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BUSINESS SEGMENT INFORMATION - Financial Segment Information (Details) - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating Expenses:      
Lease operating expenses [1] $ 1,436,000,000 $ 1,444,000,000 $ 1,241,000,000
Taxes other than income 207,000,000 268,000,000 204,000,000
Exploration 195,000,000 305,000,000 155,000,000
Depreciation, depletion, and amortization 1,540,000,000 1,233,000,000 1,360,000,000
Asset retirement obligation accretion 116,000,000 117,000,000 113,000,000
Impairments 61,000,000 0 208,000,000
Total operating expenses 4,631,000,000 5,510,000,000 5,125,000,000
Operating Income (Loss) 3,648,000,000 5,565,000,000 2,860,000,000
Other Income (Expense):      
Gain on divestitures, net 8,000,000 1,180,000,000 67,000,000
Losses on previously sold Gulf of Mexico properties (212,000,000) (157,000,000) (446,000,000)
Derivative instrument gains (losses), net 99,000,000 (114,000,000) 94,000,000
Other 18,000,000 148,000,000 228,000,000
General and administrative (351,000,000) (483,000,000) (376,000,000)
Transaction, reorganization, and separation (15,000,000) (26,000,000) (22,000,000)
Financing costs, net (312,000,000) (379,000,000) (514,000,000)
NET INCOME BEFORE INCOME TAXES 2,883,000,000 5,734,000,000 1,891,000,000
Total assets 15,244,000,000 13,147,000,000 13,303,000,000
Net Property and Equipment 10,038,000,000 9,012,000,000 8,335,000,000
Additions to Net Property and Equipment 2,313,000,000 2,607,000,000 1,155,000,000
Operating Segments | Egypt      
Operating Expenses:      
Lease operating expenses 474,000,000 526,000,000 469,000,000
Taxes other than income 0 0 0
Exploration 119,000,000 84,000,000 63,000,000
Depreciation, depletion, and amortization 524,000,000 400,000,000 524,000,000
Asset retirement obligation accretion 0 0 0
Impairments 0   26,000,000
Total operating expenses 1,150,000,000 1,032,000,000 1,094,000,000
Operating Income (Loss) 1,879,000,000 2,489,000,000 991,000,000
Other Income (Expense):      
Total assets 3,503,000,000 3,148,000,000 2,796,000,000
Net Property and Equipment 2,209,000,000 1,976,000,000 1,720,000,000
Additions to Net Property and Equipment 834,000,000 695,000,000 319,000,000
Operating Segments | North Sea      
Operating Expenses:      
Lease operating expenses 369,000,000 404,000,000 383,000,000
Taxes other than income 0 0 0
Exploration 19,000,000 35,000,000 34,000,000
Depreciation, depletion, and amortization 271,000,000 238,000,000 270,000,000
Asset retirement obligation accretion 76,000,000 82,000,000 79,000,000
Impairments 50,000,000   22,000,000
Total operating expenses 837,000,000 802,000,000 827,000,000
Operating Income (Loss) 501,000,000 756,000,000 309,000,000
Other Income (Expense):      
Total assets 1,970,000,000 1,911,000,000 2,199,000,000
Net Property and Equipment 1,628,000,000 1,386,000,000 1,646,000,000
Additions to Net Property and Equipment 131,000,000 210,000,000 159,000,000
Operating Segments | U.S.      
Operating Expenses:      
Lease operating expenses 593,000,000 515,000,000 391,000,000
Taxes other than income 207,000,000 265,000,000 190,000,000
Exploration 14,000,000 24,000,000 28,000,000
Depreciation, depletion, and amortization 745,000,000 593,000,000 554,000,000
Asset retirement obligation accretion 40,000,000 34,000,000 30,000,000
Impairments 11,000,000   0
Total operating expenses 2,601,000,000 3,522,000,000 3,077,000,000
Operating Income (Loss) 1,311,000,000 2,472,000,000 1,679,000,000
Other Income (Expense):      
Total assets 9,221,000,000 7,574,000,000 6,269,000,000
Net Property and Equipment 5,689,000,000 5,226,000,000 4,507,000,000
Additions to Net Property and Equipment 1,255,000,000 1,439,000,000 523,000,000
Reportable Legal Entities | Altus Midstream      
Segment Reporting Information [Line Items]      
Total revenues 0 21,000,000 138,000,000
Operating Expenses:      
Lease operating expenses 0 0 0
Taxes other than income 0 3,000,000 14,000,000
Exploration 0 0 0
Depreciation, depletion, and amortization 0 2,000,000 12,000,000
Asset retirement obligation accretion 0 1,000,000 4,000,000
Impairments 0   160,000,000
Total operating expenses 0 11,000,000 227,000,000
Operating Income (Loss) 0 10,000,000 (89,000,000)
Other Income (Expense):      
Total assets 0 0 1,698,000,000
Net Property and Equipment 0 0 187,000,000
Additions to Net Property and Equipment 0 0 3,000,000
Intersegment Eliminations & Other      
Segment Reporting Information [Line Items]      
Total revenues 0 (19,000,000) (130,000,000)
Operating Expenses:      
Lease operating expenses 0 (1,000,000) (2,000,000)
Taxes other than income 0 0 0
Exploration 43,000,000 162,000,000 30,000,000
Depreciation, depletion, and amortization 0 0 0
Asset retirement obligation accretion 0 0 0
Impairments 0   0
Total operating expenses 43,000,000 143,000,000 (100,000,000)
Operating Income (Loss) (43,000,000) (162,000,000) (30,000,000)
Other Income (Expense):      
Total assets 550,000,000 514,000,000 341,000,000
Net Property and Equipment 512,000,000 424,000,000 275,000,000
Additions to Net Property and Equipment 93,000,000 263,000,000 151,000,000
Oil and gas, excluding purchased      
Segment Reporting Information [Line Items]      
Total revenues [1] 7,385,000,000 9,220,000,000 6,498,000,000
Operating Expenses:      
Gathering, processing, and transmission & purchased oil and gas costs [1] 334,000,000 367,000,000 264,000,000
Oil and gas, excluding purchased | Operating Segments | Egypt      
Segment Reporting Information [Line Items]      
Total revenues 3,029,000,000 3,521,000,000 2,085,000,000
Operating Expenses:      
Gathering, processing, and transmission & purchased oil and gas costs 33,000,000 22,000,000 12,000,000
Oil and gas, excluding purchased | Operating Segments | North Sea      
Segment Reporting Information [Line Items]      
Total revenues 1,338,000,000 1,558,000,000 1,136,000,000
Operating Expenses:      
Gathering, processing, and transmission & purchased oil and gas costs 52,000,000 43,000,000 39,000,000
Oil and gas, excluding purchased | Operating Segments | U.S.      
Segment Reporting Information [Line Items]      
Total revenues 3,018,000,000 4,144,000,000 3,280,000,000
Operating Expenses:      
Gathering, processing, and transmission & purchased oil and gas costs 249,000,000 315,000,000 309,000,000
Oil and gas, excluding purchased | Reportable Legal Entities | Altus Midstream      
Segment Reporting Information [Line Items]      
Total revenues 0 0 0
Operating Expenses:      
Gathering, processing, and transmission & purchased oil and gas costs 0 5,000,000 32,000,000
Oil and gas, excluding purchased | Intersegment Eliminations & Other      
Segment Reporting Information [Line Items]      
Total revenues 0 (3,000,000) (3,000,000)
Operating Expenses:      
Gathering, processing, and transmission & purchased oil and gas costs 0 (18,000,000) (128,000,000)
Purchased oil and gas costs      
Segment Reporting Information [Line Items]      
Total revenues [1] 894,000,000 1,855,000,000 1,487,000,000
Operating Expenses:      
Gathering, processing, and transmission & purchased oil and gas costs [1] 742,000,000 1,776,000,000 1,580,000,000
Purchased oil and gas costs | Operating Segments | Egypt      
Segment Reporting Information [Line Items]      
Total revenues 0 0 0
Operating Expenses:      
Gathering, processing, and transmission & purchased oil and gas costs 0 0 0
Purchased oil and gas costs | Operating Segments | North Sea      
Segment Reporting Information [Line Items]      
Total revenues 0 0 0
Operating Expenses:      
Gathering, processing, and transmission & purchased oil and gas costs 0 0 0
Purchased oil and gas costs | Operating Segments | U.S.      
Segment Reporting Information [Line Items]      
Total revenues 894,000,000 1,850,000,000 1,476,000,000
Operating Expenses:      
Gathering, processing, and transmission & purchased oil and gas costs 742,000,000 1,776,000,000 1,575,000,000
Purchased oil and gas costs | Reportable Legal Entities | Altus Midstream      
Segment Reporting Information [Line Items]      
Total revenues 0 5,000,000 11,000,000
Operating Expenses:      
Gathering, processing, and transmission & purchased oil and gas costs 0 0 5,000,000
Purchased oil and gas costs | Intersegment Eliminations & Other      
Segment Reporting Information [Line Items]      
Total revenues 0 0 0
Operating Expenses:      
Gathering, processing, and transmission & purchased oil and gas costs 0 0 0
Oil and gas      
Segment Reporting Information [Line Items]      
Total revenues 8,279,000,000 11,075,000,000 7,985,000,000
Oil and gas | Operating Segments | Egypt      
Segment Reporting Information [Line Items]      
Total revenues 3,029,000,000 3,521,000,000 2,085,000,000
Oil and gas | Operating Segments | North Sea      
Segment Reporting Information [Line Items]      
Total revenues 1,338,000,000 1,558,000,000 1,136,000,000
Oil and gas | Operating Segments | U.S.      
Segment Reporting Information [Line Items]      
Total revenues 3,912,000,000 5,994,000,000 4,756,000,000
Oil and gas | Reportable Legal Entities | Altus Midstream      
Segment Reporting Information [Line Items]      
Total revenues   16,000,000 127,000,000
Oil and gas | Intersegment Eliminations & Other      
Segment Reporting Information [Line Items]      
Total revenues   (16,000,000) (127,000,000)
Oil revenues      
Other Income (Expense):      
Revenue from non-customers 729,000,000 989,000,000 420,000,000
Oil revenues | Oil and gas, excluding purchased      
Segment Reporting Information [Line Items]      
Total revenues 5,997,000,000 6,835,000,000 4,585,000,000
Oil revenues | Oil and gas, excluding purchased | Operating Segments | Egypt      
Segment Reporting Information [Line Items]      
Total revenues 2,683,000,000 3,145,000,000 1,806,000,000
Oil revenues | Oil and gas, excluding purchased | Operating Segments | North Sea      
Segment Reporting Information [Line Items]      
Total revenues 1,073,000,000 1,232,000,000 929,000,000
Oil revenues | Oil and gas, excluding purchased | Operating Segments | U.S.      
Segment Reporting Information [Line Items]      
Total revenues 2,241,000,000 2,458,000,000 1,850,000,000
Oil revenues | Oil and gas, excluding purchased | Reportable Legal Entities | Altus Midstream      
Segment Reporting Information [Line Items]      
Total revenues 0 0 0
Oil revenues | Oil and gas, excluding purchased | Intersegment Eliminations & Other      
Segment Reporting Information [Line Items]      
Total revenues 0 0 0
Natural gas revenues      
Other Income (Expense):      
Revenue from non-customers 95,000,000 117,000,000 47,000,000
Natural gas revenues | Oil and gas, excluding purchased      
Segment Reporting Information [Line Items]      
Total revenues 880,000,000 1,569,000,000 1,207,000,000
Natural gas revenues | Oil and gas, excluding purchased | Operating Segments | Egypt      
Segment Reporting Information [Line Items]      
Total revenues 346,000,000 370,000,000 270,000,000
Natural gas revenues | Oil and gas, excluding purchased | Operating Segments | North Sea      
Segment Reporting Information [Line Items]      
Total revenues 237,000,000 281,000,000 183,000,000
Natural gas revenues | Oil and gas, excluding purchased | Operating Segments | U.S.      
Segment Reporting Information [Line Items]      
Total revenues 297,000,000 918,000,000 754,000,000
Natural gas revenues | Oil and gas, excluding purchased | Reportable Legal Entities | Altus Midstream      
Segment Reporting Information [Line Items]      
Total revenues 0 0 0
Natural gas revenues | Oil and gas, excluding purchased | Intersegment Eliminations & Other      
Segment Reporting Information [Line Items]      
Total revenues 0 0 0
Natural gas liquids revenues      
Other Income (Expense):      
Revenue from non-customers 0 2,000,000 2,000,000
Natural gas liquids revenues | Oil and gas, excluding purchased      
Segment Reporting Information [Line Items]      
Total revenues 508,000,000 816,000,000 706,000,000
Natural gas liquids revenues | Oil and gas, excluding purchased | Operating Segments | Egypt      
Segment Reporting Information [Line Items]      
Total revenues 0 6,000,000 9,000,000
Natural gas liquids revenues | Oil and gas, excluding purchased | Operating Segments | North Sea      
Segment Reporting Information [Line Items]      
Total revenues 28,000,000 45,000,000 24,000,000
Natural gas liquids revenues | Oil and gas, excluding purchased | Operating Segments | U.S.      
Segment Reporting Information [Line Items]      
Total revenues 480,000,000 768,000,000 676,000,000
Natural gas liquids revenues | Oil and gas, excluding purchased | Reportable Legal Entities | Altus Midstream      
Segment Reporting Information [Line Items]      
Total revenues 0 0 0
Natural gas liquids revenues | Oil and gas, excluding purchased | Intersegment Eliminations & Other      
Segment Reporting Information [Line Items]      
Total revenues $ 0 $ (3,000,000) $ (3,000,000)
[1]
(1) For related party transactions associated with Kinetik, refer to Note 6—Equity Method Interest for further detail.