The position held by Mr Limbacher will not be replaced. The organization currently under this position will be moved directly under John Lowe, executive vice president of exploration & production.

Jim Mulva, chairman and chief executive officer, said: Randy has made significant contributions to this industry for more than 20 years. His leadership at Burlington Resources was instrumental in that company’s success and growth, and also provided for a smooth transition and value capture at the time of ConocoPhillips’s acquisition of Burlington. We wish Randy the very best.