XML 65 R15.htm IDEA: XBRL DOCUMENT v3.20.1
Revenue
3 Months Ended
Mar. 31, 2020
Revenue From Contract With Customer [Abstract]  
Revenue

8.  Revenue

Revenue from contracts with customers on a disaggregated basis was as follows:

 

 

Exploration and Production

 

 

Midstream

 

 

Eliminations

 

 

Total

 

 

 

United States

 

 

Guyana

 

 

Malaysia & JDA

 

 

Denmark

 

 

Libya

 

 

E&P Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(In millions)

 

Three Months Ended March 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of our net production volumes:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Crude oil revenue

 

$

656

 

 

$

38

 

 

$

2

 

 

$

36

 

 

$

 

 

$

732

 

 

$

 

 

$

 

 

$

732

 

Natural gas liquids revenue

 

 

49

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

49

 

 

 

 

 

 

 

 

 

49

 

Natural gas revenue

 

 

38

 

 

 

 

 

 

139

 

 

 

2

 

 

 

2

 

 

 

181

 

 

 

 

 

 

 

 

 

181

 

Sales of purchased oil and gas

 

 

324

 

 

 

1

 

 

 

 

 

 

 

 

 

 

 

 

325

 

 

 

 

 

 

 

 

 

325

 

Intercompany revenue

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

291

 

 

 

(291

)

 

 

 

Total sales and other operating revenues before other operating revenues

 

 

1,067

 

 

 

39

 

 

 

141

 

 

 

38

 

 

 

2

 

 

 

1,287

 

 

 

291

 

 

 

(291

)

 

 

1,287

 

Other operating revenues (a)

 

 

55

 

 

 

6

 

 

 

1

 

 

 

5

 

 

 

 

 

 

67

 

 

 

 

 

 

 

 

 

67

 

Total sales and other operating revenues

 

$

1,122

 

 

$

45

 

 

$

142

 

 

$

43

 

 

$

2

 

 

$

1,354

 

 

$

291

 

 

$

(291

)

 

$

1,354

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of our net production volumes:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Crude oil revenue

 

$

682

 

 

$

 

 

$

21

 

 

$

16

 

 

$

91

 

 

$

810

 

 

$

 

 

$

 

 

$

810

 

Natural gas liquids revenue

 

 

68

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

68

 

 

 

 

 

 

 

 

 

68

 

Natural gas revenue

 

 

42

 

 

 

 

 

 

180

 

 

 

3

 

 

 

6

 

 

 

231

 

 

 

 

 

 

 

 

 

231

 

Sales of purchased oil and gas

 

 

426

 

 

 

 

 

 

 

 

 

 

 

 

22

 

 

 

448

 

 

 

 

 

 

 

 

 

448

 

Intercompany revenue

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

190

 

 

 

(190

)

 

 

 

Total sales and other operating revenues before other operating revenues

 

 

1,218

 

 

 

 

 

 

201

 

 

 

19

 

 

 

119

 

 

 

1,557

 

 

 

190

 

 

 

(190

)

 

 

1,557

 

Other operating revenues (a)

 

 

15

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

15

 

 

 

 

 

 

 

 

 

15

 

Total sales and other operating revenues

 

$

1,233

 

 

$

 

 

$

201

 

 

$

19

 

 

$

119

 

 

$

1,572

 

 

$

190

 

 

$

(190

)

 

$

1,572

 

(a)

Includes gains (losses) on commodity derivatives.

There have been no significant changes to contracts with customers or composition thereof during the three months ended March 31, 2020.  Generally, we receive payments from customers on a monthly basis, shortly after the physical delivery of the crude oil, natural gas liquids, or natural gas.