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Inventory, Linefill and Long-term Inventory (Tables) | 6 Months Ended
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Jun. 30, 2023
Inventory Disclosure [Abstract] |
Schedule of inventory | Inventory, linefill and long-term inventory consisted of the following (barrels in thousands and carrying value in millions):
| June 30, 2023 |  |  | December 31, 2022
| Volumes |  | Unit of Measure |  | Carrying Value |  | Price/ Unit (1) |  |  | Volumes |  | Unit of Measure |  | Carrying Value |  | Price/ Unit (1)
Inventory |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Crude oil | 3,150 |  |  | barrels |  | $ | 213 |  |  | $ | 67.62 |  |  |  | 6,713 |  |  | barrels |  | $ | 452 |  |  | $ | 67.33 |
NGL | 5,084 |  |  | barrels |  | 144 |  |  | $ | 28.32 |  |  |  | 7,285 |  |  | barrels |  | 270 |  |  | $ | 37.06 |
Other | N/A |  |  |  | 10 |  |  | N/A |  |  | N/A |  |  |  | 7 |  |  | N/A
Inventory subtotal |  |  |  |  | 367 |  |  |  |  |  |  |  |  |  | 729 |  |  |
Linefill |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Crude oil | 15,226 |  |  | barrels |  | 898 |  |  | $ | 58.98 |  |  |  | 15,480 |  |  | barrels |  | 906 |  |  | $ | 58.53 |
NGL | 2,168 |  |  | barrels |  | 68 |  |  | $ | 31.37 |  |  |  | 1,876 |  |  | barrels |  | 55 |  |  | $ | 29.32 |
Linefill subtotal |  |  |  |  | 966 |  |  |  |  |  |  |  |  |  | 961 |  |  |
Long-term inventory |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Crude oil | 3,254 |  |  | barrels |  | 224 |  |  | $ | 68.84 |  |  |  | 3,102 |  |  | barrels |  | 246 |  |  | $ | 79.30 |
NGL | 1,327 |  |  | barrels |  | 46 |  |  | $ | 34.66 |  |  |  | 1,066 |  |  | barrels |  | 38 |  |  | $ | 35.65 |
Long-term inventory subtotal |  |  |  |  | 270 |  |  |  |  |  |  |  |  |  | 284 |  |  |
Total |  |  |  |  | $ | 1,603 |  |  |  |  |  |  |  |  |  | $ | 1,974 |  |  |
(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.
Schedule of linefill and long-term inventory | Inventory, linefill and long-term inventory consisted of the following (barrels in thousands and carrying value in millions):
| June 30, 2023 |  |  | December 31, 2022
| Volumes |  | Unit of Measure |  | Carrying Value |  | Price/ Unit (1) |  |  | Volumes |  | Unit of Measure |  | Carrying Value |  | Price/ Unit (1)
Inventory |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Crude oil | 3,150 |  |  | barrels |  | $ | 213 |  |  | $ | 67.62 |  |  |  | 6,713 |  |  | barrels |  | $ | 452 |  |  | $ | 67.33 |
NGL | 5,084 |  |  | barrels |  | 144 |  |  | $ | 28.32 |  |  |  | 7,285 |  |  | barrels |  | 270 |  |  | $ | 37.06 |
Other | N/A |  |  |  | 10 |  |  | N/A |  |  | N/A |  |  |  | 7 |  |  | N/A
Inventory subtotal |  |  |  |  | 367 |  |  |  |  |  |  |  |  |  | 729 |  |  |
Linefill |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Crude oil | 15,226 |  |  | barrels |  | 898 |  |  | $ | 58.98 |  |  |  | 15,480 |  |  | barrels |  | 906 |  |  | $ | 58.53 |
NGL | 2,168 |  |  | barrels |  | 68 |  |  | $ | 31.37 |  |  |  | 1,876 |  |  | barrels |  | 55 |  |  | $ | 29.32 |
Linefill subtotal |  |  |  |  | 966 |  |  |  |  |  |  |  |  |  | 961 |  |  |
Long-term inventory |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Crude oil | 3,254 |  |  | barrels |  | 224 |  |  | $ | 68.84 |  |  |  | 3,102 |  |  | barrels |  | 246 |  |  | $ | 79.30 |
NGL | 1,327 |  |  | barrels |  | 46 |  |  | $ | 34.66 |  |  |  | 1,066 |  |  | barrels |  | 38 |  |  | $ | 35.65 |
Long-term inventory subtotal |  |  |  |  | 270 |  |  |  |  |  |  |  |  |  | 284 |  |  |
Total |  |  |  |  | $ | 1,603 |  |  |  |  |  |  |  |  |  | $ | 1,974 |  |  |
(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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