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Inventory, Linefill and Base Gas and Long-term Inventory | 9 Months Ended
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Sep. 30, 2019
Inventory, Linefill and Base Gas and Long-term Inventory |
Inventory, Linefill and Base Gas and Long-term Inventory | Inventory, Linefill and Base Gas and Long-term Inventory Inventory, linefill and base gas and long-term inventory consisted of the following (barrels and natural gas volumes in thousands and carrying value in millions):
| September 30, 2019 |  |  | December 31, 2018
| Volumes |  | Unit of Measure |  | Carrying Value |  | Price/ Unit (1) |  |  | Volumes |  | Unit of Measure |  | Carrying Value |  | Price/ Unit (1)
Inventory |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Crude oil | 11,481 |  |  | barrels |  | $ | 616 |  |  | $ | 53.65 |  |  |  | 9,657 |  |  | barrels |  | $ | 367 |  |  | $ | 38.00 |
NGL | 12,449 |  |  | barrels |  | 182 |  |  | $ | 14.62 |  |  |  | 10,384 |  |  | barrels |  | 262 |  |  | $ | 25.23 |
Other | N/A |  |  |  |  | 18 |  |  | N/A |  |  |  | N/A |  |  |  |  | 11 |  |  | N/A |
Inventory subtotal |  |  |  |  |  | 816 |  |  |  |  |  |  |  |  |  |  |  | 640 |  |  |  |
Linefill and base gas |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Crude oil | 13,513 |  |  | barrels |  | 775 |  |  | $ | 57.35 |  |  |  | 13,312 |  |  | barrels |  | 761 |  |  | $ | 57.17 |
NGL | 1,715 |  |  | barrels |  | 47 |  |  | $ | 27.41 |  |  |  | 1,730 |  |  | barrels |  | 47 |  |  | $ | 27.17 |
Natural gas | 24,976 |  |  | Mcf |  | 108 |  |  | $ | 4.32 |  |  |  | 24,976 |  |  | Mcf |  | 108 |  |  | $ | 4.32 |
Linefill and base gas subtotal |  |  |  |  |  | 930 |  |  |  |  |  |  |  |  |  |  |  | 916 |  |  |  |
Long-term inventory |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Crude oil | 2,587 |  |  | barrels |  | 138 |  |  | $ | 53.34 |  |  |  | 1,890 |  |  | barrels |  | 79 |  |  | $ | 41.80 |
NGL | 1,707 |  |  | barrels |  | 21 |  |  | $ | 12.30 |  |  |  | 2,368 |  |  | barrels |  | 57 |  |  | $ | 24.07 |
Long-term inventory subtotal |  |  |  |  |  | 159 |  |  |  |  |  |  |  |  |  |  |  | 136 |  |  |  |
Total |  |  |  |  |  | $ | 1,905 |  |  |  |  |  |  |  |  |  |  |  | $ | 1,692 |  |  |  |
(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.

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- References No definition available. + Details
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- Definition The complete disclosure related to inventory, linefill and base gas and long-term inventory. This may include, but is not limited to, the basis of stating inventory, linefill, and base gas and long-term inventory, the method of determining inventory, linefill and base gas and long-term inventory cost, the major classes of inventory, linefill and base gas and long-term inventory, and the nature of the cost elements included in inventory, linefill and base gas and long-term inventory. If inventory, linefill and base gas and long-term inventory is stated above cost, accrued net losses on firm purchase commitments for inventory, linefill and base gas and long-term inventory and losses resulting from valuing inventory, linefill and base gas and long-term inventory at the lower-of-cost-or-market may also be included. + References No definition available. + Details
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