XML 25 R13.htm IDEA: XBRL DOCUMENT v3.20.2
Revenues
6 Months Ended
Jun. 30, 2020
Revenue from Contract with Customer [Abstract]  
Revenues Revenues
The majority of our revenues are derived from the sale of crude oil and condensate, NGLs and natural gas under spot and term agreements with our customers in the United States and various international locations.
As of June 30, 2020 and December 31, 2019, receivables from contracts with customers, included in receivables, less reserves were $487 million and $837 million, respectively.
The following tables present our revenues from contracts with customers disaggregated by product type and geographic areas for the three and six months ended June 30 as follows:
United States
Three Months Ended June 30, 2020
(In millions)Eagle FordBakkenOklahomaNorthern DelawareOther U.S.Total
Crude oil and condensate$142  $147  $32  $33  $ $361  
Natural gas liquids16   13    37  
Natural gas 20   24    54  
Other —  —  —   10  
Revenues from contracts with customers$179  $155  $69  $41  $18  $462  
Three Months Ended June 30, 2019
(In millions)Eagle FordBakkenOklahomaNorthern DelawareOther U.S.Total
Crude oil and condensate$350  $453  $111  $77  $30  $1,021  
Natural gas liquids30  15  31    84  
Natural gas 32   36    79  
Other —  —  —  15  16  
Revenues from contracts with customers$413  $474  $178  $85  $50  $1,200  
Six Months Ended June 30, 2020
(In millions)Eagle FordBakkenOklahomaNorthern DelawareOther U.S.Total
Crude oil and condensate$449  $477  $116  $107  $40  $1,189  
Natural gas liquids31  13  34    88  
Natural gas44  13  53    121  
Other —  —  —  31  34  
Revenues from contracts with customers$527  $503  $203  $121  $78  $1,432  

Six Months Ended June 30, 2019
(In millions)Eagle FordBakkenOklahomaNorthern DelawareOther U.S.Total
Crude oil and condensate$668  $825  $188  $141  $58  $1,880  
Natural gas liquids65  25  53  15   161  
Natural gas66  18  81   10  182  
Other —  —  —  36  39  
Revenues from contracts with customers$802  $868  $322  $163  $107  $2,262  
International
Three Months Ended June 30, 2020
(In millions)E.G.
Crude oil and condensate$20  
Natural gas liquids 
Natural gas  
Revenues from contracts with customers$28  
Three Months Ended June 30, 2019
(In millions)E.G.U.K.Other Int’lTotal
Crude oil and condensate$101  $51  $ $161  
Natural gas liquids —  —   
Natural gas   —  13  
Other—   —   
Revenues from contracts with customers$111  $61  $ $181  
Six Months Ended June 30, 2020
(In millions)E.G.
Crude oil and condensate$65  
Natural gas liquids 
Natural gas15  
Revenues from contracts with customers$82  
Six Months Ended June 30, 2019
(In millions)E.G.U.K.Other Int’lTotal
Crude oil and condensate$148  $107  $19  $274  
Natural gas liquids  —   
Natural gas16  12  —  28  
Other—  14  —  14  
Revenues from contracts with customers$166  $134  $19  $319