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Inventory, Linefill and Base Gas and Long-term Inventory
9 Months Ended
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.