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Segment Information (Tables)
9 Months Ended
Sep. 30, 2013
Segment Reporting [Abstract]  
Segment Information
We have operations throughout the world and manage our operations by country. The following information is grouped into four components that are all in the business of crude oil and natural gas exploration, development, production, and acquisition: the United States; West Africa (Equatorial Guinea, Cameroon, Sierra Leone, and Senegal/Guinea-Bissau, which we exited in the third quarter of 2012); Eastern Mediterranean (Israel and Cyprus); and Other International and Corporate. Other International includes China, Falkland Islands, Nicaragua and new ventures. As of September 30, 2013, our remaining North Sea assets were reclassified to assets held for sale, and prior year amounts have been reclassified to exclude the North Sea geographical segment. See Note 3. Divestitures.
 
Consolidated
 
United
States
 
West
Africa
 
Eastern
Mediterranean
 
Other Int'l &
Corporate
(millions)
 
 
 
 
 
 
 
 
 
Three Months Ended September 30, 2013
 
 
 
 
 
 
 
 
 
Revenues from Third Parties
$
1,341

 
$
810

 
$
372

 
$
122

 
$
37

Income from Equity Method Investees
53

 

 
53

 

 

Total Revenues
1,394

 
810

 
425

 
122

 
37

DD&A
412

 
295

 
72

 
26

 
19

Gain on Divestitures

 

 

 

 

Asset Impairments
63

 
16

 

 
47

 

Loss on Commodity Derivative Instruments (1)
157

 
115

 
42

 

 

Income (Loss) from Continuing Operations Before Income Taxes
311

 
183

 
223

 
34

 
(129
)
Three Months Ended September 30, 2012
 

 
 

 
 

 
 

 
 

Revenues from Third Parties
$
954

 
$
593

 
$
280

 
$
48

 
$
33

Income from Equity Method Investees
51

 
3

 
48

 

 

Total Revenues
1,005

 
596

 
328

 
48

 
33

DD&A
368

 
240

 
61

 
49

 
18

Gain on Divestitures
(157
)
 
(157
)
 

 

 

Asset Impairments

 

 

 

 

Loss on Commodity Derivative Instruments (1)
135

 
42

 
93

 

 

Income (Loss) from Continuing Operations Before Income Taxes
275

 
337

 
85

 
(11
)
 
(136
)
Nine Months Ended September 30, 2013
 
 
 
 
 
 
 
 
 
Revenues from Third Parties
$
3,537

 
$
2,209

 
$
935

 
$
274

 
$
119

Income from Equity Method Investees
150

 

 
150

 

 

Total Revenues
3,687

 
2,209

 
1,085

 
274

 
119

DD&A
1,146

 
819

 
189

 
81

 
57

Gain on Divestitures
(12
)
 
(12
)
 

 

 

Asset Impairments
63

 
16

 

 
47

 

Loss on Commodity Derivative Instruments (1)
69

 
54

 
15

 

 

Income (Loss) from Continuing Operations Before Income Taxes
1,115

 
746

 
722

 
93

 
(446
)
Nine Months Ended September 30, 2012
 

 
 

 
 

 
 

 
 

Revenues from Third Parties
$
2,925

 
$
1,674

 
$
995

 
$
121

 
$
135

Income from Equity Method Investees
137

 
6

 
131

 

 

Total Revenues
3,062

 
1,680

 
1,126

 
121

 
135

DD&A
987

 
670

 
196

 
64

 
57

Gain on Divestitures
(167
)
 
(167
)
 

 

 

Asset Impairments
73

 
73

 

 

 

(Gain) Loss on Commodity Derivative Instruments (1)
(46
)
 
(60
)
 
14

 

 

Income (Loss) from Continuing Operations Before Income Taxes
999

 
578

 
767

 
26

 
(372
)
September 30, 2013
 

 
 

 
 

 
 

 
 

Total Assets
$
18,829

 
$
12,462

 
$
3,300

 
$
2,642

 
$
425

December 31, 2012
 

 
 

 
 

 
 

 
 

Total Assets
17,509

 
11,199

 
3,063

 
2,572

 
675

(1) See Note 4. Derivative Instruments and Hedging Activities.