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Segment Disclosures and Related Information (Tables)
6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Schedule of Operating Segment Reporting

Millions of Dollars

Three Months Ended
June 30
Six Months Ended
June 30
2023202220232022
Sales and Other Operating Revenues
Alaska
$1,709 2,349 3,444 4,267 
Lower 48
8,389 14,458 18,438 26,015 
Intersegment eliminations
(1)(6)(5)(13)
Lower 48
8,388 14,452 18,433 26,002 
Canada
850 1,794 2,033 3,314 
Intersegment eliminations
(401)(726)(741)(1,377)
Canada
449 1,068 1,292 1,937 
Europe, Middle East and North Africa
1,369 2,652 3,071 5,241 
Asia Pacific
432 638 896 1,388 
Other International
 —  — 
Corporate and Other
4 26 88 
Consolidated sales and other operating revenues
$12,351 21,161 27,162 38,923 
Sales and Other Operating Revenues by Geographic Location(1)
United States
$10,040 16,802 21,842 30,355 
Canada
449 1,069 1,292 1,938 
China
244 301 446 574 
Indonesia
 —  159 
Libya447 351 817 782 
Malaysia
189 336 450 654 
Norway
577 737 1,228 1,669 
United Kingdom
404 1,564 1,085 2,790 
Other foreign countries
1 2 
Worldwide consolidated
$12,351 21,161 27,162 38,923 
Sales and Other Operating Revenues by Product
Crude oil
$8,965 11,494 17,867 21,364 
Natural gas
1,860 7,267 6,272 13,265 
Natural gas liquids
582 1,042 1,277 1,921 
Other(2)
944 1,358 1,746 2,373 
Consolidated sales and other operating revenues by product
$12,351 21,161 27,162 38,923 
(1)Sales and other operating revenues are attributable to countries based on the location of the selling operation.
(2)Includes bitumen and power.
Millions of Dollars
Three Months Ended
June 30
Six Months Ended
June 30
2023202220232022
Net Income (Loss)
Alaska
$372 687 788 1,271 
Lower 48
1,230 3,581 3,082 6,371 
Canada32 316 38 607 
Europe, Middle East and North Africa
264 385 629 797 
Asia Pacific
387 525 909 1,661 
Other International
(4)— (3)— 
Corporate and Other
(49)(349)(291)197 
Consolidated net income
$2,232 5,145 5,152 10,904 
Millions of Dollars
June 30
2023
December 31
2022
Total Assets
Alaska
$15,455 15,126 
Lower 48
41,544 42,950 
Canada6,868 6,971 
Europe, Middle East and North Africa
7,632 8,263 
Asia Pacific
8,914 9,511 
Other International
1 — 
Corporate and Other
9,191 11,008 
Consolidated total assets
$89,605 93,829