Operator
ConocoPhillips
Acquired in August 2025 by Flywheel Energy LLC. The snapshot below reflects historical activity.
About
Exploration & Production
- WebsiteVisit →
- TickerNYSE
- AddressHouston
- Phone281 293 1000
- Acquired byFlywheel Energy LLC
- People on file28 contacts
Acquisition chain
Forward & backward M&A lineage
Drilling activity
Recent rig presence by basin
Recent activity

Deal Rumor: ConocoPhillips Exploring $2B Permian Asset Sale
ConocoPhillips is reportedly exploring the potential sale of certain Permian Basin assets in a transaction valued at approximately $2 billion, according to Reuters, citing sources familiar with the...

ConocoPhillips to divest Anadarko Basin asset for $1.3B
ConocoPhillips (“COP”) agreed to sell an Anadarko Basin position for $1.3 billion. The package was part of the Marathon Oil assets COP picked up and is now carving...

ConocoPhillips First Quarter 2023 Results
ConocoPhillips announced first quarter 2023 results. Highlights Delivered record company and Lower 48 production of 1,792 thousand barrels of oil equivalent per day (MBOED) and 1,036 MBOED, respectively....

ConocoPhillips Fourth Quarter, Full Year 2022 Results; IDs $11B 2023 Capex
ConocoPhillips reported its fourth quarter and full year 2022 results. It also detailed its 2023 capital outlook. Outlook The company's 2023 total capital expenditure guidance is $10.7 to...

ConocoPhillips Third Quarter 2022 Results
ConocoPhillips reported its third quarter 2022 results. The company reported third-quarter 2022 earnings of $4.5 billion, or $3.55 per share, compared with third-quarter 2021 earnings of $2.4 billion,...
Deals
Filter: Barnett Shale
Flywheel Energy LLC — backed by Stone Ridge Energy — acquired approximately 300,000 net acres in the Oklahoma Anadarko Basin from…
ConocoPhillips said it will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 billion, inclusive of $5.4…
Diversified Energy Company PLC has agreed to acquire certain upstream assets and related facilities in Oklahoma and Texas from…
ConocoPhillips has entered into an agreement with MedcoEnergi to sell certain Indonesian assets for $1.355 billion. Conoco will sell the…
ConocoPhillips has acquired an additional 10% shareholding interest in Australia Pacific LNG (APLNG) from Origin Energy for $1.4 billion…
Permits
Filter: Barnett Shale
No active permits in Barnett Shale
Operations transferred to Flywheel Energy LLC. Live permits sit under the successor.
Assets
Filter: Barnett Shale