2023 Production Mix
Full-year 2023 production in the Alaska segment was 251 MBOED.
Europe, Middle East & North Africa
ConocoPhillips, through its subsidiaries, has operated in Europe for more than 50 years, with significant developments in the Norwegian sector of the North and Norwegian Seas. In Qatar, the company has interests in a producing field as well as liquefied natural gas (LNG) production and export. The company also has interests in a concession in Libya.
The company’s operated assets in Europe include the fields in the Greater Ekofisk Area offshore Norway and the Teesside Oil Terminal in the United Kingdom Partner-operated assets in Europe are located in both the Norwegian sector of the North and the Norwegian Seas. The company also conducts exploration activity offshore Norway.
In Qatar, the QatarEnergy LNG N(3) joint venture continues providing stable production. In 2022, the company was awarded interests in two new LNG development projects, North Field East (NFE) and North Field South (NFS). Collectively these two new projects will add 48-million-tonnes-per-annum to the world’s LNG supplies.
In Libya, the company has an interest in the Waha Concession.
Europe, Middle East & North Africa at a glance
As of December 31, 2023
251 MBOED
Production
0.5 BBOE
Proved reserves*
$1.1 B
Capital spend
3.0 MM
Net acreage**
*Represents proved reserves for the consolidated operations only and excludes equity affiliates.
**Represents acreage for the consolidated operations only and excludes equity affiliates.
