XML 27 R13.htm IDEA: XBRL DOCUMENT v3.23.3

Inventory, Linefill and Long-term Inventory

9 Months Ended

Sep. 30, 2023

Inventory Disclosure [Abstract]

Inventory, Linefill and Long-term Inventory

Inventory, Linefill and Long-term Inventory

Inventory, linefill and long-term inventory consisted of the following (barrels in thousands and carrying value in millions):

			September 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			4,491						barrels						$	366					$	81.50								6,713						barrels						$	452					$	67.33
NGL			9,107						barrels						242						$	26.57								7,285						barrels						270						$	37.06
Other			N/A												9						N/A									N/A												7						N/A
Inventory subtotal															617																											729
Linefill
Crude oil			15,255						barrels						891						$	58.41								15,480						barrels						906						$	58.53
NGL			2,195						barrels						66						$	30.07								1,876						barrels						55						$	29.32
Linefill subtotal															957																											961
Long-term inventory
Crude oil			3,254						barrels						290						$	89.12								3,102						barrels						246						$	79.30
NGL			1,326						barrels						37						$	27.90								1,066						barrels						38						$	35.65
Long-term inventory subtotal															327																											284
Total															$	1,901																										$	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.

X

- References

No definition available.

+ Details

Name:	us-gaap_InventoryDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 330
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//330/tableOfContent

+ Details

Name:	us-gaap_InventoryDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration