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v3.25.1

Segment Information - Schedule of Selected Financial Information by Reportable Segment (Details) - USD ($) $ in Millions | 3 Months Ended |
--- | --- | ---
Mar. 31, 2025 | Mar. 31, 2024 | Dec. 31, 2024
Selected Information [Line Items] |  |  |
Gains (Losses) on Asset Dispositions, Net | $ (1) | $ 26 |
Operating Revenues and Other | 5,669 | 6,123 |
Lease and Well | 401 | 396 |
Gathering, Processing and Transportation Costs | 440 | 413 |
Marketing Costs | 1,325 | 1,404 |
Depreciation, Depletion and Amortization | 1,013 | 1,074 |
General and Administrative | 171 | 162 |
Taxes Other Than Income | 341 | 338 |
Operating Income (Loss) | 1,859 | 2,271 |
Interest Income | 68 | 68 |
Other Expense | (3) | (6) |
Interest Expense, Net | 47 | 33 |
Income Before Income Taxes | 1,877 | 2,300 |
Additions to Oil and Gas Properties, Excluding Dry Hole Costs | 1,356 | 1,535 |
Total Property, Plant and Equipment, Net | 34,632 | 33,077 | $ 34,212
Total Assets | 46,982 | 44,796 | $ 47,186
Crude Oil and Condensate |  |  |
Selected Information [Line Items] |  |  |
Revenue from contract with customer | 3,293 | 3,480 |
Natural Gas Liquids |  |  |
Selected Information [Line Items] |  |  |
Revenue from contract with customer | 572 | 513 |
Natural Gas |  |  |
Selected Information [Line Items] |  |  |
Revenue from contract with customer | 637 | 382 |
Gains (Losses) On Mark-To-Market Commodity Derivative Contracts and Other Derivative Contracts, Net |  |  |
Selected Information [Line Items] |  |  |
Revenue not from contract with customer | (191) | 237 |
Gathering, Processing and Marketing |  |  |
Selected Information [Line Items] |  |  |
Revenue from contract with customer | 1,340 | 1,459 |
Other, Net |  |  |
Selected Information [Line Items] |  |  |
Revenue not from contract with customer | 19 | 26 |
United States of America Segment |  |  |
Selected Information [Line Items] |  |  |
Gains (Losses) on Asset Dispositions, Net | 3 | 32 |
Operating Revenues and Other | 5,583 | 6,060 |
Lease and Well | 385 | 386 |
Gathering, Processing and Transportation Costs | 440 | 413 |
Marketing Costs | 1,325 | 1,404 |
Depreciation, Depletion and Amortization | 963 | 1,042 |
General and Administrative | 162 | 157 |
Taxes Other Than Income | 340 | 337 |
Other Segment Items | 82 | 57 |
Operating Income (Loss) | 1,886 | 2,264 |
Interest Income | 64 | 62 |
Interest Expense, Net | 47 | 33 |
Additions to Oil and Gas Properties, Excluding Dry Hole Costs | 1,358 | 1,495 |
Total Property, Plant and Equipment, Net | 34,156 | 32,646 |
Total Assets | 45,652 | 43,573 |
United States of America Segment | Crude Oil and Condensate |  |  |
Selected Information [Line Items] |  |  |
Revenue from contract with customer | 3,286 | 3,476 |
United States of America Segment | Natural Gas Liquids |  |  |
Selected Information [Line Items] |  |  |
Revenue from contract with customer | 572 | 513 |
United States of America Segment | Natural Gas |  |  |
Selected Information [Line Items] |  |  |
Revenue from contract with customer | 554 | 317 |
United States of America Segment | Gains (Losses) On Mark-To-Market Commodity Derivative Contracts and Other Derivative Contracts, Net |  |  |
Selected Information [Line Items] |  |  |
Revenue not from contract with customer | (191) | 237 |
United States of America Segment | Gathering, Processing and Marketing |  |  |
Selected Information [Line Items] |  |  |
Revenue from contract with customer | 1,340 | 1,459 |
United States of America Segment | Other, Net |  |  |
Selected Information [Line Items] |  |  |
Revenue not from contract with customer | 19 | 26 |
Trinidad |  |  |
Selected Information [Line Items] |  |  |
Gains (Losses) on Asset Dispositions, Net | 0 | (6) |
Operating Revenues and Other | 90 | 63 |
Lease and Well | 14 | 9 |
Gathering, Processing and Transportation Costs | 0 | 0 |
Marketing Costs | 0 | 0 |
Depreciation, Depletion and Amortization | 50 | 32 |
General and Administrative | 4 | 4 |
Taxes Other Than Income | 1 | 1 |
Other Segment Items | 33 | 1 |
Operating Income (Loss) | (12) | 16 |
Interest Income | 3 | 4 |
Interest Expense, Net | 0 | 0 |
Additions to Oil and Gas Properties, Excluding Dry Hole Costs | (2) | 39 |
Total Property, Plant and Equipment, Net | 450 | 413 |
Total Assets | 1,133 | 1,091 |
Trinidad | Crude Oil and Condensate |  |  |
Selected Information [Line Items] |  |  |
Revenue from contract with customer | 7 | 4 |
Trinidad | Natural Gas Liquids |  |  |
Selected Information [Line Items] |  |  |
Revenue from contract with customer | 0 | 0 |
Trinidad | Natural Gas |  |  |
Selected Information [Line Items] |  |  |
Revenue from contract with customer | 83 | 65 |
Trinidad | Gains (Losses) On Mark-To-Market Commodity Derivative Contracts and Other Derivative Contracts, Net |  |  |
Selected Information [Line Items] |  |  |
Revenue not from contract with customer | 0 | 0 |
Trinidad | Gathering, Processing and Marketing |  |  |
Selected Information [Line Items] |  |  |
Revenue from contract with customer | 0 | 0 |
Trinidad | Other, Net |  |  |
Selected Information [Line Items] |  |  |
Revenue not from contract with customer | 0 | 0 |
Other International |  |  |
Selected Information [Line Items] |  |  |
Gains (Losses) on Asset Dispositions, Net | (4) | 0 |
Operating Revenues and Other | (4) | 0 |
Lease and Well | 2 | 1 |
Gathering, Processing and Transportation Costs | 0 | 0 |
Marketing Costs | 0 | 0 |
Depreciation, Depletion and Amortization | 0 | 0 |
General and Administrative | 5 | 1 |
Taxes Other Than Income | 0 | 0 |
Other Segment Items | 4 | 7 |
Operating Income (Loss) | (15) | (9) |
Interest Income | 1 | 2 |
Interest Expense, Net | 0 | 0 |
Additions to Oil and Gas Properties, Excluding Dry Hole Costs | 0 | 1 |
Total Property, Plant and Equipment, Net | 26 | 18 |
Total Assets | 197 | 132 |
Other International | Crude Oil and Condensate |  |  |
Selected Information [Line Items] |  |  |
Revenue from contract with customer | 0 | 0 |
Other International | Natural Gas Liquids |  |  |
Selected Information [Line Items] |  |  |
Revenue from contract with customer | 0 | 0 |
Other International | Natural Gas |  |  |
Selected Information [Line Items] |  |  |
Revenue from contract with customer | 0 | 0 |
Other International | Gains (Losses) On Mark-To-Market Commodity Derivative Contracts and Other Derivative Contracts, Net |  |  |
Selected Information [Line Items] |  |  |
Revenue not from contract with customer | 0 | 0 |
Other International | Gathering, Processing and Marketing |  |  |
Selected Information [Line Items] |  |  |
Revenue from contract with customer | 0 | 0 |
Other International | Other, Net |  |  |
Selected Information [Line Items] |  |  |
Revenue not from contract with customer | $ 0 | $ 0 |

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