# Who does ConocoPhillips pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/conocophillips · Facet: suppliers · Updated: 2026-09-24T04:08:56.837413+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: ConocoPhillips's confirmed suppliers/cost counterparties include Sempra, Halliburton. Per the valuechain.wiki graph: 2 cost edges, backed by 2 dated sources, 1 of them primary filings (as of 2026-09-24).

### Marathon Oil Corporation (high)
- metric: Amount $16.5B · acquisition closed 2024-11-22 · Final acquisition value at the closing of Marathon Oil
- note: ConocoPhillips acquired Marathon Oil, adding producing assets in the Lower 48 and Equatorial Guinea. The filing confirms the closing value, while Wood Mackenzie and Newspim assessed the announced transaction and its strategic implications.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-17) https://www.sec.gov/Archives/edgar/data/1163165/000116316526000009/cop-20251231.htm: "In November 2024, we acquired Marathon Oil. At closing, the acquisition was valued at $16.5 billion."
- [confirms] Wood Mackenzie (EN, analysis, published 2024-05-30) https://www.woodmac.com/es/press-releases/2024-press-releases/conocophillips-acquisition-of-marathon-oil-creates-third-largest-producer-in-the-us-lower-48-says-wood-mackenzie/: "The addition of Marathon further solidifies ConocoPhillips in a league of its own, with few true peers."
- [mentions] Newspim (KO, news, published 2024-05-30) https://www.newspim.com/news/view/20240529001217: "ConocoPhillips and Marathon announced a $22.5 billion acquisition plan on May 29."

### 셈프라 (high)  → /sempra.md
- metric: volume 5,000,000 metric_tonnes_per_annum · 20-year agreement · Annual LNG offtake by a ConocoPhillips affiliate from Port Arthur LNG Phase 1
- note: A ConocoPhillips affiliate has a definitive LNG offtake agreement with Sempra's Port Arthur LNG Phase 1. The agreement represents ConocoPhillips' purchase of LNG liquefaction and offtake services.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-26) https://www.sec.gov/Archives/edgar/data/92108/000009210826000012/sempra2025annualreport.pdf: "An affiliate of ConocoPhillips for a 20-year term for 5 Mtpa of LNG."

### 핼리버튼 (mid)  → /halliburton.md
- note: ConocoPhillips' Norwegian affiliate awarded Halliburton a North Sea well stimulation services contract focused on well performance and reservoir productivity. The contract value was not disclosed.
- [confirms] Halliburton (EN, ir, published 2025-08-13) https://www.halliburton.com/en/about-us/press-release/conocophillips-halliburton-multi-year-well-stimulation-contract-north-sea: "ConocoPhillips Skandinavia AS awarded Halliburton a contract to deliver comprehensive well stimulation services."

Reverse side: https://valuechain.wiki/conocophillips/customers.md · Ripple: https://valuechain.wiki/conocophillips/ripple.md

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Full node: https://valuechain.wiki/conocophillips.md · JSON: https://valuechain.wiki/conocophillips.json