Revenue (Tables)

6 Months Ended

Jun. 30, 2021

Revenue from Contract with Customer [Abstract]

Summary of Revenue from Contracts with Customers on a Disaggregated Basis

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

	Exploration and Production										Midstream		Eliminations		Total
	United States		Guyana		Malaysia & JDA		Other (a)		E&P Total
	(In millions)
Three Months Ended June 30, 2021
Sales of our net production volumes:
Crude oil revenue	$	661	$	134	$	27	$	135	$	957	$	—	$	—	$	957
Natural gas liquids revenue	120		—		—		—		120		—		—		120
Natural gas revenue	61		—		178		1		240		—		—		240
Sales of purchased oil and gas	299		4		—		26		329		—		—		329
Intercompany revenue	—		—		—		—		—		294		(294)		—
Total revenues from contracts with customers	1,141		138		205		162		1,646		294		(294)		1,646
Other operating revenues (b)	(53)		(6)		—		(8)		(67)		—		—		(67)
Total sales and other operating revenues	$	1,088	$	132	$	205	$	154	$	1,579	$	294	$	(294)	$	1,579
Three Months Ended June 30, 2020
Sales of our net production volumes:
Crude oil revenue	$	254	$	31	$	1	$	14	$	300	$	—	$	—	$	300
Natural gas liquids revenue	43		—		—		—		43		—		—		43
Natural gas revenue	32		—		89		2		123		—		—		123
Sales of purchased oil and gas	143		—		—		—		143		—		—		143
Intercompany revenue	—		—		—		—		—		270		(270)		—
Total revenues from contracts with customers	472		31		90		16		609		270		(270)		609
Other operating revenues (b)	188		27		—		9		224		—		—		224
Total sales and other operating revenues	$	660	$	58	$	90	$	25	$	833	$	270	$	(270)	$	833
Six Months Ended June 30, 2021
Sales of our net production volumes:
Crude oil revenue	$	1,546	$	315	$	49	$	251	$	2,161	$	—	$	—	$	2,161
Natural gas liquids revenue	263		—		—		—		263		—		—		263
Natural gas revenue	174		—		341		4		519		—		—		519
Sales of purchased oil and gas	597		8		—		45		650		—		—		650
Intercompany revenue	—		—		—		—		—		583		(583)		—
Total revenues from contracts with customers	2,580		323		390		300		3,593		583		(583)		3,593
Other operating revenues (b)	(94)		(10)		—		(12)		(116)		—		—		(116)
Total sales and other operating revenues	$	2,486	$	313	$	390	$	288	$	3,477	$	583	$	(583)	$	3,477
Six Months Ended June 30, 2020
Sales of our net production volumes:
Crude oil revenue	$	919	$	69	$	3	$	50	$	1,041	$	—	$	—	$	1,041
Natural gas liquids revenue	91		—		—		—		91		—		—		91
Natural gas revenue	70		—		228		6		304		—		—		304
Sales of purchased oil and gas	459		1		—		—		460		—		—		460
Intercompany revenue	—		—		—		—		—		561		(561)		—
Total revenues from contracts with customers	1,539		70		231		56		1,896		561		(561)		1,896
Other operating revenues (b)	243		33		1		14		291		—		—		291
Total sales and other operating revenues	$	1,782	$	103	$	232	$	70	$	2,187	$	561	$	(561)	$	2,187

(a)Other includes our interests in Denmark and Libya.

(b)Includes gains (losses) on commodity derivatives.