ConocoPhillips explores divestment of Permian Basin properties
Talks on a possible sale are at an early stage, with no certainty that ConocoPhillips will complete a transaction.
23 February 2026
23 February 2026
Talks on a possible sale are at an early stage, with no certainty that ConocoPhillips will complete a transaction.
The companies will assess multi-stage fracturing, acid stimulation and cementing technologies for selected onshore oil and gas fields.
The amended Jubilee development plan will add up to 20 wells and is expected to increase the company’s 2P reserves.
The Willow project in the National Petroleum Reserve-Alaska could produce up to 180,000bopd.
The approval allows Inpex to advance with drilling, construction, operation of production facilities and development of a natural gas liquefaction plant.
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