In the 12-team playoff they are going for and based on the AP Poll right now, Oregon would be
Top 6 Highest Ranked Conference Teams - (lets use them as Conf. Champs right now)
AP #1 - Georgia (SEC #1)
AP #2 - Ohio State (B1G #1)
AP #4 - TCU (Big 12 #1)
AP #7 - USC (Pac 12 #1)
AP #9 - Clemson (ACC #1)
AP #17 - UCF (AAC #1)
At Large - Highest Remaining Teams
AP #3 - Michigan (B1G #2)
AP #5 - Tennessee (SEC #2)
AP #6 - LSU (SEC #3)
AP #8 - Alabama (SEC #4)
AP #10 - Utah (Pac 12 #2)
AP #11 - Penn State (B1G #3)
Right now, Oregon wouldn't make the 12-team playoff.