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Permian Basin Oil and Gas Magazine

PBOG is the Official Publication of the Permian Basin Petroleum Association and is published monthly by Zachry Publications, LP.

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ConocoPhillips reports record production in Q3 for lower 48

December 1, 2022 by PBOG

Houston-based ConocoPhillips said Nov. 3 its lower 48 assets delivered record production in 2022Q3 of 1.013 million boed, including 668,000 boed from Permian Basin and 224,000 boed from Eagle Ford.  The company said this was its first lower 48 production of more than one million boed, and it contributed to a company record global production of 1.754 million boed (increase of 210,000 boed from 2021Q3) while successfully completing planned maintenance turnarounds.  Production for 2022Q4 is expected to be 1.74 million to 1.80 million boed.

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