Exhibit 12

CONOCOPHILLIPS AND CONSOLIDATED SUBSIDIARIES

TOTAL ENTERPRISE

Computation of Ratio of Earnings to Fixed Charges

	Millions of Dollars
	Years Ended December 31
	2013			2012			2011			2010			2009
Earnings Available for Fixed Charge
Income from continuing operations before income taxes and noncontrolling interests that have not incurred fixed charges	$	14,387			15,356			15,334			17,821			8,349
Distributions less than equity in earnings of affiliates		(822	)		(596	)		(131	)		(357	)		(691)
Fixed charges, excluding capitalized interest*		787			1,127			1,160			1,440			1,540
	$	14,352			15,887			16,363			18,904			9,198
Fixed Charges
Interest and expense on indebtedness, excluding capitalized interest	$	612			749			972			1,187			1,289
Capitalized interest		667			615			489			471			487
Interest portion of rental expense		75			67			53			52			45
	$	1,354			1,431			1,514			1,710			1,821
Ratio of Earnings to Fixed Charges		10.6			11.1			10.8			11.1			5.1

* Includes amortization of capitalized interest totaling approximately $101 million in 2013, $311 million in 2012, $135 million in 2011, $201 million in 2010 and $206 million in 2009.