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ConocoPhillips’s Disposition Adjusted Production Comparison

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ConocoPhillips’s disposition adjusted production

ConocoPhillips’s (COP) 3Q16 production of 1,557 Mboe (thousand barrels of oil equivalent) per day is ~5.0% higher than its 3Q15 disposition adjusted production of 1,484 Mboe per day.

In the last year, ConocoPhillips’s dispositions reflect the impact of asset sales in the Lower 48, Canada, Polar Lights, and Alaska of 35, 29, 4, and 2 Mboe, respectively.

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Other upstream players

Many other upstream companies such as Marathon Oil (MRO), Southwestern Energy (SWN), and Murphy Oil (MUR) have carried out asset dispositions in order to raise cash to deal with lower energy prices.

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