Exhibit 12

CONOCOPHILLIPS AND CONSOLIDATED SUBSIDIARIES

TOTAL ENTERPRISE

Computation of Ratio of Earnings to Fixed Charges

	Millions of Dollars
	Three Months Ended March 31
	2014			2013
Earnings Available for Fixed Charges
Income from continuing operations before income taxes and noncontrolling interests that have not incurred fixed charges	$	3,685			3,774
Distributions greater (less) than equity in earnings of affiliates		1,131	*		(29)
Fixed charges, excluding capitalized interest**		216			181
	$	5,032			3,926
Fixed Charges
Interest and debt expense, excluding capitalized interest	$	171			130
Capitalized interest		120			179
Interest portion of rental expense		19			17
	$	310			326
Ratio of Earnings to Fixed Charges		16.2			12.0

  *Includes a significant distribution from a Canadian joint venture.

**Includes amortization of capitalized interest totaling approximately $27 million in 2014 and $34 million in 2013.