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Inventory, Linefill and Base Gas and Long-term Inventory (Tables)
12 Months Ended
Dec. 31, 2013
Inventory, Linefill and Base Gas and Long-term Inventory  
Components of inventory, linefill and base gas and long-term inventory

 

 

 

 

December 31, 2013

 

December 31, 2012

 

 

 

Volumes

 

Unit of
Measure

 

Carrying
Value

 

Price/
Unit 
(1)

 

Volumes

 

Unit of
Measure

 

Carrying
Value

 

Price/
Unit 
(1)

 

Inventory

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Crude oil

 

6,951

 

barrels

 

$

540

 

$

77.69

 

9,492

 

barrels

 

$

737

 

$

77.64

 

NGL

 

8,061

 

barrels

 

352

 

$

43.67

 

9,472

 

barrels

 

388

 

$

40.96

 

Natural gas

 

40,505

 

Mcf

 

150

 

$

3.70

 

20,374

 

Mcf

 

60

 

$

2.94

 

Other

 

N/A

 

 

 

23

 

N/A

 

N/A

 

 

 

24

 

N/A

 

Inventory subtotal

 

 

 

 

 

1,065

 

 

 

 

 

 

 

1,209

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Linefill and base gas

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Crude oil

 

10,966

 

barrels

 

679

 

$

61.92

 

9,919

 

barrels

 

583

 

$

58.78

 

NGL

 

1,341

 

barrels

 

62

 

$

46.23

 

1,400

 

barrels

 

70

 

$

50.00

 

Natural gas

 

16,615

 

Mcf

 

57

 

$

3.43

 

15,755

 

Mcf

 

54

 

$

3.43

 

Linefill and base gas subtotal

 

 

 

 

 

798

 

 

 

 

 

 

 

707

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Long-term inventory

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Crude oil

 

2,498

 

barrels

 

202

 

$

80.86

 

1,962

 

barrels

 

149

 

$

75.94

 

NGL

 

1,161

 

barrels

 

49

 

$

42.20

 

3,238

 

barrels

 

125

 

$

38.60

 

Long-term inventory subtotal

 

 

 

 

 

251

 

 

 

 

 

 

 

274

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

$

2,114

 

 

 

 

 

 

 

$

2,190

 

 

 

 

 

(1)                                     Price per unit of measure represents a weighted average associated with various grades, qualities and locations. Accordingly, these prices may not coincide with any published benchmarks for such products.