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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, unless otherwise specified
9 Months Ended 12 Months Ended 5 Months Ended 12 Months Ended
Dec. 31, 2012
Dec. 31, 2013
May 24, 2012
Predecessor
Dec. 31, 2011
Predecessor
Operating revenues        
Oil and condensate $ 523 $ 1,283 $ 310 $ 513
Natural gas 234 331 228 901
NGLs 32 78 29 58
Financial derivatives (62) (52) 365 284
Total operating revenues 727 1,640 932 1,756
Operating expenses        
Natural gas purchases 19 25    
Transportation costs 51 92 45 85
Lease operating expense 71 163 80 177
General and administrative 358 228 69 185
Depreciation, depletion and amortization 209 618 307 579
Impairment and ceiling test charges 1 2 62 6
Exploration expense 43 45    
Taxes, other than income taxes 41 86 31 76
Total operating expenses 793 1,259 594 1,108
Operating income (loss) (66) 381 338 648
Loss from unconsolidated affiliate (1) (13) (5) (7)
Other income   1 2 1
Loss on extinguishment of debt (14) (9)    
Interest expense        
Third party (218) (321) (14) (9)
Affiliated       (5)
Income (loss) from continuing operations before income taxes (299) 39 321 628
Income tax expense     134 243
Income (loss) from continuing operations (299) 39 187 385
Income (loss) from discontinued operations, net of tax 44 510 (9) (123)
Net income (loss)     178 262
Net income (loss) $ (255) $ 549