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ConocoPhillips functions as a global energy corporation, engaging in the search for, extraction, movement, and commercialization of crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids around the world. Its operational focus includes a variety of production methods such as conventional and tight oil reservoirs, shale gas, heavy oil, LNG initiatives, and oil sands developments. The company's extensive asset base features unconventional plays throughout North America; traditional energy holdings in North America, Europe, Asia, and Australia; several LNG projects; oil sands properties in Canada; and a pipeline of future exploration opportunities. ConocoPhillips, founded in 1917, maintains its corporate headquarters in Houston, Texas.