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Segment Information
3 Months Ended
Mar. 31, 2016
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 exited in second quarter 2015); Eastern Mediterranean (Israel and Cyprus); and Other International and Corporate. Other International includes the North Sea, Falkland Islands, Suriname, Nicaragua (which we exited in first quarter 2015) and new ventures.
(millions)
Consolidated
 
United
States
 
West
Africa
 
Eastern
Mediterranean
 
Other Int'l &
Corporate
Three Months Ended March 31, 2016
 
 
 
 
 
 
 
 
 
Revenues from Third Parties
$
705

 
$
489

 
$
90

 
$
126

 
$

Income from Equity Method Investees
19

 
16

 
3

 

 

Total Revenues
724

 
505

 
93

 
126

 

DD&A
617

 
530

 
55

 
20

 
12

Gain on Commodity Derivative Instruments
(44
)
 
(37
)
 
(7
)
 

 

Income (Loss) Before Income Taxes
(453
)
 
(292
)
 
9

 
84

 
(254
)
Three Months Ended March 31, 2015
 

 
 

 
 

 
 

 
 

Revenues from Third Parties
$
749

 
$
487

 
$
138

 
$
120

 
$
4

Income from Equity Method Investees
18

 
11

 
7

 

 

Total Revenues
767

 
498

 
145

 
120

 
4

DD&A
454

 
357

 
77

 
15

 
5

Asset Impairments
27

 
3

 

 
24

 

Gain on Commodity Derivative Instruments
(150
)
 
(105
)
 
(45
)
 

 

Income (Loss) Before Income Taxes
(42
)
 
(1
)
 
74

 
51

 
(166
)
March 31, 2016
 

 
 

 
 

 
 

 
 

Total Assets
$
23,413

 
$
18,387

 
$
2,233

 
$
2,459

 
$
334

December 31, 2015
 

 
 

 
 

 
 

 
 

Total Assets
24,196

 
18,831

 
2,299

 
2,677

 
389