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CLAIM #16419 · ConocoPhillips (COP) · 2024Q3 earnings call · Oct 31, 2024 · due Dec 31, 2024

And then if you look at kind of 4Q, it's going to be more ratable like 1% quarter-over-quarter, and then total year, it will be 5% overall growth for Lower 48.

Nick Olds · EVP of Lower 48

PENDING
graded after results covering Dec 31, 2024 are reported

In context

al, in that. And then as we typically and historically see with Eagle Ford, we get flush production as we start that asset back up coming out of maintenance. And so you get to see -- you do see flush production in 3Q bolstering that. And then we waited to start up a number of wells until post turnaround in Eagle Ford. And so you're seeing some lumpiness in overall number of wells online there. On the Permian side, really good production there. We got 8% year-over-year for the third quarter. If you look at for the full year, the 6% and great wells in Delaware and Midland Basin. We had a number of 3-mile laterals in Midland Basin that has a very strong performance in 3Q. In 3Q itself, just to remember, there's probably a high number of wells online and that's going to create some lumpiness. And then if you look at kind of 4Q, it's going to be more ratable like 1% quarter-over-quarter, and then total year, it will be 5% overall growth for Lower 48. As Ryan mentioned, great quarter. Just shout out to the teams, we're running extremely well. Operator: Our next question comes from Josh Silverstein with UBS. Josh Silverstein : You made some working interest acquisitions up in Alaska this quarter. Can you just talk about other opportunities like this that exist across your asset base? You've done it in Surmont and APLNG over the past few years. Just curious what else may be out there. Ryan Lance : Yes, Josh, we did. Look, we watch all of this and I can have Kirk describe what happened in Alaska. You quite never know when these things are going to come about that we have ROFRs or right of first refusal across a lot of our assets. And you never know when decisions made by partners to make a change. And we take advantage of those when they

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SEC filings for COP · Claim quote is verbatim from the 2024Q3 earnings call.