Analyzing ConocoPhillips’s 1Q18 Operational Performance
For 1Q18, ConocoPhillips (COP) reported total production of 1,224 Mboepd (thousand barrels of oil equivalent per day), which is above the company’s 1Q18 production guidance range of 1,180–1,220 Mboepd. ConocoPhillips’s 1Q18 production guidance and reported production exclude production from Libya. Including Libya, ConocoPhillips’s 1Q18 production was 1,269 Mboepd.