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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Operating revenues    
Oil $ 411 $ 266
Natural gas 87 82
NGLs 27 15
Financial derivatives (135) (131)
Total operating revenues 390 232
Operating expenses    
Natural gas purchases 3 2
Transportation costs 26 22
Lease operating expense 47 38
General and administrative 49 58
Depreciation, depletion and amortization 198 125
Exploration expense 8 13
Taxes, other than income taxes 34 23
Total operating expenses 365 281
Operating income (loss) 25 (49)
Earnings from unconsolidated affiliate   2
Loss on extinguishment of debt   (1)
Interest expense (77) (84)
Loss from continuing operations (52) (132)
Income from discontinued operations, net of tax 15 26
Net loss $ (37) $ (106)