ConocoPhillips
ConocoPhillips has a time-honored tradition of placing safety, health and environmental stewardship at the top of their operating priorities. This will not change as we move forward as an independent company. Our technical capability, asset quality and scale, and financial strength are unmatched among independent upstream companies and uniquely position us to compete anywhere in the world.
Across our 30 countries of operations, over 17,000 men and women work in a truly integrated way to find and produce oil and natural gas. Our technical capabilities, asset quality and scale, and financial strength are unmatched among independent exploration and production companies and uniquely position us to compete around the world.
ConocoPhillips is committed to the efficient and effective exploration and production of oil and natural gas. Producing oil and natural gas and getting them to market takes ingenuity, technology and investment. Our innovative, collaborative efforts yield products that improve quality of life globally while producing economic benefits with far-reaching influence.
Focus
Past deals in Alaska
Modumetal, Inc.
Venture Round in 2019
Modumetal has enabled a revolutionary new class of nanolaminated materials with broad application in structural, corrosion and high temperature performance of coatings, bulk materials and parts
Modumetal is based on the interaction of different materials at their interfaces. By laminating metals, Modumetal creates a new way to influence material properties. By growing metal using low-cost electrochemical methods, Modumetal enables a whole new class of applications of these materials.
Modumetal is currently producing nanolaminated alloys for applications in construction, energy and aerospace markets.
Cool Planet Energy Systems, Inc.
Series D in 2013
Cool Planet is a technology company that develops sustainable products to address energy, food, and water. It commercializes a groundbreaking technology that produces engineered biocarbon and renewable, carbon-negative fuel from biomass.
It was founded in 2009 and in headquartered Colorado, Mexico.
Skyonic
Series C in 2012
Skyonic Corporation develops SkyMine patented technologies that capture flue gases that would otherwise release CO2 into the environment and transforms them into solid carbonate materials, such as sodium bicarbonate (baking soda), hydrochloric acid, and household bleach. Its technologies are used in industrial manufacturing facilities, cement plants, refineries, steel mills, and other power plants. The company was founded in 2005 and is based in Austin, Texas.
Modumetal, Inc.
Venture Round in 2012
Modumetal has enabled a revolutionary new class of nanolaminated materials with broad application in structural, corrosion and high temperature performance of coatings, bulk materials and parts
Modumetal is based on the interaction of different materials at their interfaces. By laminating metals, Modumetal creates a new way to influence material properties. By growing metal using low-cost electrochemical methods, Modumetal enables a whole new class of applications of these materials.
Modumetal is currently producing nanolaminated alloys for applications in construction, energy and aerospace markets.
Accend
Series A in 2013
Accend, Inc. develops software solutions for the oil drilling industry in the United States. The company’s software provides petroleum well data, drilling permits data, and interactive mapping and notifications. It also offers enterprise data collection and application development services. The company was incorporated in 2012 and is based in Austin, Texas.
Ziebel AS
Venture Round in 2014
Founded in Stavanger, Norway in 2006, Ziebel provides specialist well intervention services to the global oil and gas industry. Ziebel is dedicated to enhancing production effectively and economically through its pioneering well intervention technologies, including the Z-System™. This proprietary fiber optic composite rod technology makes it possible to access and visualize the entire well bore in real-time.
Ekona Power
Series A in 2022
Ekona Power Inc. creates a solution for producing industrial scale hydrogen. It serves industrial H2 consumers, and natural gas transmission and distribution companies. The company is based in Vancouver, Canada.
Cool Planet Energy Systems, Inc.
Series D in 2014
Cool Planet is a technology company that develops sustainable products to address energy, food, and water. It commercializes a groundbreaking technology that produces engineered biocarbon and renewable, carbon-negative fuel from biomass.
It was founded in 2009 and in headquartered Colorado, Mexico.
General Compression
Series B in 2012
Recognizing that the key to expanding clean power is stabilizing power output from wind and other variable sources, we are developing the General Compression Advanced Energy Storage (GCAESTM) system to store large quantities of energy from wind farms and make it available on demand. General Compression plans to commence construction of its first commercial project in autumn 2011, and is working in partnership with major utilities, independent power producers (IPPs), and gas storage operators to evaluate several sites in North America where GCAESâ„¢ can firm intermittent power and shape grid power capacity.
Ingenu Inc.
Series C in 2013
Ingenu Inc. develops a wireless machine network that enables long-range connectivity for Internet of Things. Its technology is used for connecting IoT and machine-to-machine devices. The company serves asset tracking, agriculture, connected cars, digital oil field, environmental monitoring, insurance, and fleet management industries. Ingenu Inc. was founded in 2008 and is based in San Diego, California. On July 27, 2020, Ingenu Inc. filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of California.
Burlington Resources
Acquisition in 2006
Burlington Resources, was an American oil and gas company. Their headquarters were in Houston, Texas.
Saltworks Technologies
Venture Round in 2014
Saltworks provides advanced solutions for treating the toughest waters. We supply innovative systems with smart design and intelligent automation that make clean water, concentrate brine, extract contaminants, and perform zero liquid discharge. With plants sold worldwide, we have an established history of designing, building, and operating full-scale industrial wastewater treatment systems.
Tosco Corporation
Acquisition in 2001
Tosco was an independent US based petroleum refining and marketing corporation. It was founded in 1955 and grew to become the largest independent oil refining and fuel marketer in the United States during the 1990s, with more than 5,000 Circle K, Union 76, BP, Exxon, and Shell convenience store and service stations. Tosco merged with Phillips Petroleum in 2001. Phillips merged with Conoco in 2002 to become ConocoPhillips, who spun off the Circle K stores to Canadian-based Alimentation Couche-Tard.
Modumetal, Inc.
Venture Round in 2019
Modumetal has enabled a revolutionary new class of nanolaminated materials with broad application in structural, corrosion and high temperature performance of coatings, bulk materials and parts
Modumetal is based on the interaction of different materials at their interfaces. By laminating metals, Modumetal creates a new way to influence material properties. By growing metal using low-cost electrochemical methods, Modumetal enables a whole new class of applications of these materials.
Modumetal is currently producing nanolaminated alloys for applications in construction, energy and aerospace markets.
Skyonic
Venture Round in 2014
Skyonic Corporation develops SkyMine patented technologies that capture flue gases that would otherwise release CO2 into the environment and transforms them into solid carbonate materials, such as sodium bicarbonate (baking soda), hydrochloric acid, and household bleach. Its technologies are used in industrial manufacturing facilities, cement plants, refineries, steel mills, and other power plants. The company was founded in 2005 and is based in Austin, Texas.
MAANA, Inc.
Series A in 2015
MAANA, Inc. designs and develops industrial data analytics and digital knowledge technology software solutions. The company offers Maana Knowledge Platform, a knowledge-centric platform for operational problem solving; and Knowledge Graph, a platform for extracting knowledge from data and information sources for relationships within the context of an asset or process. It serves industrial field services and maintenance, sales, logistics, finance, risk and compliance sectors, and oil and gas sectors. The company was founded in 2012 and is based in Palo Alto, California. It has additional offices in Bellevue, Washington; Houston, Texas; Houston, Texas; London, United Kingdom; and Dhahran, Saudi Arabia.
Concho Resources
Acquisition in 2020
Concho delivers year-over-year production growth from continuing operations of 20% and year-over-year crude oil growth of 25%. Concho nearly doubles its drilling locations, identifying approximately 22,000 locations at year-end. Concho produces 33.6 million barrels of oil equivalent with a capital budget of approximately $1.8 billion.
Concho acquires the assets of Three Rivers Operating Company for approximately $1 billion, significantly adding to the Company’s positions in the core northern Delaware Basin play, the Midland Basin Wolfberry play and the emerging southern Midland Basin horizontal Wolfcamp play. Concho partially funds the acquisition with a $520 million divestiture of non-core Permian Basin assets. Concho produces 29.8 million barrels of oil equivalent with a capital budget of approximately $1.5 billion.
LUX Assure
Venture Round in 2016
LUX Assure is a division of LUX Innovate Limited. LUX specialises in delivering robust, highly sensitive and simple to use chemical monitoring technologies for both offshore and onshore use. The novelty of their approach has been recognised by the oil and gas industry and they have won awards for innovation. Their products include technologies for monitoring scale, corrosion and hydrate inhibitors in both water and hydrocarbons.
Skyonic
Series C in 2013
Skyonic Corporation develops SkyMine patented technologies that capture flue gases that would otherwise release CO2 into the environment and transforms them into solid carbonate materials, such as sodium bicarbonate (baking soda), hydrochloric acid, and household bleach. Its technologies are used in industrial manufacturing facilities, cement plants, refineries, steel mills, and other power plants. The company was founded in 2005 and is based in Austin, Texas.
LUX Assure
Funding Round in 2013
LUX Assure is a division of LUX Innovate Limited. LUX specialises in delivering robust, highly sensitive and simple to use chemical monitoring technologies for both offshore and onshore use. The novelty of their approach has been recognised by the oil and gas industry and they have won awards for innovation. Their products include technologies for monitoring scale, corrosion and hydrate inhibitors in both water and hydrocarbons.