ConocoPhillips is Alaska’s largest crude oil producer and one of the largest owners of state, federal and fee exploration leases, with approximately 0.5 million net undeveloped acres at year-end 2016.
ConocoPhillips is the world’s largest independent exploration and production company, based on proved reserves and production of liquids and natural gas. We explore for, develop and produce crude oil and natural gas globally. A commitment to safety, operating excellence and environmental stewardship guide our operations.
Headquartered in Houston, Texas, ConocoPhillips had operations and activities in 17 countries, $88 billion of total assets, and approximately 13,100 employees as of March 31, 2017. Production excluding Libya averaged 1,584 MBOED for the three months ended March 31, 2017, and proved reserves were 6.4 billion BOE as of Dec. 31, 2016.
We are an independent E&P company focused on exploring for, developing and producing crude oil and natural gas globally. With our focus firmly on the future, our diverse portfolio primarily includes resource-rich North American unconventional assets; oil sands assets in Canada; lower-risk legacy assets in North America, Europe, Asia and Australia; several international developments across the portfolio; and an inventory of global conventional and unconventional exploration prospects.