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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

Deals

Filter: Cardium Shale

Flywheel Energy Acquires ConocoPhillips' Oklahoma Anadarko Basin Assets for $1.3B Aug 2025

Flywheel Energy LLC — backed by Stone Ridge Energy — acquired approximately 300,000 net acres in the Oklahoma Anadarko Basin from…

ConocoPhillips to Acquire Marathon In a Deal Worth $22 Billion May 2024

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 Picks Up MidCon Assets from Conoco for $240 Million Jul 2022

Diversified Energy Company PLC has agreed to acquire certain upstream assets and related facilities in Oklahoma and Texas from…

Conoco Sells Indonesian Assets to Medco Energi for $1.335 Billion Dec 2021

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

Conoco Ups Ante in Australian Pacific LNG Project in $1.4B Cash Deal Dec 2021

ConocoPhillips has acquired an additional 10% shareholding interest in Australia Pacific LNG (APLNG) from Origin Energy for $1.4 billion…

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Permits

Filter: Cardium Shale

No active permits in Cardium Shale

Operations transferred to Flywheel Energy LLC. Live permits sit under the successor.

Assets

Filter: Cardium Shale

Cardium Shale 204 ac

All assets →

Capital raised

ConocoPhillips Launches $1.5B Share Buyback Program Mar 10, 2021 · $1,500M · Buy Back
Conoco to Buy Back $3.0 Billion Worth of Shares in 2020 Oct 7, 2019 · $3,000M · Buy Back

Regions of activity