Our Performance
We use key metrics to measure and monitor our performance and progress managing sustainability risks. This data is presented by year or by country and easily downloaded as XLS or PDF spreadsheets.
Performance by year1
METRIC | 2019 | 2020 | 2021 | 20224 | 20234 | GRI | IPIECA | SASB |
---|---|---|---|---|---|---|---|---|
CLIMATE | ||||||||
Net Equity Greenhouse Gas Emissions (thousand tonnes CO2e) | n/a | 16,700 | 18,300 | 18,358 | 20,070 | CCE-4 | ||
Net Equity GHG Intensity (kg CO2e/BOE) 5 | n/a | 40.8 | 32.9 | 28.9 | 30.1 | 305-4 | CCE-4 | |
Target Related Net Equity Intensity (kg CO2e/BOE) 6 | n/a | 40.2 | 32.4 | 28.5 | 29.7 | 305-4 | CCE-4 |
METRIC | 2019 | 2020 | 2021 | 20224 | 20234 | GRI | IPIECA | SASB |
---|---|---|---|---|---|---|---|---|
CLIMATE AND AIR EMISSIONS | ||||||||
GHG Intensity (kg CO2e/BOE) | ||||||||
Total GHG Intensity | 36.5 | 34.3 | 26.9 | 23.3 | 25.3 | 305-4 | CCE-4 | |
Target Related GHG Intensity 6 | 35.9 | 33.8 | 26.6 | 22.9 | 24.9 | 305-4 | CCE-4 | |
GHGs (thousand tonnes) | ||||||||
CO2 from Operations | 17,700 | 13,800 | 15,900 | 13,229 | 13,113 | 305-1 | CCE-4 | |
CO2 from Imported Electricity (Scope 2) | 1,000 | 700 | 1,000 | 1,060 | 1,001 | 305-2 | CCE-4 | |
Methane (CO2e) 8 | 1,700 | 1,600 | 1,800 | 1,758 | 3,298 | 305-1 | CCE-4 | |
Nitrous Oxide (CO2e) | 100 | 100 | 20 | 21 | 21 | 305-1 | CCE-4 | |
Total GHGs (thousand tonnes CO2e) | 20,500 | 16,200 | 18,720 | 16,068 | 17,433 | CCE-4 | ||
CO2e Per Dollars of Revenue (tonnes/$thousand) 9 | 0.63 | 0.86 | 0.41 | 0.20 | 0.31 | 305-4 | ||
Potential CO2e from Proved Reserves (million tonnes) | 2,190 | 1,875 | 2,525 | 2,699 | 2,821 | EM-EP 420a.2 | ||
Scope 1 Emissions by Source Category (thousand tonnes CO2e)10 | ||||||||
Flaring | 2,300 | 1,300 | 1,900 | 1,560 | 2,283 | 305-1 | CCE-4 | |
Combustion | 15,200 | 12,300 | 13,800 | 11,536 | 11,402 | 305-1 | CCE-4 | |
Process Venting | 1,500 | 1,500 | 1,500 | 1,461 | 2,599 | 305-1 | CCE-4 | EM-EP 110a.2 |
Fugitive Venting | 200 | 200 | 220 | 168 | 147 | 305-1 | CCE-4 | EM-EP 110a.3 |
Other 11 | 300 | 200 | 300 | 282 | <1 | 305-1 | CCE-4 | |
Total Scope 1 Emissions | 19,500 | 15,500 | 17,720 | 15,008 | 16,432 | 305-1 | CCE-4 | EM-EP 110a.1 |
Percent of Scope 1 Emissions Covered by Regulation | 40% | 40% | 38% | 43% | 39% | EM-EP 110a.1 | ||
Methane | ||||||||
Methane Intensity (kg CO2e/BOE) 8 | 3.0 | 3.4 | 2.6 | 2.6 | 4.8 | CCE-4 | ||
Methane Emitted as Percent of Natural Gas Production | 0.24% | 0.28% | 0.23% | 0.30% | 0.61% | CCE-4 | EM-EP 110a.1 | |
Methane Emitted as Percent of Total Hydrocarbon Production | 0.08% | 0.10% | 0.07% | 0.07% | 0.14% | CCE-4 | EM-EP 110a.1 | |
Methane Emitted as Percent of Scope 1 Emissions | 9% | 10% | 10% | 12% | 20% | CCE-4 | ||
Flaring | ||||||||
Routine Flaring Volume (million cubic feet) 12 | n/a | n/a | 1,030 | 111 | 13 | 305-1 | CCE-7 | |
Total Flaring Volume (million cubic feet) 13 | 24,600 | 14,500 | 20,500 | 17,858 | 21,867 | 305-1 | CCE-7 | EM-EP 110a.2 |
Flaring Intensity (Total Flaring Volume as Percent of Gas Produced) | 2.60% | 1.97% | 1.81% | 2.39% | 3.36% | |||
Flaring Intensity (Total Flaring Volume MMSCF/Total Production MMBOE) | 43.8 | 30.8 | 29.5 | 25.9 | 31.8 | |||
Other Air Emissions (tonnes) | ||||||||
Volatile Organic Compounds (VOCs) | 69,900 | 60,800 | 96,400 | 98,508 | 115,587 | 305-7 | ENV-5 | EM-EP 120a.1 |
Nitrogen Oxides (NOx) | 36,100 | 28,200 | 42,000 | 48,528 | 47,682 | 305-7 | ENV-5 | EM-EP 120a.1 |
Sulfur Oxides (SOx) | 4,700 | 2,700 | 2,900 | 2,701 | 2,607 | 305-7 | ENV-5 | EM-EP 120a.1 |
Particulate Matter (PM) | 1,400 | 1,100 | 1,700 | 1,978 | 1,818 | 305-7 | ENV-5 | EM-EP 120a.1 |
Energy Use (trillion BTUs) | ||||||||
Combustion Energy | 217 | 179 | 211 | 199 | 197 | |||
Imported Electricity | 4 | 4 | 6 | 8 | 8 | |||
Total Energy | 222 | 183 | 217 | 206 | 205 | 302-1 | CCE-6 | |
Energy Intensity (trillion BTUs/MMBOE) | 0.40 | 0.39 | 0.31 | 0.30 | 0.30 | 302-3 | CCE-6 | |
ENVIRONMENT | ||||||||
Water | ||||||||
Fresh Water Withdrawn (million cubic meters) | 14.4 | 10.6 | 9.7 | 9.2 | 10.5 | 303-3 | ENV-1 | EM-EP 140a.1 |
Fresh Water Consumed (million cubic meters) 14 | 12.1 | 8.5 | 7.5 | 7.3 | 8.5 | 303-5 | ENV-1 | EM-EP 140a.1 |
Fresh Water Withdrawn in Regions with High Baseline Water Stress 15 | 8.0% | 5.0% | 17.0% | 6.3% | 14.7% | 303-3 | ENV-1 | EM-EP 140a.1 |
Fresh Water Consumed in Regions with High Baseline Water Stress 16 | 8.0% | 2.0% | 20.0% | 2.4% | 18.3% | 303-5 | ENV-1 | EM-EP 140a.1 |
Non-Fresh Water Withdrawn (million cubic meters) 17 | 51.3 | 48.7 | 55.3 | 52.6 | 0.5 | 303-3 | ENV-1 | |
Total Produced Water Recycled or Reused (million cubic meters) 18 | 82.3 | 63.8 | 80.0 | 74.0 | 73.6 | ENV-1 | EM-EP 140a.2 | |
Municipal Wastewater Reused (million cubic meters) | n/a | n/a | 1.3 | 1.8 | 0.5 | ENV-1 | ||
Produced Water Recycled or Reused | 66% | 67% | 48% | 49% | 46% | ENV-1 | EM-EP 140a.2 | |
Produced Water Injected or Disposed | 22% | 16% | 42% | 41% | 44% | 303-4 | ENV-2 | EM-EP 140a.2 |
Produced Water Discharged Offshore | 12% | 17% | 10% | 10% | 11% | 303-4 | ENV-2 | EM-EP 140a.2 |
Hydrocarbons in Overboard Discharges (tonnes) | 145 | 124 | 147 | 129 | 129 | ENV-2 | EM-EP 140a.2 | |
Water Intensity | ||||||||
Unconventional Fresh Water Consumption (barrels/BOE EUR) 19 | 0.22 | 0.23 | 0.08 | 0.06 | 0.06 | ENV-1 | ||
Conventional Fresh Water Consumption (barrels/BOE) 20 | 0.05 | 0.05 | 0.03 | 0.03 | 0.03 | ENV-1 | ||
Biodiversity | ||||||||
Operated Area Overlapping With IUCN Protected Areas 21 | 0.25% | 0.24% | 0.03% | 0.04% | 0.03% | 304-1 | ENV-4 | |
Number of IUCN Protected Areas Near Operated Assets 21 | 7 | 7 | 8 | 10 | 12 | 304-1 | ENV-4 | |
Habitat Areas Protected or Restored by ConocoPhillips (thousand acres) 22 | 316 | 275 | 550 | 409 | 540 | 304-3 | ENV-4 | |
Number of Operated Assets with IUCN Red List Species 23 | 15 | 13 | 12 | 12 | 9 | 304-4 | ENV-4 | |
Liquid Hydrocarbon Spills to the Environment24 | ||||||||
Number of Spills > 100 Barrels | 2 | 1 | 4 | 2 | 0 | 306-3 | ENV-6 | EM-EP 160a.2 |
Volume of Spills > 100 Barrels (barrels) | 1,100 | 100 | 734 | 299 | 0 | 306-3 | ENV-6 | EM-EP 160a.2 |
Number of Spills > 1 Barrel | 89 | 83 | 178 | 99 | 38 | 306-3 | ENV-6 | EM-EP 160a.2 |
Volume of Spills > 1 Barrel (barrels) | 1,800 | 600 | 2,194 | 861 | 303 | 306-3 | ENV-6 | EM-EP 160a.2 |
Volume Recovered from Spills > 1 Barrel (barrels) | 1,200 | 400 | 1,410 | 496 | 155 | ENV-6 | EM-EP 160a.2 | |
Liquid Hydrocarbon Spills in the Arctic25 | ||||||||
Number of Arctic Spills > 1 Barrel | 1 | 1 | 3 | 1 | 2 | EM-EP 160a.2 | ||
Volume of Arctic Spills > 1 Barrel (barrels) | 2 | 2 | 5 | 5 | 7 | EM-EP 160a.2 | ||
Volume Recovered From Arctic Spills > 1 Barrel (barrels) | 2 | 2 | 5 | 5 | 7 | EM-EP 160a.2 | ||
Wastes (tonnes)26, 27 | ||||||||
Hazardous Wastes | 21,900 | 28,200 | 23,000 | 78,600 | 107,611 | 306-3 | ENV-7 | |
Nonhazardous Wastes | 279,000 | 159,400 | 213,200 | 322,489 | 1,352,155 | 306-3 | ENV-7 | |
Recycled Wastes | 130,400 | 107,500 | 191,700 | 265,508 | 38,075 | 306-4 | ENV-7 | |
Total Waste Generated | 431,300 | 295,100 | 427,900 | 666,596 | 1,497,841 | 306-3 | ENV-7 | |
Waste Disposed | 300,900 | 187,600 | 236,200 | 401,088 | 1,459,766 | 306-3 | ENV-7 | |
SAFETY | ||||||||
Safety (rate per 200,000 hours worked) | ||||||||
Workforce Fatalities | 1 | 0 | 0 | 0 | 1 | 403-9 | SHS-3 | EM-EP 320a.1 |
Workforce Total Recordable Rate | 0.15 | 0.12 | 0.15 | 0.14 | 0.17 | 403-9 | EM-EP 320a.1 | |
Workforce Lost Workday Rate | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 | |||
Employee Total Recordable Rate | 0.05 | 0.09 | 0.14 | 0.12 | 0.19 | 403-9-a-iii | SHS-3 | |
Employee Lost Workday Rate | 0.03 | 0.02 | 0.05 | 0.06 | 0.05 | SHS-3 | ||
Contractor Total Recordable Rate | 0.18 | 0.13 | 0.16 | 0.14 | 0.16 | 403-9-b-iii | SHS-3 | |
Contractor Lost Workday Rate | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 | SHS-3 | ||
Process Safety (rate per 200,000 hours worked by operations) | ||||||||
Tier 1 Process Safety Event Rate 28 | 0.03 | 0.03 | 0.09 | 0.05 | 0.04 | SHS-6 | EM-EP 540a.1 | |
SOCIAL | ||||||||
Economic Contribution | ||||||||
Payments to Vendors and Suppliers ($ billion) 29 | 9.4 | 7.3 | 7.9 | 10.9 | 12.5 | |||
Shareholder Dividends ($ billion) | 1.5 | 1.8 | 2.4 | 5.7 | 5.6 | |||
Capital Investments ($ billion) | 6.6 | 4.7 | 5.3 | 10.2 | 11.2 | |||
Cash Contributions ($ million) | 43.9 | 31.3 | 33.6 | 33.9 | 33.8 | SOC-13 | ||
Global Workforce | ||||||||
Employees at Year-End 30 | 10,400 | 9,700 | 9,900 | 9,500 | 9,900 | 2-7-a | SOC-5 | |
Part-Time Employees | 1.4% | 1.0% | 0.9% | 0.7% | 0.6% | 2-7-b | SOC-5 | |
Employees - Women | 26% | 27% | 26% | 27% | 27% | 405-1-b-i | SOC-5 | |
All Leadership - Women | 24% | 23% | 25% | 26% | 26% | 2-7-a | SOC-5 | |
Top Leadership - Women | 20% | 19% | 22% | 25% | 26% | 2-7-a | SOC-5 | |
Junior Leadership - Women | 25% | 24% | 25% | 26% | 26% | 2-7-a | SOC-5 | |
Professional - Women | 28% | 29% | 29% | 30% | 30% | 2-7-a | SOC-5 | |
Petrotechnical - Women | 20% | 20% | 20% | 21% | 21% | 2-7-a | SOC-5 | |
Non-U.S. Employees | 45% | 41% | 39% | 34% | 34% | SOC-5 | ||
All Non-U.S. Leadership | 47% | 44% | 41% | 35% | 33% | SOC-5 | ||
Non-U.S. Top Leadership | 31% | 25% | 24% | 23% | 23% | SOC-5 | ||
Non-U.S. Junior Leadership | 50% | 49% | 44% | 37% | 35% | SOC-5 | ||
Avg. Years of Service | 11.4 | 11.9 | 11.3 | 10.9 | 10.9 | SOC-5 | ||
Avg. Years of Experience | 17.5 | 17.9 | 17.5 | 17.5 | 17.9 | SOC-5 | ||
Employees by Age Group | SOC-5 | |||||||
Under 30 | 8% | 8% | 8% | 8% | 7% | 405-1-b-ii | SOC-5 | |
30 - 50 | 60% | 60% | 62% | 62% | 61% | 405-1-b-ii | SOC-5 | |
51+ | 31% | 33% | 30% | 31% | 31% | 405-1-b-ii | SOC-5 | |
U.S. Workforce Demographics31 | ||||||||
Employees - POC 32 | 24% | 25% | 28% | 30% | 405-1-b-iii | SOC-5 | ||
All Leadership - POC | 19% | 19% | 21% | 23% | 405-1-b-iii | SOC-5 | ||
Top Leadership - POC | 13% | 13% | 15% | 18% | 405-1-b-iii | SOC-5 | ||
Junior Leadership - POC | 21% | 22% | 23% | 25% | 405-1-b-iii | SOC-5 | ||
Professional - POC | 24% | 24% | 26% | 28% | 405-1-b-iii | SOC-5 | ||
Employees covered by a collective bargaining agreement | 4% | 4% | 4% | 4% | 2-30-a | SOC-5 | ||
Veterans | 6% | 6% | 6% | 6% | 405-1-b-iii | SOC-5 | ||
Employees with disabilities | n/a | 5% | 5% | 5% | 405-1-b-iii | SOC-5 | ||
U.S. Employees by race/ethnicity and gender | ||||||||
White Women | 20.9% | 21.2% | 20.0% | 19.9% | 19.0% | 405-1-b-iii | SOC-5 | |
White Men | 54.6% | 54.0% | 51.8% | 49.9% | 49.2% | 405-1-b-iii | SOC-5 | |
Hispanic Women | 2.5% | 2.6% | 3.0% | 3.6% | 3.9% | 405-1-b-iii | SOC-5 | |
Hispanic Men | 7.9% | 7.8% | 11.7% | 12.0% | 12.4% | 405-1-b-iii | SOC-5 | |
Asian Women | 2.0% | 2.0% | 1.9% | 2.1% | 2.1% | 405-1-b-iii | SOC-5 | |
Asian Men | 4.7% | 4.7% | 4.2% | 4.3% | 4.5% | 405-1-b-iii | SOC-5 | |
Black/African American Women | 1.8% | 1.8% | 1.6% | 1.7% | 1.8% | 405-1-b-iii | SOC-5 | |
Black/African American Men | 2.2% | 2.3% | 2.2% | 2.5% | 2.6% | 405-1-b-iii | SOC-5 | |
American Indian or Alaska Native Women | 1.0% | 0.9% | 0.9% | 1.0% | 1.1% | 405-1-b-iii | SOC-5 | |
American Indian or Alaska Native Men | 1.6% | 1.6% | 1.3% | 1.4% | 1.5% | 405-1-b-iii | SOC-5 | |
Native Hawaiian or Pacific Islander Women | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 405-1-b-iii | SOC-5 | |
Native Hawaiian or Pacific Islander Men | 0.1% | 0.2% | 0.1% | 0.1% | 0.1% | 405-1-b-iii | SOC-5 | |
Two+ races Women | 0.2% | 0.3% | 0.4% | 0.5% | 0.6% | 405-1-b-iii | SOC-5 | |
Two+ races Men | 0.3% | 0.5% | 0.5% | 0.9% | 1.1% | 405-1-b-iii | SOC-5 | |
Hiring (Global unless identified as U.S.) | ||||||||
University Hires | 12% | 25% | 10% | 8% | 8% | 401-1 | SOC-15 | |
Diversity Hiring - Women | 24% | 29% | 23% | 29% | 27% | 401-1 | SOC-15 | |
U.S. Hiring | ||||||||
Diversity hiring - U.S. POC | 29% | 28% | 35% | 41% | 41% | 401-1 | SOC-15 | |
U.S. Hiring by race/ethnicity | ||||||||
White | 69.7% | 71.7% | 63.1% | 59.2% | 59.1% | 401-1 | SOC-15 | |
Hispanic | 14.8% | 10.4% | 21.9% | 21.2% | 21.8% | 401-1 | SOC-15 | |
Asian | 7.8% | 8.0% | 5.3% | 6.8% | 7.5% | 401-1 | SOC-15 | |
Black/African American | 3.9% | 6.0% | 5.0% | 7.4% | 6.5% | 401-1 | SOC-15 | |
American Indian or Alaska Native | 0.8% | 2.0% | 0.8% | 2.2% | 2.5% | 401-1 | SOC-15 | |
Native Hawaiian or Pacific Islander | 0.4% | 0.4% | 0.3% | 0.5% | 0.2% | 401-1 | SOC-15 | |
Two+ races | 2.3% | 1.6% | 2.1% | 2.4% | 2.5% | 401-1 | SOC-15 | |
Undisclosed | 0.2% | 0.0% | 1.6% | 0.5% | 0.0% | 401-1 | SOC-15 | |
External hire acceptance rate | SOC-15 | |||||||
University hire acceptance (U.S.) | 84% | 85% | 81% | 70% | 73% | 401-1 | SOC-15 | |
Interns acceptance (U.S.) | 68% | 74% | 76% | 68% | 71% | 401-1 | SOC-15 | |
Conversions from Interns to Hires | 73% | 91% | 82% | 77% | 82% | 401-1 | SOC-15 | |
Interns - U.S. Minorities | 32% | 36% | 38% | 40% | 46% | 401-1 | SOC-15 | |
Attrition rate | ||||||||
Total Attrition Rate | 11.2% | 5.3% | 14.5% | 13.1% | 4.9% | 401-1 | SOC-6 | |
Voluntary Attrition | 4.1% | 3.0% | 5.0% | 5.6% | 3.9% | 401-1 | SOC-6 | |
Voluntary Attrition - Women | 3.8% | 2.8% | 5.3% | 5.0% | 4.2% | 401-1 | SOC-6 | |
Voluntary Attrition - Men | 4.1% | 3.1% | 4.9% | 5.9% | 3.9% | 401-1 | SOC-6 | |
Voluntary Attrition - U.S. POC | 3.4% | 2.9% | 4.8% | 5.7% | 3.1% | 401-1 | SOC-6 | |
U.S. Voluntary Attrition by race/ethnicity | ||||||||
White | 4.9% | 3.7% | 6.8% | 6.7% | 4.6% | 401-1 | SOC-6 | |
Hispanic | 3.3% | 2.2% | 5.2% | 4.7% | 3.5% | 401-1 | SOC-6 | |
Asian | 3.8% | 4.1% | 2.9% | 6.7% | 3.1% | 401-1 | SOC-6 | |
Black/African American | 3.5% | 4.2% | 4.0% | 6.9% | 3.6% | 401-1 | SOC-6 | |
American Indian or Alaska Native | 4.1% | 1.4% | 7.8% | 6.5% | 1.2% | 401-1 | SOC-6 | |
Native Hawaiian or Pacific Islander | 0.0% | 0.0% | 6.7% | 0.0% | 6.6% | 401-1 | SOC-6 | |
Two+ races | 0.0% | 0.0% | 7.3% | 7.3% | 1.9% | 401-1 | SOC-6 | |
Voluntary attrition less than 5 years of tenure | 4.3% | 2.5% | 8.4% | 7.6% | 4.7% | 401-1 | SOC-6 | |
Training, Development and Promotions | ||||||||
Training of Petrotechnical employees (Hours of training/empl.) | 28.5 | 27.1 | 21.5 | 23.1 | 28.5 | 404-2 | SOC-7 | |
DEI Training courses completed by employees | n/a | 1,872 | 1,281 | 1,402 | 1,057 | 404-2 | SOC-7 | |
Average spent on training per employee (in dollars) | $1,277 | $948 | $889 | $1,071 | $1,043 | SOC-7 | ||
Promoted - Women | 31% | 32% | 33% | 34% | 32% | SOC-7 | ||
Promoted - U.S. POC | 27% | 24% | 26% | 30% | 33% | SOC-7 | ||
U.S. Promoted | ||||||||
White | 72.8% | 76.5% | 74.2% | 69.9% | 67.0% | SOC-7 | ||
Hispanic | 12.4% | 9.6% | 10.7% | 16.2% | 18.6% | SOC-7 | ||
Asian | 7.6% | 5.7% | 5.6% | 5.4% | 5.7% | SOC-7 | ||
Black/African American | 4.3% | 4.1% | 5.2% | 4.1% | 4.1% | SOC-7 | ||
American Indian or Alaska Native | 2.0% | 2.8% | 2.1% | 2.8% | 2.1% | SOC-7 | ||
Native Hawaiian or Pacific Islander | 0.2% | 0.4% | 0.6% | 0.1% | 0.5% | SOC-7 | ||
Two+ races | 0.7% | 0.9% | 1.3% | 1.5% | 2.0% | SOC-7 | ||
Undisclosed | 0.0% | 0.0% | 0.2% | 0.0% | 0.0% | SOC-7 | ||
Promoted to Top Leadership - Women | 9% | 22% | 31% | 34% | 25% | SOC-7 | ||
Promoted to Top Leadership - U.S. POC | 24% | 6% | 21% | 28% | 16% | SOC-7 | ||
GOVERNANCE | ||||||||
Board33 | ||||||||
Independent Members | 91% | 92% | 80% | 86% | 83% | |||
Women | 36% | 31% | 27% | 29% | 17% | 405-1-a-i | ||
EXPLORATION AND PRODUCTION | ||||||||
Average Daily Net Production34 | ||||||||
Crude Oil (MBD) | 705 | 568 | 829 | 898 | 936 | EM-EP 000.A | ||
NGL (MBD) | 115 | 105 | 142 | 252 | 287 | EM-EP 000.A | ||
Bitumen (MBD) | 60 | 55 | 69 | 66 | 81 | EM-EP 000.A | ||
Natural Gas (MMCFD) | 2,805 | 2,394 | 3,162 | 3,130 | 3,135 | EM-EP 000.A | ||
Total (MBOED) | 1,348 | 1,127 | 1,567 | 1,738 | 1,826 | EM-EP 000.A | ||
Total Operated Production (MMBOE) |
561 | 471 | 694 | 688 | 688 | |||
Total Proved Reserves at Year-End (million BOE) | 5,262 | 4,459 | 6,101 | 6,599 | 6,758 | |||
Proved Reserves in Low Transparency Countries 36 | 4.4% | 5.1% | 3.6% | 3.8% | 3.4% | EM-EP 510a.1 |
Notes:
- Due to rounding, some total numbers may not equal the sum of the subcomponents.
- Based on the equity share approach as defined in "The Greenhouse Gas Protocol: A Corporate Accounting and Reporting Standard (WRI)."
- Baseline net equity emissions intensity data was estimated from the Long-Range Planning process and may be found within the Emissions Reduction Targets and Performance section of the Sustainability Report on www.conocophillips.com.
- Updated in 2022, GHG metrics are reported to the nearest whole number in each unit, except intensity or other metrics expressed as ratios.
- The denominator uses net production values reported in the ConocoPhillips Annual Report, which represent the company’s equity share of total production.
- GHG intensity target excludes emissions from exploration and transportation services (i.e., Polar Tankers and Global Aviation), which are not directly related to oil or gas production. This may give rise to small differences between the intensity we report for our GHG target purposes and our total greenhouse gas intensity. The company set a medium-term target to reduce our gross operated and net equity operational GHG emissions intensity by 50% to 60% by 2030, from a 2016 baseline.
- Data is based on assets where we have operational control. Environmental data is represented as 100% ownership interest regardless of actual share owned by ConocoPhillips with acquisitions and divestitures aligned with financial reporting. To provide the most current and accurate data available, we have updated previously reported data for prior years as needed.
- 2023 methane emissions are higher due to updated equipment inventory, equipment classification and real-time tracking of flare downtime.
- Scope 1 and Scope 2 emissions divided by sales and other operating revenues. Source: ConocoPhillips Annual Report
- Includes CO2 from operations, Methane (CO2e), Nitrous Oxide (CO2e).
- Includes emissions related to unplanned events/incidents and emissions from Sulfur Hexafluoride.
- Routine flaring is defined as flaring that occurs during the normal production of oil in the absence of sufficient facilities to utilize the gas onsite, dispatch it to market, or reinject it. In 2020, we endorsed the World Bank Zero Routine Flaring by 2030 initiative. Per the World Bank’s Zero Routine Flaring by 2030 initiative text, “Oil companies that endorse the Initiative will develop new oil fields they operate according to plans that incorporate sustainable utilization or conservation of the field’s associated gas without routine flaring. Oil companies with routine flaring at existing oil fields they operate will seek to implement economically viable solutions to eliminate this legacy flaring as soon as possible, and no later than 2030.”
- Total flaring volume represents total hydrocarbon content flared. Safety flaring is included in the total flaring volume.
- Calculated as total fresh water withdrawn minus total fresh water discharged.
- Based on World Resources Institute Aqueduct Risk Atlas water stress mapping layer as of Dec. 31, 2023, verification of water stress using local water supply and demand data for select assets and calculated as the percentage of total fresh water withdrawn.
- Based on World Resources Institute Aqueduct Risk Atlas water stress mapping layer as of Dec. 31, 2023, verification of water stress using local water supply and demand for select assets and calculated as the percentage of total fresh water consumed.
- Includes water withdrawn from saline/brackish groundwater aquifers and seawater.
- Includes produced water recycled for production (e.g. steam generation) or completions (e.g. hydraulic fracturing) and produced water reused for enhanced oil recovery.
- Calculated using Enverus data for the average volume of fresh water (BBL) divided by the average estimated ultimate recovery (EUR, BOE) as of April 1, 2024. Intensity value may change as EUR data are updated.
- Calculated using the average volume of fresh water (BBL) divided by the average annual production (BOE).
- Operated lease area overlapping with IUCN I-VI protected areas based on World Database on Protected Areas accessed on Dec. 31, 2023.
- Cumulative acreage includes impact avoidance, grassland and wetland restoration, habitat conservation, biodiversity offsets and voluntary conservation areas.
- Operated assets with species observed or known to occur based on IUCN Red List of Threatened Species mapping tool accessed on Dec. 31, 2023.
- The term “environment” refers to the natural environment, including soil, surface water, groundwater and ice-affected surfaces.
- No spills in this section were deemed as to the environment, per local regulatory requirements.
- Regulatory definitions for hazardous and nonhazardous waste vary between countries and jurisdictions. Data is based on country and jurisdictional definitions.
- The variance in waste volumes is due primarily to increased well production and an improved methodology to determine waste quantities and the allocation of hazardous and recycled waste in the Canadian and Lower 48 Business Units.
- Rate of process safety events of greater consequence as defined by API 752 and IOGP 456 Standards.
- Payments to vendors and suppliers is an estimate based on Production and Operating Expenses and Capital Program.
- Employee headcount based on active employees as of Dec. 31, 2023.
- U.S. workforce demographics account only for self-reported data.
- POC: People of Color (includes ethnic/racial groups defined per the U.S. Census).
- As of Dec. 31, 2023.
- Production data is average daily net production from continuing operations.
- Data is normalized using barrels of oil equivalent (BOE) from production operations, including gas plant liquid production of ethane, propane, butane and condensate and production from third-party gas not accounted for in production operations. For gas production, 6,000 standard cubic feet of gas is assumed to equal one BOE.
- In the 20 lowest-ranked countries per Transparency International's Corruption Perception Index.
REFERENCE: UNITS OF MEASURE
MBD - Thousands of Barrels per Day
MBOED - Thousands of Barrels of Oil Equivalent per Day
MMCFD - Millions of cubic feet per day. Represents quantities available for sale and excludes gas equivalent of natural gas liquids.
MMBTU - Millions of British Thermal Units