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ConocoPhillips focuses on its core job and values during COVID-19

ConocoPhillips is taking steps to support and sustain its global workforce, communities and health care professionals during the coronavirus pandemic. With thousands of its people working from home and thousands more practicing social distancing in the field, the company is focused on its core job: to safely find and deliver energy to the world. “Throughout…
June, 2020

Texas Oil and Natural Gas Industry Launches Coalition to Develop Industry-Led Solutions to Minimize Flaring and Methane Emissions

An alliance of Texas oil and natural gas trade associations, along with nearly 40 Texas energy companies, today announced they have formed a coalition to work together on environmental progress. Focused on industry-led solutions to minimize flaring and methane emissions, the Texas Methane and Flaring Coalition (the Coalition) will collectively identify and promote operational and…
May, 2020
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ConocoPhillips Appoints Two New Members to its Board of Directors

HOUSTON – ConocoPhillips (NYSE: COP) announced today that its board of directors has elected Mr. David T. Seaton and Mr. Al Walker to serve as board members. Mr. Seaton served as chief executive officer of Fluor Corporation from 2011 to 2019, and as chairman from 2012 to 2019. Mr. Seaton joined Fluor in 1985 and held…
April, 2020
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Todd Staples Delivers Texas Oil and Natural Gas Update to North Dallas Chamber of Commerce Annual Energy Forum

Texas Oil and Gas Association (TXOGA) President Todd Staples delivered an update on the state of the Texas oil and natural gas industry today at the North Dallas Chamber of Commerce’s Annual Energy Forum. Staples discussed the role the industry plays in powering the economies of North Texas and the entire state, as well as…
March, 2020
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New Record: Texas Oil and Gas Industry Paid $16.3 Billion in Taxes and State Royalties in 2019, Most in Texas History

Billions in oil and gas taxes and royalties directly support Texas schools, teachers, roads, infrastructure and healthcare facilities Texas ISDs received $1.54 Billion, Counties received $398.7 Million in oil and gas property taxes According to just-released data from the Texas Oil & Gas Association (TXOGA), the Texas oil and natural gas industry paid more than…
February, 2020

Technology and Innovation in Oil and Natural Gas Revolutionized Modern Life

Few industries can match the rapid rise of technology and innovation of the Texas oil and natural gas industry. From the state’s first gushers to modern day hydraulic fracturing, a relentlessly pioneering spirit has been the driving force for the industry that has defined Texas. Over the decades, as technology evolved, game-changing innovations gleaned from…
January, 2020
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State Legislators, Academics and Energy Executives Discuss Importance of Oil & Gas Midstream Sector at Kickoff Symposium for Lamar University’s Newly Created Center for Midstream Management & Science

The importance of the midstream sector of the Texas oil and natural gas industry and its role in connecting record production of oil and natural gas to the downstream advances in refining and liquefaction technologies was examined today at the kickoff symposium for the newly created Lamar University Center for Midstream Management & Science. The…
January, 2020

PERMIAN BASIN: GROWTH ON THE HORIZON

For decades, the Ghawar field in Saudia Arabia stood alone as the most productive energy resource on the global stage – a behemoth of energy supplying much of the world’s demand. This year, though, marked an unprecedented shakeup in the energy ranking with a resurgent Permian Basin outpacing Ghawar in production. The Permian Basin –…
December, 2019
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Oil and Gas Sees Widescale VR Deployment

 The oil and gas industry is witnessing wide-scale deployment of virtual reality (VR) technology across its value chain. That’s according to GlobalData, which has produced a new report exploring how VR is finding its way into the upstream, midstream and downstream sectors. In the report, the company identified the following oil and gas players among…
December, 2019
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ConocoPhillips Donates $1 Million to Support Data Science at the University of Houston

ConocoPhillips (NYSE: COP) today announced a $1 million contribution to the University of Houston’s College of Natural Sciences and Mathematics (NSM) to help meet growing demand for data science education. This donation marks the first of several planned contributions by ConocoPhillips to support data science curriculum at multiple universities. The contribution to the University of…
May, 2019
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OP-ED: Offshore Exploration Promises Jobs, Affordable Energy

Strong U.S. natural gas and oil production is revitalizing communities in state after state. It’s well-known that increased energy production has cut costs for families – at the pump and in-home utility bills. But leading the world in production has also given U.S. businesses a leg up, generating a manufacturing resurgence. To list just a…
May, 2019
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A DATA TRANSFORMATION IN AMERICA’S ENERGY FRONTIER

Welcome to the oilfield of the future, where wells across hundreds of miles communicate with each other and operators can rely on data-driven insights and real-time automation to make faster, smarter decisions. Often found in remote corners of the world, these fields of the future will rely on a similar digital network that everyday consumers…
March, 2019

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