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Inventory, Linefill and Base Gas and Long-term Inventory | 3 Months Ended
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Mar. 31, 2021
Inventory, Linefill and Base Gas and Long-term Inventory |
Inventory, Linefill and Base Gas and Long-term Inventory | Inventory, Linefill and Base Gas and Long-term Inventory Inventory, linefill and base gas and long-term inventory consisted of the following (barrels and natural gas volumes in thousands and carrying value in millions):
| March 31, 2021 |  |  | December 31, 2020
| Volumes |  | Unit of Measure |  | Carrying Value |  | Price/ Unit (1) |  |  | Volumes |  | Unit of Measure |  | Carrying Value |  | Price/ Unit (1)
Inventory |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Crude oil | 8,896 |  |  | barrels |  | $ | 373 |  |  | $ | 41.93 |  |  |  | 13,450 |  |  | barrels |  | $ | 441 |  |  | $ | 32.79 |
NGL | 4,872 |  |  | barrels |  | 105 |  |  | $ | 21.55 |  |  |  | 12,302 |  |  | barrels |  | 199 |  |  | $ | 16.18 |
Other | N/A |  |  |  | 6 |  |  | N/A |  |  | N/A |  |  |  | 7 |  |  | N/A
Inventory subtotal |  |  |  |  | 484 |  |  |  |  |  |  |  |  |  | 647 |  |  |
Linefill and base gas |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Crude oil | 14,653 |  |  | barrels |  | 828 |  |  | $ | 56.51 |  |  |  | 14,669 |  |  | barrels |  | 828 |  |  | $ | 56.45 |
NGL | 1,650 |  |  | barrels |  | 45 |  |  | $ | 27.27 |  |  |  | 1,640 |  |  | barrels |  | 44 |  |  | $ | 26.83 |
Natural gas | 25,576 |  |  | Mcf |  | 110 |  |  | $ | 4.30 |  |  |  | 25,576 |  |  | Mcf |  | 110 |  |  | $ | 4.30 |
Linefill and base gas subtotal |  |  |  |  | 983 |  |  |  |  |  |  |  |  |  | 982 |  |  |
Long-term inventory |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Crude oil | 2,669 |  |  | barrels |  | 154 |  |  | $ | 57.70 |  |  |  | 2,499 |  |  | barrels |  | 111 |  |  | $ | 44.42 |
NGL | 1,105 |  |  | barrels |  | 24 |  |  | $ | 21.72 |  |  |  | 1,185 |  |  | barrels |  | 19 |  |  | $ | 16.03 |
Long-term inventory subtotal |  |  |  |  | 178 |  |  |  |  |  |  |  |  |  | 130 |  |  |
Total |  |  |  |  | $ | 1,645 |  |  |  |  |  |  |  |  |  | $ | 1,759 |  |  |
(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.

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- Definition The complete disclosure related to inventory, linefill and base gas and long-term inventory. This may include, but is not limited to, the basis of stating inventory, linefill, and base gas and long-term inventory, the method of determining inventory, linefill and base gas and long-term inventory cost, the major classes of inventory, linefill and base gas and long-term inventory, and the nature of the cost elements included in inventory, linefill and base gas and long-term inventory. If inventory, linefill and base gas and long-term inventory is stated above cost, accrued net losses on firm purchase commitments for inventory, linefill and base gas and long-term inventory and losses resulting from valuing inventory, linefill and base gas and long-term inventory at the lower-of-cost-or-market may also be included. + References No definition available. + Details
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