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Properties and Equipment, Net | 12 Months Ended
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Dec. 31, 2024
Property, Plant and Equipment [Abstract] |
Properties and Equipment, Net | Properties and Equipment, Net Properties and equipment, net are comprised of the following:
| December 31,
(In millions) | 2024 |  | 2023
Proved oil and gas properties | $ | 21,765 |  |  | $ | 19,582 |
Unproved oil and gas properties | 4,105 |  |  | 4,617 |
Gathering and pipeline systems | 620 |  |  | 527 |
Land, buildings and other equipment | 213 |  |  | 216 |
Finance lease right-of-use asset | 26 |  |  | 25 |
| 26,729 |  |  | 24,967 |
Accumulated DD&A | (8,839) |  |  | (7,034) |
| $ | 17,890 |  |  | $ | 17,933 |
Capitalized Exploratory Well Costs As of and for the years ended December 31, 2024, 2023 and 2022, the Company did not have any projects with exploratory well costs capitalized for a period of greater than one year after drilling.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-7 + Details
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