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Segment Information
9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Segment Information
Segment Information  
We have operations throughout the world and manage our global 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, Gabon, and Sierra Leone, (which we have exited); Eastern Mediterranean (Israel and Cyprus); and Other International and Corporate. Other International includes the North Sea, China (through June 30, 2014), Falkland Islands, Nicaragua (which we have exited) and new ventures.
(millions)
Consolidated
 
United
States
 
West
Africa
 
Eastern
Mediterranean
 
Other Int'l &
Corporate
Three Months Ended September 30, 2015
 
 
 
 
 
 
 
 
 
Revenues from Third Parties
$
765

 
$
492

 
$
120

 
$
152

 
$
1

Income (Loss) from Equity Method Investees
36

 
16

 
20

 

 

Total Revenues
801

 
508

 
140

 
152

 
1

DD&A
539

 
437

 
67

 
22

 
13

(Gain) Loss on Commodity Derivative Instruments 
(267
)
 
(187
)
 
(80
)
 

 

Income (Loss) Before Income Taxes
(259
)
 
(189
)
 
98

 
107

 
(275
)
Three Months Ended September 30, 2014
 

 
 

 
 

 
 

 
 

Revenues from Third Parties
$
1,228

 
$
819

 
$
269

 
$
138

 
$
2

Income from Equity Method Investees
41

 

 
41

 

 

Total Revenues
1,269

 
819

 
310

 
138

 
2

DD&A
460

 
351

 
70

 
17

 
22

Gain on Divestitures
(30
)
 
(30
)
 

 

 

Asset Impairments
33

 
33

 

 

 

(Gain) Loss on Commodity Derivative Instruments
(385
)
 
(252
)
 
(133
)
 

 

Income (Loss) Before Income Taxes
576

 
457

 
321

 
90

 
(292
)
Nine Months Ended September 30, 2015
 
 
 
 
 
 
 
 
 
Revenues from Third Parties
$
2,227

 
$
1,411

 
$
432

 
$
378

 
$
6

Income from Equity Method Investees
60

 
35

 
25

 

 

Total Revenues
2,287

 
1,446

 
457

 
378

 
6

DD&A
1,444

 
1,138

 
223

 
52

 
31

Asset Impairments
43

 
11

 

 
32

 

(Gain) Loss on Commodity Derivative Instruments
(331
)
 
(231
)
 
(100
)
 

 

Income (Loss) Before Income Taxes
(593
)
 
(353
)
 
195

 
227

 
(662
)
Nine Months Ended September 30, 2014
 

 
 

 
 

 
 

 
 

Revenues from Third Parties
$
3,893

 
$
2,503

 
$
931

 
$
363

 
$
96

Income from Equity Method Investees
138

 

 
138

 

 

Total Revenues
4,031

 
2,503

 
1,069

 
363

 
96

DD&A
1,297

 
970

 
218

 
46

 
63

Gain on Divestitures
(72
)
 
(36
)
 

 

 
(36
)
Asset Impairments
164

 
56

 

 
14

 
94

(Gain) Loss on Commodity Derivative Instruments
(74
)
 
(6
)
 
(68
)
 

 

Income (Loss) Before Income Taxes
1,085

 
838

 
786

 
211

 
(750
)
September 30, 2015
 

 
 

 
 

 
 

 
 

Total Assets
$
25,965

 
$
20,052

 
$
2,240

 
$
2,503

 
$
1,170

December 31, 2014
 

 
 

 
 

 
 

 
 

Total Assets
22,553

 
16,400

 
2,763

 
2,806

 
584