Inventory, Linefill and Base Gas and Long-term Inventory (Tables)

9 Months Ended

Sep. 30, 2015

Inventory, Linefill and Base Gas and Long-term Inventory

Schedule of inventory, linefill and base gas and long-term inventory

Inventory, linefill and base gas and long-term inventory consisted of the following as of the dates indicated (barrels and natural gas volumes in thousands and carrying value in millions):

	September 30, 2015						December 31, 2014
		Unit of	Carrying		Price/			Unit of	Carrying		Price/
	Volumes	Measure	Value		Unit (1)		Volumes	Measure	Value		Unit (1)
Inventory
Crude oil	11,796	barrels	$	475	$	40.27	6,465	barrels	$	304	$	47.02
NGL	18,461	barrels		272	$	14.73	13,553	barrels		454	$	33.50
Natural gas	17,923	Mcf		48	$	2.68	32,317	Mcf		102	$	3.16
Other	N/A			42		N/A	N/A			31		N/A
Inventory subtotal				837						891
Linefill and base gas
Crude oil	12,327	barrels		724	$	58.73	11,810	barrels		744	$	63.00
NGL	1,348	barrels		45	$	33.38	1,212	barrels		52	$	42.90
Natural gas	30,812	Mcf		141	$	4.58	28,612	Mcf		134	$	4.68
Linefill and base gas subtotal				910						930
Long-term inventory
Crude oil	3,434	barrels		143	$	41.64	2,582	barrels		136	$	52.67
NGL	1,652	barrels		23	$	13.92	1,681	barrels		50	$	29.74
Long-term inventory subtotal				166						186
Total			$	1,913					$	2,007

⁽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.