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Inventory, Linefill and Long-term Inventory
6 Months Ended
Jun. 30, 2024
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):

 June 30, 2024December 31, 2023
 
Volumes
Unit of
Measure
Carrying
Value
Price/
Unit (1)
Volumes
Unit of
Measure
Carrying
Value
Price/
Unit (1)
Inventory
        
Crude oil
4,767 
barrels
$340 $71.32 5,877 
barrels
$383 $65.17 
NGL
6,276 
barrels
148 $23.58 5,957 
barrels
154 $25.85 
Other
N/A 14 N/AN/A 11 N/A
Inventory subtotal
  502    548  
Linefill
        
Crude oil
15,581 
barrels
915 $58.73 15,409 
barrels
909 $58.99 
NGL
2,223 
barrels
65 $29.24 2,168 
barrels
67 $30.90 
Linefill subtotal
  980    976  
Long-term inventory
        
Crude oil
3,267 
barrels
257 $78.67 3,256 
barrels
232 $71.25 
NGL
1,355 
barrels
33 $24.35 1,326 
barrels
33 $24.89 
Long-term inventory subtotal
  290    265  
Total
  $1,772    $1,789  
(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.