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REVENUE RECOGNITION
 9 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
REVENUE RECOGNITION REVENUE RECOGNITION
Crude oil, natural gas, and NGL sales revenue presented within the accompanying statements of operations is reflective of the revenue generated from contracts with customers. Revenue attributable to each identified revenue stream and operating region is disaggregated below (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
Sales by Commodity and Operating Region2025202420252024
Crude oil
Permian Basin$517 $617 $1,488 $1,847 
DJ Basin433 487 1,231 1,467 
Total950 1,104 2,719 3,314 
Natural gas
Permian Basin2 (36)24 (54)
DJ Basin63 46 214 160 
Total65 10 238 106 
NGL
Permian Basin72 78 218 242 
DJ Basin73 80 231 249 
Total145 158 449 491 
Crude oil, natural gas, and NGL
Permian Basin591 659 1,730 2,035 
DJ Basin569 613 1,676 1,876 
Total$1,160 $1,272 $3,406 $3,911 
We record revenue in the month production is delivered to the purchaser. However, purchaser statements may not be received for one to two months after the date production is delivered, and as a result, we estimate the volume of production delivered to the purchaser and the price that will be received for the sale of the product. Generally, we record the differences between our estimates and the actual amounts received for product sales in the month that payment is received from the purchaser. Any identified differences between our revenue estimates and actual revenue received historically have not been significant. For the three and nine months ended September 30, 2025 and 2024, revenue recognized in the reporting period related to performance obligations satisfied in prior reporting periods was not material.