ConocoPhillips

Unclaimed Property

Each state has unclaimed property laws that require money, property and other assets to be considered abandoned after a period of inactivity usually ranging from 1 to 5 years. During this abandonment period, ConocoPhillips must make a concerted effort to seek out and return unclaimed property to the rightful owners. Issuance of due diligence letters is a part of this effort.

ConocoPhillips is required by law to remit unclaimed property to the state of the last known address for the property owner. Examples of unclaimed property include uncashed checks to vendors, uncashed checks to royalty/land owners, and employee wages.

Why do you require personal information?

​For audit purposes, we must be able to show we took appropriate action to return the property to the correct person or entity. A form of government-issued identification is required. (Social Security Number, Copy of Driver’s License OR Copy of Passport) The letter also requests an updated address.

May I claim the property without providing a Social Security number?

Yes. Only ONE form of government-issued identification is required. You may provide a copy of your driver’s license or copy of your passport if you do not want to provide your Social Security number.