Revenue (Tables)

6 Months Ended

Jun. 30, 2022

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 (in millions):

	Exploration and Production										Midstream		Eliminations		Total
	United States		Guyana		Malaysia and JDA		Other (a)		E&P Total
Three Months Ended June 30, 2022
Sales of our net production volumes:
Crude oil revenue	$	895	$	681	$	37	$	170	$	1,783	$	—	$	—	$	1,783
Natural gas liquids revenue	173		—		—		—		173		—		—		173
Natural gas revenue	126		—		215		5		346		—		—		346
Sales of purchased oil and gas	761		18		—		36		815		—		—		815
Intercompany revenue	—		—		—		—		—		314		(314)		—
Total revenues from contracts with customers	1,955		699		252		211		3,117		314		(314)		3,117
Other operating revenues (b)	(95)		(52)		—		(15)		(162)		—		—		(162)
Total sales and other operating revenues	$	1,860	$	647	$	252	$	196	$	2,955	$	314	$	(314)	$	2,955
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
Six Months Ended June 30, 2022
Sales of our net production volumes:
Crude oil revenue	$	1,731	$	907	$	68	$	316	$	3,022	$	—	$	—	$	3,022
Natural gas liquids revenue	354		—		—		—		354		—		—		354
Natural gas revenue	211		—		405		10		626		—		—		626
Sales of purchased oil and gas	1,421		22		—		71		1,514		—		—		1,514
Intercompany revenue	—		—		—		—		—		626		(626)		—
Total revenues from contracts with customers	3,717		929		473		397		5,516		626		(626)		5,516
Other operating revenues (b)	(153)		(67)		—		(28)		(248)		—		—		(248)
Total sales and other operating revenues	$	3,564	$	862	$	473	$	369	$	5,268	$	626	$	(626)	$	5,268
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

(a)Other includes Libya and our interests in Denmark, which were sold in the third quarter of 2021.

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