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Resource Extraction Payment Report


This exhibit to Form SD presents payments made by ConocoPhillips to the U.S. federal government and foreign governments for the purpose of commercial development of oil and natural gas during the year ended December 31, 2024. The information within this report has been prepared and is presented in accordance with Rule 13q-1 (17 CFR 240.13q-1) under the Securities Exchange Act of 1934, as amended (“the Rule”). This report is limited to payments required to be disclosed by the Rule and does not include other payments and contributions to governmental and civic entities beyond the scope of the Rule. Therefore, amounts disclosed in this report differ from disclosures in ConocoPhillips’ other publicly available financial reports, including those found within periodic reports filed with the U.S. Securities and Exchange Commission.

This report includes all payments made in 2024 by Marathon Oil Corporation (Marathon Oil) that are subject to reporting requirements. As Marathon Oil was a resource extraction issuer subject to reporting under the Rule prior to acquisition by ConocoPhillips, all reportable payments made by Marathon Oil, both before and after the acquisition date, are included in this report. Payments are presented in the segments and projects to which they were associated after the acquisition.

Payments
Payments are disclosed on a cash basis, according to the year during which the payment was made (rather than on an accrual basis). Only payments of the types defined within the Rule and for which ConocoPhillips made payments during the reporting period are presented. In-kind payments are reported at cost or at fair value, as indicated in the tables below.

Currency
All payments are reported in thousands of United States dollars (U.S. Dollars or USD). Payments made in other currencies have been converted into USD by translating the payment at the exchange rate existing at the time the payment was made.

Projects
Payments are grouped into projects, which, in accordance with the Rule, are defined as the combination of the country, the designation of "onshore" or "offshore" and body of water, and the political subnational jurisdiction of the associated extractive activities. Countries and political subnational jurisdictions are designated by ISO 3166 country codes. The resources being extracted are oil and natural gas, all with the extraction method of “well,” unless otherwise noted. Obligations levied at the entity level rather than on a particular project are disclosed as entity level payments.
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Payment Overview

Payments in Thousands of U.S. Dollars
Country TaxesRoyaltiesFeesProduction EntitlementsBonusesCommunity and Social ResponsibilityTotal
Australia$— — 446 — — — 446 
Cambodia— — 250 — — — 250 
Canada20,206 199,985 14,286 — — — 234,477 
China177,433 — 238 — — — 177,671 
Equatorial Guinea56,961 2,592 1,216 148,805 337 4,104 214,015 
Libya1,278,777 105,423 83 — — — 1,384,283 
Malaysia241,507 — 6,913 — — — 248,420 
Norway1,608,237 — 70,777 181,063 — — 1,860,077 
United Kingdom18,640 — 240 — — — 18,880 
United States296,705 558,780 5,866 — — — 861,351 
Total$3,698,466 866,780 100,315 329,868 337 4,104 4,999,870 
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Segment Reporting

Alaska Segment
Payments in Thousands of U.S. Dollars
Government EntityProjectPayment CurrencyRoyaltiesFeesTotal
Office of Natural Resources RevenueOnshore/US/US-AK/Oil/Natural Gas/WellUSD$51,522 3,740 55,262 
Bureau of Land ManagementOnshore/US/US-AK/Oil/Natural Gas/WellUSD— 189 189 
Alaska Total$51,522 3,929 55,451 

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Lower 48 Segment
Payments in Thousands of U.S. Dollars
Government EntityProjectPayment CurrencyRoyaltiesFeesTotal
Office of Natural Resources RevenueOnshore/US/US-MT/Oil/Natural Gas/WellUSD$12 
Onshore/US/US-NM/Oil/Natural Gas/WellUSD382,152 41 382,193 
Onshore/US/US-ND/Oil/Natural Gas/WellUSD98,989 98,991 
Onshore/US/US-WY/Oil/Natural Gas/WellUSD24 27 
Offshore-Gulf of America/US/US-LA/Oil/Natural Gas/WellUSD25,422 — 25,422 
Bureau of Land ManagementOnshore/US/US-NM/Oil/Natural Gas/WellUSD— 1,386 1,386 
Onshore/US/US-NM/Caliche/Open PitUSD665 — 665 
Onshore/US/US-ND/Oil/Natural Gas/WellUSD— 499 499 
Lower 48 Total$507,258 1,937 509,195 
Payments made by Marathon Oil Corporation are included in the reporting by payment type and project above.
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Canada Segment
Payments in Thousands of U.S. Dollars
Government EntityProjectPayment CurrencyTaxesRoyaltiesFeesTotal
Government of CanadaOnshore/CA/CA-AB/Oil/WellCAD$— — 101 101 
Province of AlbertaOnshore/CA/CA-AB/Oil/Natural Gas/WellCAD— 167,316 5,103 172,419 
Province of British ColumbiaOnshore/CA/CA-BC/Oil/Natural Gas/WellCAD1,763 32,669 2,276 36,708 
Regional Municipality of Wood BuffaloOnshore/CA/CA-AB/Oil/WellCAD18,443 — — 18,443 
Blueberry River First NationOnshore/CA/CA-BC/Oil/Natural Gas/WellCAD— — 1,458 1,458 
Fort McMurray 468 First NationOnshore/CA/CA-AB/Oil/WellCAD— — 830 830 
Halfway River First NationOnshore/CA/CA-BC/Oil/Natural Gas/WellCAD— — 784 784 
Heart Lake First Nation ConsultationOnshore/CA/CA-AB/Oil/WellCAD— — 136 136 
Metis Nation of Alberta Local Council 1935Onshore/CA/CA-AB/Oil/WellCAD— — 132 132 
Chipewyan Prairie First NationOnshore/CA/CA-AB/Oil/WellCAD— — 3,262 3,262 
Conklin Resource Development Advisory CommitteeOnshore/CA/CA-AB/Oil/WellCAD— — 204 204 
Canada Total$20,206 199,985 14,286 234,477 
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Europe, Middle East and North Africa Segment

United Kingdom
Payments in Thousands of U.S. Dollars
Government EntityProjectPayment CurrencyTaxesFeesTotal
HM Revenue & CustomsOffshore-North Sea/GB/GB-STT/Oil/Natural Gas/WellGBP$18,640 — 18,640 
North Sea Transition AuthorityOffshore-North Sea/GB/GB-NBL/Oil/Natural Gas/WellGBP240 240 
United Kingdom Total$18,640 240 18,880 

Equatorial Guinea
Payments in Thousands of U.S. Dollars
Government EntityProject NamePayment CurrencyTaxesRoyaltiesFeesProduction EntitlementsBonusesCommunity and Social ResponsibilityTotal
EG Federal GovernmentOffshore-Gulf of Guinea/GQ/GQ-BN/Oil/Natural Gas/Well
In-Kind1
$— — — — — 4,104 4,104 
EG Ministry of Mines and HydrocarbonsOffshore-Gulf of Guinea/GQ/GQ-BN/Oil/Natural Gas/WellUSD— — 528 — — — 528 
XAF— — 507 — — — 507 
In-Kind2
— — — 131,213 — — 131,213 
GEPetrolOffshore-Gulf of Guinea/GQ/GQ-BN/Oil/Natural Gas/Well
In-Kind2
— — — 17,592 — — 17,592 
USD— 312 — — — — 312 
Tesoreria y Patrimonio del EstadoOffshore-Gulf of Guinea/GQ/GQ-BN/Oil/Natural Gas/WellUSD22,864 2,280 158 — — — 25,302 
XAF34,097 — 23 — 337 — 34,457 
Equatorial Guinea Total$56,961 2,592 1,216 148,805 337 4,104 214,015 
Payments made by Marathon Oil are included in the reporting by payment type and project.
¹ Community and social responsibility payments made in-kind are reported at actual cost.
² Production entitlements in-kind payments represent the market value of volumes conveyed to the EG Government.


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Libya
Payments in Thousands of U.S. Dollars
Government EntityProject NamePayment CurrencyTaxesRoyaltiesFeesTotal
Ministry of Oil and GasOnshore/LY/LY-WA/Oil/Natural Gas/WellUSD$1,278,777 105,423 — 1,384,200 
LYD— — 83 83 
Libya Total$1,278,777 105,423 83 1,384,283 

Norway
Payments in Thousands of U.S. Dollars
Government EntityProjectPayment CurrencyTaxesFeesProduction EntitlementsTotal
SokkeldirektoratetOffshore-North Sea/NO/NO-11/Oil/Natural Gas/WellNOK$— 64,782 — 64,782 
Offshore-Norwegian Sea/NO/NO-46/Oil/Natural Gas/WellNOK— 2,082 — 2,082 
SkatteetatenEntity Level PaymentNOK1,608,237 — — 1,608,237 
HavindustritilsynetOffshore-North Sea/NO/NO-11/Oil/Natural Gas/WellNOK— 1,765 — 1,765 
PetoroOffshore-North Sea/NO/NO-11/Oil/Natural Gas/WellIn-Kind¹— — 181,063 181,063 
Naeringslivets NOx FondOffshore-North Sea/NO/NO-11/Oil/Natural Gas/WellNOK— 2,148 — 2,148 
Norway Total$1,608,237 70,777 181,063 1,860,077 
¹In-kind payments of $181,063 thousand represent 2,330 MBOE valued at regional market prices.


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Asia Pacific Segment

Australia
Payments in Thousands of U.S. Dollars
Government EntityProjectPayment CurrencyFeesTotal
National Offshore Petroleum Safety and Environmental Management AuthorityOffshore-Commonwealth Waters/AU/AU-VIC/Natural Gas/WellAUD$268 268 
Offshore-Commonwealth Waters/AU/AU-TAS/Natural Gas/WellAUD179 179 
Australia Total$446 446 

China
Payments in Thousands of U.S. Dollars
Government EntityProjectPayment CurrencyTaxesFeesTotal
Tianjin Municipal Tax Service, State Taxation AdministrationOffshore-Bohai Sea/CN/CN-TJ/Oil/WellCNY$174,163 238 174,401 
CNOOC (China) Ltd - Tianjin BranchOffshore-Bohai Sea/CN/CN-TJ/Oil/WellCNY3,270 — 3,270 
China Total$177,433 238 177,671 












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Malaysia
Payments in Thousands of U.S. Dollars
Government EntityProjectPayment CurrencyTaxesFeesTotal
Ketua Pengarah Hasil Dalam NegeriOffshore-South China Sea/MY/MY-12/Oil/Natural Gas/WellMYR$186,368 — 186,368 
Entity Level Payment/MYMYR870 — 870 
Pengarah Kastam NegeriOffshore-South China Sea/MY/MY-12/Oil/Natural Gas/WellMYR12,602 — 12,602 
Petroliam Nasional BerhadOffshore-South China Sea/MY/MY-12/Oil/Natural Gas/WellMYR— 6,913 6,913 
Bendahari Negeri SabahOffshore-South China Sea/MY/MY-12/Oil/Natural Gas/WellMYR41,667 — 41,667 
Malaysia Total$241,507 6,913 248,420 
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Other International Segment

Cambodia
Payments in Thousands of U.S. Dollars
Government EntityProjectPayment CurrencyFeesTotal
Ministry of Mines and EnergyOnshore/KH/KH-12/Oil/Natural Gas/WellUSD$250 250 
Cambodia Total$250 250 

Corporate and Other

Corporate Entity Level Payments
Payments in Thousands of U.S. Dollars
Government EntityProjectPayment CurrencyTaxesTotal
Internal Revenue ServiceEntity Level Payment/USUSD$296,705 296,705 
Corporate and Other Total$296,705 296,705 
Includes payments made by Marathon Oil Corporation.
This report contains only those payments that are subject to disclosure requirements and excludes state and local income taxes paid within the United States. Please refer to the ConocoPhillips 2024 Annual Report on Form 10-K for income tax disclosures including U.S. state and local income taxes.
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