Conocophilipsusa.com Website Review

a history of development and exploration for over 43 years.. a respected name in the independent oil and gas business for three generations. conocophillips invests early in emerging plays and acquires leases as early as possible with the idea of accu*ulating as much acreage as conocophillips is the second company to drill a horizontal well in the barnett shale, after devon. conocophillips’s team has drilled wells conocophillips has developed an operational team that has been very successful in drilling the initial wells, de-risking the play and building the infrastructure necessary to successfully produce and market oil and gas. the conocophillips oil & gas family has beein involved in the oil field service industry since the late 1970s.. conocophillips partners with houston based, privately held oil & gas company to develop lower cotton valley gas reserves in east texas. the company acquired a 75% working interest and operations in the project involving 23,500 acres of leases on two prospects in east texas. the companies plan on drilling seven horizontal wells in 2017.