ConocoPhillips and the Permian Basin

Recorded on January 28, 2022

In episode 38 of the PetroNerds podcast, Trisha Curtis has the pleasure of sitting down and talking all things Permian Basin with Aaron Hunter of ConocoPhillips.  Aaron is the Vice President of the Midland Basin for ConocoPhillips. 

Trisha and Aaron get into three main topics starting with Permian nerdiness and the state of play in the Midland and the Delaware, the resiliency of the Midland over the course of 2020 and 2021, changes within the Permian Basin, and the rise of private operators.  They discuss the acquisitions of Concho Resources and Shell’s Permian assets. 

And they get into ESG, emissions – Scope 1, 2, and 3, ConocoPhillips’ Paris Climate Accord plans, their triple mandate, and their recent earnings calls and stockholder meeting.  They discuss this in the context of investor pressure and the rise of ESG, and address that this has been emphasized while ConocoPhillips has amassed a significant Permian position in the past two years.  This is a timely and not to miss episode encapsulating many recent topics on the PetroNerds podcast and bringing it full circle with a major public operator, and soon to be the largest operator, in the Permian Basin.

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