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Condensed Consolidated Statements of Equity (Parenthetical)
shares in Thousands, $ in Millions
9 Months Ended
Sep. 30, 2018
USD ($)
shares
Value of common stock at issuance $ 101 [1]
Chevron  
Common stock shares issued (in shares) | shares 2,850
Value of common stock at issuance $ 51
Ares-led investor group | Ares JV  
Common stock shares issued (in shares) | shares 2,300
Value of common stock at issuance $ 50
[1] Includes 2.85 million shares of common stock (valued at $51 million at issuance) issued to Chevron in connection with our acquisition of Chevron's working interest in Elk Hills unit and 2.3 million shares of common stock (valued at $50 million at issuance) issued to an Ares-led investor group in connection with the formation of our Ares JV. See Note 7 Acquisitions and Divestitures for more information.