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Operator · Barnett Shale, Cardium Shale & Duvernay Shale

ConocoPhillips

14 buyer-side · 50 seller-side · 11 chain hops

M&A chain

Lineage of ConocoPhillips walked through the transactions ledger. Earliest predecessor at the top; most recent owner at the bottom. Each counterparty exposes deep links so you can pivot into their drilling activity, news, assets and people without leaving the chain.

  1. Predecessor (acquired by this company)

    Coterra Energy

    Transaction Overview Devon and Coterra have agreed to merge in an all-stock transaction that will create a large-cap U.S. shale operator with a premier position in the Delaware Basin. The combined company will retain…

  2. Predecessor (acquired by this company)

    Devon Energy Corp

    Carrizo Oil & Gas has agreed to acquire Delaware Basin properties from Devon Energy for $215 million in cash. This deal closed on October 19, 2018. Deal Highlights: Approximately 10,600 gross (9,600 net) acres located…

  3. Predecessor (acquired by this company)

    Carrizo Oil & Gas Inc.

    Reliance Industries Ltd., Mumbai, has taken another step into US unconventional resource plays by entering a venture that envisions the drilling of 1,000 wells in the Marcellus shale fairway. A subsidary, Reliance…

  4. Predecessor (acquired by this company)

    Reliance Industries Limited

    PE-backed Ensign Natural Resources announced the purchase of assets in the Eagle Ford Shale from Reliance Eagleford Upstream Holding LP . The Reliance acquisition includes approximately 62,000 net acres in Bee, DeWitt…

  5. Predecessor (acquired by this company)

    Ensign Natural Resources LLC

    Marathon Oil said it it acquiring the Eagle Ford Asset from Warbug & Kayne-Anderson-backed Ensign Natural Resources. As one might remember, Ensign initially acquired its position from Pioneer who had a JV with Reliance…

  6. Predecessor (acquired by this company)

    Marathon Oil Corp

    ConocoPhillips said it will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 billion, inclusive of $5.4 billion of net debt. Marathon Oil shareholders will receive 0.2550 shares of…

  7. This company

    ConocoPhillips

  8. Acquirer

    Flywheel Energy LLC

    Flywheel Energy LLC — backed by Stone Ridge Energy — acquired approximately 300,000 net acres in the Oklahoma Anadarko Basin from ConocoPhillips for $1.3 billion in cash. The assets produce approximately 39,000 Boe/d…

  9. Acquirer

    Northern Oil and Gas, Inc.

    Northern Oil and Gas, Inc. has signed a deal to acquire the Williston Basin properties of VEN Bakken LLC, a subsidiary of Flywheel Bakken LLC (formerly Valorem Energy) for $180 million in cash/stock. Flywheel is a…

  10. Acquirer

    Brigham Exploration Co.

    Brigham Exploration Company announced the closing of a joint venture agreement with Northern Oil and Gas providing for Brigham's participation in approximately 30,300 gross and 24,350 net acres in the Williston Basin…

  11. Acquirer

    Equinor

    Statoil ASA and Brigham Exploration Company announced that they have entered into a merger agreement for Statoil to acquire all of the outstanding shares of Brigham for USD 36.5 per share through an all-cash tender…

  12. Acquirer

    Vista Energy

    Vista Energy and its subsidiary Vista Energy Argentina SAU entered into a series of agreements to acquire Equinor's entire onshore position in Argentina's Vaca Muerta basin for total consideration of approximately $1.1…

Acquisitions (Buyer)

ConocoPhillips to Acquire Marathon In a Deal Worth $22 Billion May 29, 2024 · $22000M

ConocoPhillips said it will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 billion, inclusive of $5.4 billion of net debt. Marathon Oil…

Conoco Ups Ante in Australian Pacific LNG Project in $1.4B Cash Deal Dec 8, 2021 · $1400M

ConocoPhillips has acquired an additional 10% shareholding interest in Australia Pacific LNG (APLNG) from Origin Energy for $1.4 billion, which will be funded from cash on the…

Shell Sells Permian Portfolio to ConocoPhillips for $8.6 Billion in Cash Sep 20, 2021 · $8600M

Shell Enterprises LLC, a subsidiary of Royal Dutch Shell plc, has reached an agreement for the sale of its Permian business to ConocoPhillips for $8.6 billion in cash (adjusted…

Conoco to Acquire Concho Resources in $9.7B All-Stock Transaction Oct 19, 2020 · $9700M

ConocoPhillips has agreed to acquire Permian competitor Concho Resources, confirming last week's speculation of a potential takeover deal involving the two companies. Upon close…

ConocoPhillips Bolts-On Montney Property for $390MM Cash Jul 22, 2020 · $390M

ConocoPhillips has signed an agreement to acquire additional Montney acreage in Canada from Kelt Exploration Ltd. for $390 million in cash (up from $375MM originally), plus the…

Conoco, Wintershall Team Up in the Vaca Muerta; Ink JV Deal Jul 25, 2019

Wintershall and ConocoPhillips have signed an agreement to jointly develop the Aguada Federal and Bandurria Norte blocks in the central Argentine province of Neuquén. The JV will…

Conoco Acquires 39% Stake in Alaska's Kuparuk Area from BP Jul 3, 2018

ConocoPhillips has agreed to acquire BP's 39.2% interest in the Greater Kuparuk Area in Alaska and BP's 38% interest in the Kuparuk Transportation Company for an undisclosed…

Conoco Acquires 22% Interest in Alaska Property for $400MM Feb 1, 2018 · $400M

Conoco reported in its year-end 2017 report that it has agreed to acquire a "bolt on" 22% nonop interest in the Western North Slope of Alaska as well as interest in the Alpine…

Conoco Ups Ante in the Montney; Acquires Acreage for $120MM Apr 3, 2018 · $120M

Conoco recently announced it has acquired about 35,000 net acres in the Montney play in Canada for approximately $120 million. This additional acreage is adjacent to the company's…

Conoco Picks Up Sizable Louisiana Austin Chalk Position Dec 31, 2017

In an April 3, 2018 news release, ConocoPhillips announced that it had acquired approximately 245,000 net acres of early life-cycle unconventional acreage in the Lower 48 for very…

Polar Petroleum Sells Alaskan Seismic Data to Conoco Oct 21, 2013

Polar Petroleum Corp. has entered into a charter agreement seismic data use license on August 28, 2013 with ConocoPhillips Company and ConocoPhillips Alaska, Inc. to purchase a…

ConocoPhillips, Canacol Join Forces for Shale Oil Project Feb 27, 2013

Canacol Energy Ltd. has reported that its wholly-owned subsidiary, Canacol Energy Colombia S.A. (CEC), has entered into a farm-out agreement (the FOA) with ConocoPhillips Colombia…

ConocoPhillips Acquires Niobrara Acerage From Lario Jul 29, 2011

ConocoPhillips agreed to acquire up to 46,000 net acres of leasehold in the Niobrara play from Lario Oil & Gas Co. in the Colorado counties of Arapahoe, Adams, Elbert and Douglas…

ConocoPhillips acquires Burlington Resources Feb 1, 2006 · $35600M

ConocoPhillips and Burlington Resources Inc. have signed a definitive agreement under which ConocoPhillips will acquire Burlington Resources in a transaction valued at $35.6…

Divestitures (Seller)

Flywheel Energy Acquires ConocoPhillips' Oklahoma Anadarko Basin Assets for $1.3B Aug 7, 2025 · $1300M

Flywheel Energy LLC — backed by Stone Ridge Energy — acquired approximately 300,000 net acres in the Oklahoma Anadarko Basin from ConocoPhillips for $1.3 billion in cash. The…

ConocoPhillips to Acquire Marathon In a Deal Worth $22 Billion May 29, 2024 · $22000M

ConocoPhillips said it will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 billion, inclusive of $5.4 billion of net debt. Marathon Oil…

Diversified Picks Up MidCon Assets from Conoco for $240 Million Jul 28, 2022 · $240M

Diversified Energy Company PLC has agreed to acquire certain upstream assets and related facilities in Oklahoma and Texas from ConocoPhillips for $240 million. Deal Details…

Conoco Ups Ante in Australian Pacific LNG Project in $1.4B Cash Deal Dec 8, 2021 · $1400M

ConocoPhillips has acquired an additional 10% shareholding interest in Australia Pacific LNG (APLNG) from Origin Energy for $1.4 billion, which will be funded from cash on the…

Conoco Sells Indonesian Assets to Medco Energi for $1.335 Billion Dec 8, 2021 · $1335M

ConocoPhillips has entered into an agreement with MedcoEnergi to sell certain Indonesian assets for $1.355 billion. Conoco will sell the subsidiary that indirectly owns the…

Shell Sells Permian Portfolio to ConocoPhillips for $8.6 Billion in Cash Sep 20, 2021 · $8600M

Shell Enterprises LLC, a subsidiary of Royal Dutch Shell plc, has reached an agreement for the sale of its Permian business to ConocoPhillips for $8.6 billion in cash (adjusted…

Contango Acquires Gassy Wind River Basin Assets from Conoco Jul 8, 2021 · $67M

Contango Oil & Gas Co. has entered into an agreement to acquire low decline, conventional gas assets in the Wind River Basin of Wyoming from ConocoPhillips for $67 million in…

Conoco to Acquire Concho Resources in $9.7B All-Stock Transaction Oct 19, 2020 · $9700M

ConocoPhillips has agreed to acquire Permian competitor Concho Resources, confirming last week's speculation of a potential takeover deal involving the two companies. Upon close…

ConocoPhillips Bolts-On Montney Property for $390MM Cash Jul 22, 2020 · $390M

ConocoPhillips has signed an agreement to acquire additional Montney acreage in Canada from Kelt Exploration Ltd. for $390 million in cash (up from $375MM originally), plus the…

W&T Offshore Acquires Additional WI in GOM Magnolia Field Mar 5, 2020 · $20M

On March 4, 2020, W&T Offshore Inc. recently signed a purchase and sale agreement to acquire the remaining 25% working interest in the Magnolia Field area of the GOM friom…

PE-backed Crestone Peak Acquires ConocoPhillips DJ Basin Asset Mar 5, 2020 · $379M

Crestone Peak Resources, which is backed by CPPIB & Broe Group, has agreed to acquire ConocoPhillips' Niobrara assets located in the southern Denver-Julesburg (D-J) Basin (map…

Conoco Sells GOM Property to W&T in $20MM Deal Dec 13, 2019 · $20M

W&T Offshore, Inc. has acquired an oil-weighted producing property from ConocoPhillips for $20 million. The property is comprised of a 75% working interest in and operatorship of…

Conoco Sells Australian Assets to Santos for $1.39B Oct 14, 2019 · $1390M

ConocoPhillips has agreed to sell the subsidiaries that hold its Australia-West assets and operations to Santos for $1.39 billion. This deal closed on May 27, 2020. In connection…

Conoco, Wintershall Team Up in the Vaca Muerta; Ink JV Deal Jul 25, 2019

Wintershall and ConocoPhillips have signed an agreement to jointly develop the Aguada Federal and Bandurria Norte blocks in the central Argentine province of Neuquén. The JV will…

Conoco to Sell Entire UK Portfolio / Subsidiaries for $2.675B Apr 18, 2019 · $2675M

ConocoPhillips has agreed to sell two ConocoPhillips United Kingdom (U.K.) subsidiaries to Chrysaor E&P Limited for $2.675 billion. This deal closed on September 30, 2019…

Conoco Selling 30% Stake in Australian Sunrise Project to Timor-Leste Government Oct 1, 2018 · $350M

ConocoPhillips has entered into an agreement to sell its 30% interest in the Greater Sunrise Fields to the government of Timor-Leste. The total sales price is $350 million…

Conoco Sells Off Barnett Shale Assets for $230 Million Aug 2, 2018 · $230M

ConocoPhillips has agreed to sell its interests in the Barnett shale play to Lime Rock Resources for approximately $230 million. This deal closed on November 1, 2018. Proceeds…

Conoco Acquires 39% Stake in Alaska's Kuparuk Area from BP Jul 3, 2018

ConocoPhillips has agreed to acquire BP's 39.2% interest in the Greater Kuparuk Area in Alaska and BP's 38% interest in the Kuparuk Transportation Company for an undisclosed…

Conoco Agrees to Sell North Sea Subsidiary to BP Jul 3, 2018

ConocoPhillips has entered into an agreement to sell a ConocoPhillips subsidiary to BP for an undisclosed price. The subsidiary will hold a 16.5% interest in the BP-operated Clair…

Conoco Sells Non-Core Permian, South TX Assets for $250MM Apr 3, 2018 · $250M

ConocoPhillips has reported that in the first quarter of 2018, the company closed or entered definitive agreements for approximately $250 million of proceeds from the sale of…

Conoco Ups Ante in the Montney; Acquires Acreage for $120MM Apr 3, 2018 · $120M

Conoco recently announced it has acquired about 35,000 net acres in the Montney play in Canada for approximately $120 million. This additional acreage is adjacent to the company's…

Conoco Acquires 22% Interest in Alaska Property for $400MM Feb 1, 2018 · $400M

Conoco reported in its year-end 2017 report that it has agreed to acquire a "bolt on" 22% nonop interest in the Western North Slope of Alaska as well as interest in the Alpine…

Conoco Picks Up Sizable Louisiana Austin Chalk Position Dec 31, 2017

In an April 3, 2018 news release, ConocoPhillips announced that it had acquired approximately 245,000 net acres of early life-cycle unconventional acreage in the Lower 48 for very…

Conoco Sells Texas Panhandle Assets for $184 Million Aug 1, 2017 · $184M

[Summary: In its Q2 2017 report, ConocoPhillips announced that it reached an agreement to sell assets in the Texas Panhandle for $184 million to an undisclosed buyer. Other…

Conoco Unloads Barnett Shale Interests for $305 Million Jun 29, 2017 · $305M

Conoco has entered an agreement to sell its Barnett shale interests to an affiliate of Miller Thomson & Partners LLC for $305 million. Full-year 2016 production associated with…

Hilcorp Acquires San Juan From ConocoPhillips For $2.5 Billion Apr 13, 2017 · $2500M

Hilcorp San Juan, L.P., a partnership between Hilcorp Energy and Carlyle Group, is acquiring ConocoPhillip's San Juan Basin Asset for $2.5 billion in cash and stock. In 2016…

Conoco Sells Oil Sands & Deep Basin Assets For $13.3 Billion Mar 29, 2017 · $13300M

ConocoPhillips has agreed to sell its Deep Basin and Oil Sands assets to Cenovus for $13.3 billion in cash and stock. Transaction SummaryOil Sands 50% Working Interest in FCCL 178…

Conoco Divests Offshore Senegal Interests in Deal with Woodside Jul 14, 2016 · $440M

Closing Announcement - October 28, 2016 ConocoPhillips has completed a transaction for the sale of its shares in ConocoPhillips Senegal BV, which holds a 35 percent interest in…

Tanos Acquires East Texas Assets from Conoco, Fidelity May 12, 2016

Tanos Energy has recently closed on the acquisition of assets located primarily in East Texas and North Louisiana from ConocoPhillips Company and Fidelity Exploration and…

Spectra Energy to Acquire BIG Pipeline from ConocoPhillips Jan 23, 2015

Spectra Energy Corp and Spectra Energy Partners announced that, through their affiliate, Spectra Energy Transmission II, LLC (SET), they have entered into a purchase and sale…

Oando Buys Out Conoco's Nigerian Upstream Business Jun 18, 2014 · $1500M

Closing Announcement - July 30, 2014 ConocoPhillips has completed the transaction with Oando Energy Resources (OER), a subsidiary of Oando PLC, for the sale of its Nigeria…

Polar Petroleum Sells Alaskan Seismic Data to Conoco Oct 21, 2013

Polar Petroleum Corp. has entered into a charter agreement seismic data use license on August 28, 2013 with ConocoPhillips Company and ConocoPhillips Alaska, Inc. to purchase a…

ConocoPhillips Sells Midstream Sector in Trinidad and Tobego Aug 19, 2013 · $600M

ConocoPhillips has closed a transaction with the National Gas Company of Trinidad and Tobago Limited (NGC) for the sale of its wholly owned subsidiary, Trinidad and Tobago…

Conoco to Divest Clyden Oil Sands Lease Aug 8, 2013 · $720M

ConocoPhillips has entered into an agreement to sell its 100 percent interest in the Clyden oil sands leasehold to Imperial Oil and ExxonMobil Canada for approximately $720…

ConocoPhilips Sale in Kazakhstan Pre-empted Following Kazakh Law Jul 2, 2013 · $5000M

ConocoPhillips today confirmed receiving official notification that the Kazakhstan Ministry of Oil and Gas is exercising its right under the Subsoil Law of Kazakhstan to pre-empt…

Core Energy Enters Agreement to Acquire Norwegian Assets May 21, 2013

Core Energy today announces that it has entered into agreements to acquire a 12% interest in the producing Njord field from GDF SUEZ E&P Norge AS and a 20% interest in the Bøyla…

ConocoPhillips, Canacol Join Forces for Shale Oil Project Feb 27, 2013

Canacol Energy Ltd. has reported that its wholly-owned subsidiary, Canacol Energy Colombia S.A. (CEC), has entered into a farm-out agreement (the FOA) with ConocoPhillips Colombia…

Kazakh State Oil Buys Stake in Nursultan Caspian Block From ConocoPhillips Jan 30, 2013

Kazakhstan's state oil company KazMunaiGas KMG.UL has bought a 24.5-percent stake held by U.S. energy major ConocoPhillips in the Nursultan offshore oil block in the Caspian, KMG…

ConocoPhillips to Shed Cedar Creek Anticline Assets for $1.05B Jan 15, 2013 · $1050M

ConocoPhillips has entered into an agreement to sell its properties in the Cedar Creek Anticline for a total of $1.05 billion before customary adjustments. ConocoPhillips has…

ConocoPhillips to Sell Algerian Business Unit in $1.75B Deal Dec 17, 2012 · $1750M

ConocoPhillips has entered into an agreement to sell its Algerian business unit for a total of $1.75 billion plus customary adjustments. The proposed sale is subject to…

Conoco Sells Interest in North Caspian to ONGC Nov 26, 2012 · $5000M

ConocoPhillips said it plans to sell its 8.4% interest in Kazakhstan's Kashagan offshore oil field to India's ONGC Videsh Ltd. for $5 billion. The company expects proceeds of…

ConocoPhillips Sells Exploration Interest to Gran Tierra Oct 5, 2012

ConocoPhillips today announced a decision not to pursue further exploration activities in Peru Blocks 123 and 129. This decision to withdraw as operator and opt out of the next…

Conoco Lets go of Interest to Lukoil Aug 23, 2012

ConocoPhillips said it will sell its indirect 30 percent interest in a joint venture in Russia to partner Lukoil, making Russia’s second oil producer the sole owner of the the…

ONGC, Indian Oil buy stake from Conoco Alberta Oil Jul 10, 2012 · $5000M

State-run oil majors Oil and Natural Gas Corporation of India (ONGC), Indian Oil Corporation (IOC), and Oil India (OIL) have formed a consortium to place the binding offer for a…

Oil India Aims at Stake In ConocoPhillips, Chesapeake May 29, 2012 · $1270M

Oil India Ltd. said Monday it is in talks to buy stakes in ConocoPhillips’s oil sand assets in Canada, Chesapeake Energy Corp.’s Mississippi Lime formation in the U.S. and the…

ConcoPhillips Sells Vietnam Asset to Perenco Feb 12, 2012 · $1200M

ConocoPhillips agreed to sell its assets in Vietnam to a unit of French oil and natural gas company Perenco SA for roughly $1.29 billion, part of ongoing efforts to slim down its…

ConocoPhillips Acquires Niobrara Acerage From Lario Jul 29, 2011

ConocoPhillips agreed to acquire up to 46,000 net acres of leasehold in the Niobrara play from Lario Oil & Gas Co. in the Colorado counties of Arapahoe, Adams, Elbert and Douglas…

ConocoPhillips Announces Plan to Sell Assets Over Next Two Years Mar 23, 2011 · $5000M

ConocoPhillips, Houston, provided new information regarding sources of future reserves and production growth during its annual presentation to the financial community on March 23…

KKR Natural Resources Acquires Barnett Shale Properties from ConocoPhillips Jan 26, 2011

Kohlberg Kravis Roberts & Co.(together with its affiliates, "KKR") announced today that KKR has acquired certain Barnett Shale properties (the "Assets") from ConocoPhillips…

TransCanada Acquires Remaining Keystone Pipeline Interest Jun 18, 2009 · $770M

TransCanada Corp. reached agreement with ConocoPhillips to buy its remaining interest in the Keystone pipeline system for roughly $550 million plus the assumption of $200 million…