Revenue from Contracts with Customers (Tables)

3 Months Ended

Mar. 31, 2026

Revenue from Contract with Customer [Abstract]

Disaggregation of oil, gas, and NGL production revenue

The table below presents oil, gas, and NGL production revenue by product type for each of the Company’s operating areas. The Permian Basin and DJ Basin amounts include activity related to the assets acquired in the Civitas Merger, which is reflected only for the portion of the quarter occurring after January 30, 2026.



	Three Months Ended March 31,
	2026		2025

	(in millions)
Oil production revenue
Permian Basin	$	700	$	336
DJ Basin	267		—
South Texas	96		117
Uinta Basin	199		205
Total	1,262		658
Gas production revenue
Permian Basin	13		56
DJ Basin	44		—
South Texas	60		54
Uinta Basin	7		9
Total	124		120
NGL production revenue
Permian Basin	16		—
DJ Basin	31		—
South Texas	44		61
Uinta Basin	—		—
Total	91		61
Oil, Gas, and NGL production revenue
Permian Basin	729		393
DJ Basin	342		—
South Texas	200		233
Uinta Basin	206		214
Total	$	1,477	$	840

Relative percentage of total Oil, Gas, and NGL production revenue
Permian Basin	49%		47%
DJ Basin	23%		—%
South Texas	14%		28%
Uinta Basin	14%		25%