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SUPPLEMENTAL ACCOUNT BALANCES - Other Current Assets (Details) - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
SUPPLEMENTAL INFORMATION [Abstract]
Net amounts due from joint interest partners	$ 48	$ 43
Fair value of commodity derivative contracts	0	21
Prepaid expenses	16	19
Greenhouse gas allowances	12	12
Income tax receivable	8	0
Other	19	18
Other current assets, net	103	113
Due from joint interest partners, allowances	$ 3	$ 3

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Supplemental Information

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Fair value, after the effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled within one year or normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset.

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Carrying amount due within one year of the balance sheet date (or one operating cycle, if longer) from tax authorities as of the balance sheet date representing refunds of overpayments or recoveries based on agreed-upon resolutions of disputes.

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Amount of asset related to consideration paid in advance for costs that provide economic benefits within a future period of one year or the normal operating cycle, if longer.

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