The Houston-headquartered explorer said that production from continuing operations was up  a marginal 1.5% excluding Libya downtime at 1.53 million barrels of oil equivalent per day.

When adjusted for dispositions and downtime, output rose 3% and adjusted earnings rose from $1.8 billion to $2.3 billion, ConocoPhillips said.

Chief executive Ryan Lance credited production rises in US shale, Canadian liquids as well as European project ramp-ups for the results.

“This