Segment Information (Tables)

3 Months Ended

Mar. 31, 2018



				Oil and Gas Exploration and Production											Midstream
(millions)	Consolidated			United States			Eastern Mediter- ranean			West Africa		Other Int'l			United States			Intersegment Eliminations and Other ⁽¹⁾				Corporate
Three Months Ended March 31, 2018
Crude Oil Sales	$	773		$	682		$	2		$	89	$	—		$	—		$	—			$	—
NGL Sales	146			146			—			—		—			—			—				—
Natural Gas Sales	254			120			129			5		—			—			—				—
Total Crude Oil, NGL and Natural Gas Sales	1,173			948			131			94		—			—			—				—
Income from Equity Method Investees and Other	60			—			—			35		—			25			—				—
Intersegment Revenues	—			—			—			—		—			81			(81		)		—
Sales of Purchased Oil and Gas	53			31			—			—		—			22			—				—
Total Revenues	1,286			979			131			129		—			128			(81		)		—
Lease Operating Expense	155			126			7			22		—			—			—				—
Production and Ad Valorem Taxes	54			53			—			—		—			1			—				—
Gathering, Transportation and Processing Expense	95			128			—			—		—			20			(53		)		—
Other Royalty Expense	17			17			—			—		—			—			—				—
Total Production Expense	321			324			7			22		—			21			(53		)		—
DD&A	468			404			13			26		—			17			(3		)		11
Asset Impairments	168			168			—			—		—			—			—				—
Gain on Divestitures	(588		)	(6		)	(386		)	—		—			(196		)	—			—	—
Purchased Oil and Gas	57			36			—			—		—			21			—				—
Loss on Commodity Derivative Instruments	79			64			—			15		—			—			—				—
Income (Loss) Before Income Taxes	543			(43		)	473			64		(9		)	247			(15		)		(174		)

Three Months Ended March 31, 2017
Crude Oil Sales	$	527		$	439		$	1		$	87	$	—		$	—		$	—			$	—
NGL Sales	105			105			—			—		—			—			—				—
Natural Gas Sales	362			226			130			6		—			—			—				—
Total Crude Oil, NGL and Natural Gas Sales	994			770			131			93		—			—			—				—
Income from Equity Method Investees and Other	42			—			—			28		—			14			—				—
Intersegment Revenues	—			—			—			—		—			58			(58		)		—
Total Revenues	1,036			770			131			121		—			72			(58		)		—



Lease Operating Expense	139			108			8		23			—			—		—			—
Production and Ad Valorem Taxes	41			40			—		—			—			1		—			—
Gathering, Transportation and Processing Expense	119			142			—		—			—			15		(38		)	—
Other Royalty Expense	4			4			—		—			—			—		—			—
Total Production Expense	303			294			8		23			—			16		(38		)	—
DD&A	528			459			19		34			1			5		—			10
Gain on Commodity Derivative Instruments	(110		)	(102		)	—		(8		)	—			—		—			—
Income (Loss) Before Income Taxes	59			62			101		66			(21		)	49		(22		)	(176		)

March 31, 2018
Goodwill ⁽²⁾	$	1,402		$	1,291		$	—	$	—		$	—		$	111	$	—		$	—
Total Assets	22,448			15,622			3,263		1,306			85			2,141		(217		)	248
December 31, 2017
Goodwill ⁽²⁾	1,310			1,310			—		—			—			—		—			—
Total Assets	21,476			15,767			2,846		1,308			114			1,357		(163		)	247

⁽¹⁾ The intersegment eliminations related to income (loss) before income taxes are the result of midstream expenditures. These costs are presented as property, plant and equipment within the upstream business on an unconsolidated basis, in accordance with the successful efforts method of accounting, and are eliminated upon consolidation.

⁽²⁾ Goodwill in the United States reportable segment is associated with our Texas reporting unit. Goodwill in the Midstream segment is associated with the Saddle Butte acquisition.