ConocoPhillips announced it will sell its Anadarko Basin assets for $1.3 billion, surpassing its target for non-core asset sales ahead of schedule. The sale follows the company's recent acquisition of Marathon Oil, which expanded its operations across several major shale basins. Despite a drop in crude oil prices, ConocoPhillips reported higher second-quarter production, which helped offset market pressures. The company also exceeded analyst expectations for quarterly profit, with shares rising in premarket trading.