ConocoPhillips Expects Higher Production in 2025

ConocoPhillips Expects Higher Production in 2025

February 7, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Production of oil and natural gas for 2025 is expected to be higher than year-ago levels, even with the impacts of weather and planned maintenance, ConocoPhillips (NYSE:COP) (Houston, Texas) said.

Conoco said Thursday that production last year averaged 1.9 million barrels of oil equivalent per day (Boe/d) in 2024, a 9% increase from prior-year levels when discounting the impacts of closed acquisitions.

Other companies featured: Chevron Corporation (NYSE:CVX), Exxon Mobil Corporation (NYSE:XOM) and Halliburton Company (NYSE:HAL)

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