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

12 Months Ended

Dec. 31, 2015

Inventory, Linefill and Base Gas and Long-term Inventory

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

	December 31, 2015						December 31, 2014
	Volumes	Unit of Measure	Carrying Value		Price/ Unit (1)		Volumes	Unit of Measure	Carrying Value		Price/ Unit (1)
Inventory
Crude oil	16,345	barrels	$	608	$	37.20	6,465	barrels	$	304	$	47.02
NGL	13,907	barrels	218		$	15.68	13,553	barrels	454		$	33.50
Natural gas	22,080	Mcf	53		$	2.40	32,317	Mcf	102		$	3.16
Other	N/A		37		N/A		N/A		31		N/A
Inventory subtotal			916						891


Linefill and base gas
Crude oil	12,298	barrels	713		$	57.98	11,810	barrels	744		$	63.00
NGL	1,348	barrels	44		$	32.64	1,212	barrels	52		$	42.90
Natural gas	30,812	Mcf	141		$	4.58	28,612	Mcf	134		$	4.68

Linefill and base gas subtotal			898						930


Long-term inventory
Crude oil	3,417	barrels	106		$	31.02	2,582	barrels	136		$	52.67
NGL	1,652	barrels	23		$	13.92	1,681	barrels	50		$	29.74

Long-term inventory subtotal			129						186


Total			$	1,943					$	2,007

(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.