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v3.25.2

Segment Information - Schedule of Selected Financial Information by Reportable Segment (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Jun. 30, 2025 | Jun. 30, 2024 | Jun. 30, 2025 | Jun. 30, 2024 | Dec. 31, 2024
Selected Information [Line Items] |  |  |  |  |
Gains (Losses) on Asset Dispositions, Net | $ 0 | $ 20 | $ (1) | $ 46 |
Operating Revenues and Other | 5,478 | 6,025 | 11,147 | 12,148 |
Lease and Well | 396 | 390 | 797 | 786 |
Gathering, Processing and Transportation Costs | 455 | 423 | 895 | 836 |
Marketing Costs | 1,216 | 1,490 | 2,541 | 2,894 |
Depreciation, Depletion and Amortization | 1,053 | 984 | 2,066 | 2,058 |
General and Administrative | 186 | 151 | 357 | 313 |
Taxes Other Than Income | 301 | 337 | 642 | 675 |
Operating Income (Loss) | 1,747 | 2,130 | 3,606 | 4,401 |
Interest Income | 56 | 64 | 124 | 132 |
Other Income (Expense) | (1) | 2 | (4) | (4) |
Interest Expense, Net | (51) | (36) | (98) | (69) |
Income Before Income Taxes | 1,751 | 2,160 | 3,628 | 4,460 |
Additions to Oil and Gas Properties, Excluding Dry Hole Costs | 1,690 | 1,390 | 3,046 | 2,925 |
Total Property, Plant and Equipment, Net | 35,361 | 33,644 | 35,361 | 33,644 | $ 34,212
Total Assets | 46,284 | 45,224 | 46,284 | 45,224 | $ 47,186
Crude Oil and Condensate |  |  |  |  |
Selected Information [Line Items] |  |  |  |  |
Revenue from contract with customer | 2,974 | 3,692 | 6,267 | 7,172 |
NGLs |  |  |  |  |
Selected Information [Line Items] |  |  |  |  |
Revenue from contract with customer | 534 | 515 | 1,106 | 1,028 |
Natural Gas |  |  |  |  |
Selected Information [Line Items] |  |  |  |  |
Revenue from contract with customer | 600 | 303 | 1,237 | 685 |
Gains (Losses) On Mark-To-Market Financial Commodity and Other Derivative Contracts, Net |  |  |  |  |
Selected Information [Line Items] |  |  |  |  |
Revenue not from contract with customer | 107 | (47) | (84) | 190 |
Gathering, Processing and Marketing |  |  |  |  |
Selected Information [Line Items] |  |  |  |  |
Revenue from contract with customer | 1,247 | 1,519 | 2,587 | 2,978 |
Other, Net |  |  |  |  |
Selected Information [Line Items] |  |  |  |  |
Revenue not from contract with customer | 16 | 23 | 35 | 49 |
United States |  |  |  |  |
Selected Information [Line Items] |  |  |  |  |
Gains (Losses) on Asset Dispositions, Net | (3) | 20 | 0 | 52 |
Operating Revenues and Other | 5,385 | 5,956 | 10,968 | 12,016 |
Lease and Well | 383 | 381 | 768 | 767 |
Gathering, Processing and Transportation Costs | 454 | 423 | 894 | 836 |
Marketing Costs | 1,216 | 1,490 | 2,541 | 2,894 |
Depreciation, Depletion and Amortization | 1,016 | 949 | 1,979 | 1,991 |
General and Administrative | 178 | 146 | 340 | 303 |
Taxes Other Than Income | 300 | 337 | 640 | 674 |
Other Segment Items | 79 | 83 | 161 | 140 |
Operating Income (Loss) | 1,759 | 2,147 | 3,645 | 4,411 |
Interest Income | 52 | 59 | 116 | 121 |
Interest Expense, Net | (51) | (36) | (98) | (69) |
Additions to Oil and Gas Properties, Excluding Dry Hole Costs | 1,626 | 1,348 | 2,984 | 2,843 |
Total Property, Plant and Equipment, Net | 34,850 | 33,202 | 34,850 | 33,202 |
Total Assets | 44,921 | 43,953 | 44,921 | 43,953 |
United States | Crude Oil and Condensate |  |  |  |  |
Selected Information [Line Items] |  |  |  |  |
Revenue from contract with customer | 2,969 | 3,688 | 6,255 | 7,164 |
United States | NGLs |  |  |  |  |
Selected Information [Line Items] |  |  |  |  |
Revenue from contract with customer | 534 | 515 | 1,106 | 1,028 |
United States | Natural Gas |  |  |  |  |
Selected Information [Line Items] |  |  |  |  |
Revenue from contract with customer | 516 | 239 | 1,070 | 556 |
United States | Gains (Losses) On Mark-To-Market Financial Commodity and Other Derivative Contracts, Net |  |  |  |  |
Selected Information [Line Items] |  |  |  |  |
Revenue not from contract with customer | 107 | (47) | (84) | 190 |
United States | Gathering, Processing and Marketing |  |  |  |  |
Selected Information [Line Items] |  |  |  |  |
Revenue from contract with customer | 1,246 | 1,518 | 2,586 | 2,977 |
United States | Other, Net |  |  |  |  |
Selected Information [Line Items] |  |  |  |  |
Revenue not from contract with customer | 16 | 23 | 35 | 49 |
Trinidad |  |  |  |  |
Selected Information [Line Items] |  |  |  |  |
Gains (Losses) on Asset Dispositions, Net | 0 | 0 | 0 | (6) |
Operating Revenues and Other | 90 | 69 | 180 | 132 |
Lease and Well | 10 | 10 | 24 | 19 |
Gathering, Processing and Transportation Costs | 1 | 0 | 1 | 0 |
Marketing Costs | 0 | 0 | 0 | 0 |
Depreciation, Depletion and Amortization | 37 | 34 | 87 | 66 |
General and Administrative | 4 | 3 | 8 | 7 |
Taxes Other Than Income | 1 | 0 | 2 | 1 |
Other Segment Items | 7 | 6 | 40 | 7 |
Operating Income (Loss) | 30 | 16 | 18 | 32 |
Interest Income | 2 | 4 | 5 | 8 |
Interest Expense, Net | 0 | 0 | 0 | 0 |
Additions to Oil and Gas Properties, Excluding Dry Hole Costs | 61 | 42 | 59 | 81 |
Total Property, Plant and Equipment, Net | 483 | 423 | 483 | 423 |
Total Assets | 1,169 | 1,130 | 1,169 | 1,130 |
Trinidad | Crude Oil and Condensate |  |  |  |  |
Selected Information [Line Items] |  |  |  |  |
Revenue from contract with customer | 5 | 4 | 12 | 8 |
Trinidad | NGLs |  |  |  |  |
Selected Information [Line Items] |  |  |  |  |
Revenue from contract with customer | 0 | 0 | 0 | 0 |
Trinidad | Natural Gas |  |  |  |  |
Selected Information [Line Items] |  |  |  |  |
Revenue from contract with customer | 84 | 64 | 167 | 129 |
Trinidad | Gains (Losses) On Mark-To-Market Financial Commodity and Other Derivative Contracts, Net |  |  |  |  |
Selected Information [Line Items] |  |  |  |  |
Revenue not from contract with customer | 0 | 0 | 0 | 0 |
Trinidad | Gathering, Processing and Marketing |  |  |  |  |
Selected Information [Line Items] |  |  |  |  |
Revenue from contract with customer | 1 | 1 | 1 | 1 |
Trinidad | Other, Net |  |  |  |  |
Selected Information [Line Items] |  |  |  |  |
Revenue not from contract with customer | 0 | 0 | 0 | 0 |
Other International |  |  |  |  |
Selected Information [Line Items] |  |  |  |  |
Gains (Losses) on Asset Dispositions, Net | 3 | 0 | (1) | 0 |
Operating Revenues and Other | 3 | 0 | (1) | 0 |
Lease and Well | 3 | (1) | 5 | 0 |
Gathering, Processing and Transportation Costs | 0 | 0 | 0 | 0 |
Marketing Costs | 0 | 0 | 0 | 0 |
Depreciation, Depletion and Amortization | 0 | 1 | 0 | 1 |
General and Administrative | 4 | 2 | 9 | 3 |
Taxes Other Than Income | 0 | 0 | 0 | 0 |
Other Segment Items | 38 | 31 | 42 | 38 |
Operating Income (Loss) | (42) | (33) | (57) | (42) |
Interest Income | 2 | 1 | 3 | 3 |
Interest Expense, Net | 0 | 0 | 0 | 0 |
Additions to Oil and Gas Properties, Excluding Dry Hole Costs | 3 | 0 | 3 | 1 |
Total Property, Plant and Equipment, Net | 28 | 19 | 28 | 19 |
Total Assets | 194 | 141 | 194 | 141 |
Other International | Crude Oil and Condensate |  |  |  |  |
Selected Information [Line Items] |  |  |  |  |
Revenue from contract with customer | 0 | 0 | 0 | 0 |
Other International | NGLs |  |  |  |  |
Selected Information [Line Items] |  |  |  |  |
Revenue from contract with customer | 0 | 0 | 0 | 0 |
Other International | Natural Gas |  |  |  |  |
Selected Information [Line Items] |  |  |  |  |
Revenue from contract with customer | 0 | 0 | 0 | 0 |
Other International | Gains (Losses) On Mark-To-Market Financial Commodity and Other Derivative Contracts, Net |  |  |  |  |
Selected Information [Line Items] |  |  |  |  |
Revenue not from contract with customer | 0 | 0 | 0 | 0 |
Other International | Gathering, Processing and Marketing |  |  |  |  |
Selected Information [Line Items] |  |  |  |  |
Revenue from contract with customer | 0 | 0 | 0 | 0 |
Other International | Other, Net |  |  |  |  |
Selected Information [Line Items] |  |  |  |  |
Revenue not from contract with customer | $ 0 | $ 0 | $ 0 | $ 0 |

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