Inventory, Linefill and Base Gas and Long-term Inventory (Tables)

12 Months Ended

Dec. 31, 2014

Inventory, Linefill and Base Gas and Long-term Inventory

Components of inventory, linefill and base gas and long-term inventory

	December 31, 2014							December 31, 2013
	Volumes	Unit of Measure		Carrying Value		Price/ Unit (1)		Volumes	Unit of Measure		Carrying Value		Price/ Unit (1)
Inventory
Crude oil	6,465		barrels	$	304	$	47.02	6,951		barrels	$	540	$	77.69
NGL	13,553		barrels	454		$	33.50	8,061		barrels	352		$	43.67
Natural gas	32,317		Mcf	102		$	3.16	40,505		Mcf	150		$	3.70
Other	N/A			31		N/A		N/A			23		N/A
Inventory subtotal				891							1,065

Linefill and base gas
Crude oil	11,810		barrels	744		$	63.00	10,966		barrels	679		$	61.92
NGL	1,212		barrels	52		$	42.90	1,341		barrels	62		$	46.23
Natural gas	28,612		Mcf	134		$	4.68	16,615		Mcf	57		$	3.43
Linefill and base gas subtotal				930							798

Long-term inventory
Crude oil	2,582		barrels	136		$	52.67	2,498		barrels	202		$	80.86
NGL	1,681		barrels	50		$	29.74	1,161		barrels	49		$	42.20
Long-term inventory subtotal				186							251

Total				$	2,007						$	2,114

(1)

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