Remediation

We give serious attention to our duty to restore properties impacted by our operations. Our responsibility for remediation can arise from prior contamination on properties we subsequently acquired, contamination of properties we currently own, or contamination of previously owned properties for which we retained individual or joint responsibility for cleanup. We completed remediation on more than 300 sites in 2008, and currently are restoring more than 3,600 properties in various locations around the world.

In Oklahoma, ConocoPhillips completed major remediation work at the site of the former Okmulgee refinery. Phillips Petroleum Company sold the refinery in 1966 and its ownership changed several times until it was shut down in 1982. It sat idle until ConocoPhillips agreed to lead the cleanup effort, in cooperation with the Okmulgee Area Development Corporation and the Oklahoma Department of Environmental Quality. After 11 years of extensive assessment, soil excavation and waste removal, the site is now ready for redevelopment as a business and industrial park that is expected to create new jobs for the community. We will conduct groundwater monitoring on an ongoing basis and have installed a preventive barrier to protect a nearby creek. A hotel currently is under construction on the site and several other companies have expressed interest in locating operations there.

ConocoPhillips has been remediating and reclaiming former sites in the Turner Valley oilfield near Calgary, Alberta, Canada, for the past 10 years. Many of these facilities were constructed in the early 1900s and were reclaimed to the standards of the day. To date we have reclaimed more than 30 well sites, landfills, pipelines and tank farms by excavating affected soil, transporting it to licensed waste management facilities, and re-establishing vegetation.