ConocoPhillips

Our History

ConocoPhillips History

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.​​​

2016 timeline

Australia Pacific LNGFirst Cargo from Australia Pacific LNG

January 2016 - We exported the first cargo of liquefied natural gas from our APLNG facility on Curtis Island in Queensland, Australia.

2015 timeline

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.

Alpine FieldFirst Oil from Alpine Field in
NPR-A

October 2015 - We begin producing oil at CD5, the first oil development within the National Petroleum Reserve-Alaska (NPR-A).

KuparukFirst Oil at Alaska's Kuparuk Drill Site 2S

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.

Surmont 2First Oil at Surmont 2

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).

Eldfisk IIOil Production Startup in Norwegian North Sea

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 timeline

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.

KebabanganGas Production Startup in Malaysia

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.

Gumusut-KakapOil Production Startup in Malaysia

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.

Polar Tankers AwardsPolar Tankers Wins U.S. Coast Guard Maritime Award

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.

Colorado School of MinesConocoPhillips Center Established at Colorado School of Mines

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 timeline

Jasmine fieldGas Production Startup in Central North Sea

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.

EkofiskFirst Oil at Ekofisk South

October 2013 - One of our 35 planned production wells begins producing in the Norwegian North Sea.

2012 timeline

First Production at Gumusut

November 2012 - The Gumusut well in offshore Malaysia begins producing oil.

APLNG ConstructionMajor APLNG Milestone

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 timeline

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 timeline

ConocoPhillips and GE Global Water Sustainability Center

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.