Revenue (Tables)

9 Months Ended

Sep. 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 September 30, 2021
Sales of our net production volumes:
Crude oil revenue	$	654	$	214	$	2	$	104	$	974	$	—	$	—	$	974
Natural gas liquids revenue	143		—		—		—		143		—		—		143
Natural gas revenue	77		—		143		2		222		—		—		222
Sales of purchased oil and gas	457		4		—		23		484		—		—		484
Intercompany revenue	—		—		—		—		—		304		(304)		—
Total revenues from contracts with customers	1,331		218		145		129		1,823		304		(304)		1,823
Other operating revenues (b)	(51)		(9)		—		(4)		(64)		—		—		(64)
Total sales and other operating revenues	$	1,280	$	209	$	145	$	125	$	1,759	$	304	$	(304)	$	1,759
Three Months Ended September 30, 2020
Sales of our net production volumes:
Crude oil revenue	$	471	$	80	$	13	$	11	$	575	$	—	$	—	$	575
Natural gas liquids revenue	68		—		—		—		68		—		—		68
Natural gas revenue	34		—		116		1		151		—		—		151
Sales of purchased oil and gas	220		1		—		—		221		—		—		221
Intercompany revenue	—		—		—		—		—		264		(264)		—
Total revenues from contracts with customers	793		81		129		12		1,015		264		(264)		1,015
Other operating revenues (b)	125		18		—		1		144		—		—		144
Total sales and other operating revenues	$	918	$	99	$	129	$	13	$	1,159	$	264	$	(264)	$	1,159
Nine Months Ended September 30, 2021
Sales of our net production volumes:
Crude oil revenue	$	2,200	$	529	$	51	$	355	$	3,135	$	—	$	—	$	3,135
Natural gas liquids revenue	406		—		—		—		406		—		—		406
Natural gas revenue	251		—		484		6		741		—		—		741
Sales of purchased oil and gas	1,054		12		—		68		1,134		—		—		1,134
Intercompany revenue	—		—		—		—		—		887		(887)		—
Total revenues from contracts with customers	3,911		541		535		429		5,416		887		(887)		5,416
Other operating revenues (b)	(145)		(19)		—		(16)		(180)		—		—		(180)
Total sales and other operating revenues	$	3,766	$	522	$	535	$	413	$	5,236	$	887	$	(887)	$	5,236
Nine Months Ended September 30, 2020
Sales of our net production volumes:
Crude oil revenue	$	1,390	$	149	$	16	$	61	$	1,616	$	—	$	—	$	1,616
Natural gas liquids revenue	159		—		—		—		159		—		—		159
Natural gas revenue	104		—		344		7		455		—		—		455
Sales of purchased oil and gas	679		2		—		—		681		—		—		681
Intercompany revenue	—		—		—		—		—		825		(825)		—
Total revenues from contracts with customers	2,332		151		360		68		2,911		825		(825)		2,911
Other operating revenues (b)	368		51		1		15		435		—		—		435
Total sales and other operating revenues	$	2,700	$	202	$	361	$	83	$	3,346	$	825	$	(825)	$	3,346

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

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