Segment Information (Tables)

3 Months Ended

Mar. 31, 2020



				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, 2020
Crude Oil Sales	$	578		$	492	$	1		$	85		$	—	$	—		$	—		$	—
NGL Sales	62			62		—			—			—		—			—			—
Natural Gas Sales	254			60		190			4			—		—			—			—
Total Crude Oil, NGL and Natural Gas Sales	894			614		191			89			—		—			—			—
Sales of Purchased Oil and Gas	125			25		—			—			—		83			—			17
Loss from Equity Method Investments and Other	(24		)	—		(2		)	(17		)	—		(5		)	—			—
Midstream Services Revenues – Third Party	25			—		—			—			—		25			—			—
Intersegment Revenues	—			—		—			—			—		115			(115		)	—
Total Revenues	1,020			639		189			72			—		218			(115		)	17
Lease Operating Expense	138			108		13			30			—		1			(14		)	—
Production and Ad Valorem Taxes	39			37		—			—			—		2			—			—
Gathering, Transportation and Processing Expense	95			146		3			—			—		21			(75		)	—
Other Royalty Expense	4			4		—			—			—		—			—			—
Total Production Expense	276			295		16			30			—		24			(89		)	—
Exploration Expense	1,504			1,494		2			3			5		—			—			—



				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
Depreciation, Depletion and Amortization	492			419			19		24		—			26			(9		)	13
Cost of Purchased Oil and Gas	139			28			—		—		—			80			—			31
Asset Impairments	2,703			2,703			—		—		—			—			—			—
Goodwill Impairment	110			—			—		—		—			110			—			—
Gain on Commodity Derivative Instruments	(389		)	(389		)	—		—		—			—			—			—
(Loss) Income Before Income Taxes	(4,018		)	(3,917		)	145		10		(6		)	(31		)	(11		)	(208		)
Additions to Long-Lived Assets, Excluding Acquisitions	442			357			31		19		9			43			(24		)	7
Additions to Equity Method Investments	153			—			—		—		—			153			—			—
Three Months Ended March 31, 2019
Crude Oil Sales	$	612		$	545		$	1	$	66	$	—		$	—		$	—		$	—
NGL Sales	96			96			—		—		—			—			—			—
Natural Gas Sales	229			108			117		4		—			—			—			—
Total Crude Oil, NGL and Natural Gas Sales	937			749			118		70		—			—			—			—
Sales of Purchased Oil and Gas	74			14			—		—		—			33			—			27
Income from Equity Method Investments and Other	17			—			—		15		—			2			—			—
Midstream Services Revenues – Third Party	24			—			—		—		—			24			—			—
Intersegment Revenues	—			—			—		—		—			106			(106		)	—
Total Revenues	1,052			763			118		85		—			165			(106		)	27
Lease Operating Expense	151			125			10		24		—			1			(9		)	—
Production and Ad Valorem Taxes	49			47			—		—		—			2			—			—
Gathering, Transportation and Processing Expense	102			142			—		—		—			29			(69		)	—
Other Royalty Expense	3			3			—		—		—			—			—			—
Total Production Expense	305			317			10		24		—			32			(78		)	—
Depreciation, Depletion and Amortization	508			439			16		20		—			25			(7		)	15
Cost of Purchased Oil and Gas	87			14			—		—		—			31			—			42
Firm Transportation Exit Cost	92			—			—		—		—			—			—			92
Loss on Commodity Derivative Instruments	212			188			—		24		—			—			—			—
(Loss) Income Before Income Taxes	(373		)	(247		)	84		11		(16		)	73			(14		)	(264		)
Additions to Long-Lived Assets, Excluding Acquisitions	712			511			132		5		10			66			(23		)	11
Additions to Equity Method Investments	271			—			—		—		—			271			—			—
March 31, 2020
Property, Plant and Equipment, Net	$	13,221		$	7,641		$	3,055	$	792	$	53		$	1,734		$	(225	)	$	171



			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
December 31, 2019
Property, Plant and Equipment, Net	$	17,451	$	11,859	$	3,041	$	793	$	44	$	1,721	$	(223	)	$	216

⁽¹⁾

Intersegment eliminations related to income (loss) before income taxes are the result of midstream expenditures. Certain of these expenditures are presented as property, plant and equipment within the E&P business on an unconsolidated basis, in accordance with the successful efforts method of accounting. Other expenditures are presented as production expense. Intercompany revenues and expenses are eliminated upon consolidation.