Exhibit 12

CONOCOPHILLIPS AND CONSOLIDATED SUBSIDIARIES
TOTAL ENTERPRISE

Computation of Ratio of Earnings to Fixed Charges

	Millions of Dollars
	Three Months Ended
	March 31
	2005			2004
	(Unaudited)
Earnings Available for Fixed Charges
Income from continuing operations before income taxes	$	4,940			2,964
Distributions less than equity in earnings of fifty-percent-or-less-owned companies		(808	)		(153	)
Fixed charges, excluding capitalized interest*		200			188
	$	4,332			2,999
Fixed Charges
Interest and debt expense, excluding capitalized interest	$	138			145
Capitalized interest		88			115
Interest portion of rental expense		44			37
Interest expense relating to guaranteed debt of fifty-percent-or-less-owned companies		5			—
	$	275			297
Ratio of Earnings to Fixed Charges		15.8			10.1

*Includes amortization of capitalized interest totaling approximately $13 million in 2005 and $6 million in 2004.

Earnings available for fixed charges include, if any, our equity in losses of companies owned less than fifty percent and having debt for which the company is contingently liable. Fixed charges include our proportionate share, if any, of interest relating to the contingent debt.

Earnings available for fixed charges include, if any, 100 percent of the losses of companies owned greater than fifty percent that have debt for which we are contingently liable. Fixed charges include 100 percent of interest and capitalized interest, if any, relating to the contingent debt.