Revenues

9 Months Ended

Sep. 30, 2023

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 Equatorial Guinea.

As of September 30, 2023 and December 31, 2022, receivables from contracts with customers, included in receivables, less reserves for credit losses, were $1.1 billion and $875 million, respectively.

The following tables present our revenues from contracts with customers disaggregated by product type and geographic areas for the three and nine months ended September 30:

United States

	Three Months Ended September 30, 2023
(In millions)	Eagle Ford		Bakken		Oklahoma		Permian		Other U.S.		Total
Crude oil and condensate	$	587	$	580	$	64	$	164	$	13	$	1,408
Natural gas liquids	80		47		30		20		—		177
Natural gas	48		20		31		12		1		112
Other	2		—		—		—		1		3
Revenues from contracts with customers	$	717	$	647	$	125	$	196	$	15	$	1,700

	Three Months Ended September 30, 2022
(In millions)	Eagle Ford		Bakken		Oklahoma		Permian		Other U.S.		Total
Crude oil and condensate	$	523	$	648	$	104	$	114	$	39	$	1,428
Natural gas liquids	49		82		63		16		6		216
Natural gas	56		67		105		22		11		261
Other	3		—		—		—		19		22
Revenues from contracts with customers	$	631	$	797	$	272	$	152	$	75	$	1,927

	Nine Months Ended September 30, 2023
(In millions)	Eagle Ford		Bakken		Oklahoma		Permian		Other U.S.		Total
Crude oil and condensate	$	1,606	$	1,467	$	205	$	475	$	35	$	3,788
Natural gas liquids	215		125		102		60		—		502
Natural gas	141		69		95		30		2		337
Other	5		—		—		—		11		16
Revenues from contracts with customers	$	1,967	$	1,661	$	402	$	565	$	48	$	4,643

	Nine Months Ended September 30, 2022
(In millions)	Eagle Ford		Bakken		Oklahoma		Permian		Other U.S.		Total
Crude oil and condensate	$	1,526	$	2,049	$	341	$	302	$	124	$	4,342
Natural gas liquids	148		263		191		46		23		671
Natural gas	145		156		256		55		28		640
Other	6		—		—		—		71		77
Revenues from contracts with customers	$	1,825	$	2,468	$	788	$	403	$	246	$	5,730

International (E.G.)

	Three Months Ended September 30,				Nine Months Ended September 30,
(In millions)	2023		2022		2023		2022
Crude oil and condensate	$	64	$	75	$	160	$	186
Natural gas liquids	1		1		2		2
Natural gas	5		5		14		17
Other	1		—		3		2
Revenues from contracts with customers	$	71	$	81	$	179	$	207