Top 20 Oil Producing Companies in the US

3. ConocoPhillips (NYSE:COP)

Revenue reported in 2023: $56.14 billion

ConocoPhillips (NYSE:COP) is an exploration and production company operating through six segments: Alaska, Lower 48, Canada, Europe, the Middle East, North Africa, Asia Pacific, and Other International. These segments cover operations in various regions including the United States, Canada, Europe, Asia Pacific, and other international locations like Colombia.

In February 2024, ConocoPhillips (NYSE:COP) received approval from the Norwegian Offshore Directorate to commence the $1.24 billion Eldfisk Nord development in the Norwegian North Sea. The project includes two seabed templates for production and one for water injection, featuring nine production wells and five injection wells, according to Insider Monkey.