our second major startup in Norway since late 2013. |
||
2014 |
![]() |
Lance Leads Call for Lifting Exports Ban
November 2014 – Chairman and CEO Ryan Lance addresses the IPAA Annual Meeting, kicking off a yearlong initiative to lift the ban on crude oil exports. |
![]() November 2014 – Gas production begins from the Kebabangan (KBB) gas field, located approximately 60 miles offshore Malaysia. |
||
Second Oil Discovery Offshore Senegal
November 2014 – We discover oil in the SNE-1 well, the second of our two-well program, located approximately 60 miles offshore Senegal. |
||
![]() October 2014 – We achieve first oil production from the Gumusut-Kakap Floating Production Facility, located approximately 75 miles offshore Sabah, Malaysia. |
||
Oil Discovery Offshore Senegal
October 2014 – We discover oil in the FAN-1 exploration well, located approximately 60 miles offshore Senegal. |
||
Nigeria Upstream Business Sold
July 2014 – Oando Energy Resources (OER), a subsidiary of Oando PLC, acquires our Nigeria upstream business for $1.5 billion. |
||
![]() June 2014 – The U.S. Coast Guard recognizes Polar Tankers, a ConocoPhillips subsidiary, with its highest environmental award, the Rear Admiral William M. Benkert Osprey Award for Environmental Excellence. |
||
![]() March 2014 – Together, the Colorado School of Mines and ConocoPhillips establish the ConocoPhillips Center for a Sustainable WE²ST (Water-Energy Education, Science and Technology) to support research and education that promote joint sustainability of unconventional energy production and water resources. |
||
2013 |
![]() |
![]() November 19, 2013 – We achieve first gas production from the Jasmine field in the United Kingdom, Central North Sea. |
Kashagan Interest Sold
October 2013 – KazMunayGas (KMG) acquires our 8.4 percent interest in the North Caspian Sea Production Sharing Agreement (Kashagan) for approximately $5.4 billion. |
||
![]() October 2013 – One of our 35 planned production wells begins producing in the Norwegian North Sea. |
||
2012 |
![]() |
First Production at Gumusut
November 2012 – The Gumusut well in offshore Malaysia begins producing oil. |
![]() July 2012 – The sanctioning of the development of a second production train for our Queensland-based Australia Pacific LNG project marks the final step in the project’s approval process. |
||
ConocoPhillips and Phillips 66 Formed
May 1, 2012 – The repositioning of ConocoPhillips is complete, and the companies begin trading separately on the New York Stock Exchange. Ryan Lance is named chairman and chief executive officer of ConocoPhillips, the world’s largest independent exploration and production company based on production and reserves. There are over 16,000 employees in 30 countries. |
||
2011 |
![]() |
ConocoPhillips, GE and NRG Renewables JV
In a joint venture with General Electric and NRG Energy, ConocoPhillips creates Energy Technology Ventures to focus on the development of next-generation energy technologies for renewable power generation, smart grids, energy efficiency, oil, natural gas, coal and nuclear energy, emission controls, water and biofuels. |
BOD Approves Pursuit of ConocoPhillips Separation
The board of directors of ConocoPhillips approves pursuing the separation of the company’s Refining & Marketing and Exploration & Production businesses into 2 stand-alone, publicly traded corporations, Phillips 66 and ConocoPhillips. |
||
2010 |
![]() |
![]() ConocoPhillips and General Electric open a global water sustainability center in Qatar to examine ways of treating and recycling byproduct water from oil and gas production and refining operations, as well as other projects related to industrial and municipal water sustainability. |