Other International & Exploration
ConocoPhillips has explored for crude oil and natural gas beyond existing business units for several decades, with international positions that comprise the Other International segment.
In 2021, the company’s Other International segment included conventional and unconventional exploration opportunities in Argentina, Morocco and Colombia, as well as contingencies associated with prior operations in other countries. As a result of the completed Concho acquisition on Jan. 15, 2021, the company refocused its exploration program and announced an intent to pursue a managed exit from certain areas. By year-end 2021, the sale of the Argentina positions was completed and the Phase 1 work program in Morocco was delivered.