Note 15. Segment Information

We have operations throughout the world and manage our operations by country. The following information is grouped into five components that are all primarily in the business of crude oil and natural gas exploration, development, and acquisition: the United States; West Africa (Equatorial Guinea, Cameroon, Senegal and Guinea-Bissau); Eastern Mediterranean (Israel and Cyprus); the North Sea (UK and the Netherlands); and Other International and Corporate. Other International includes China, Ecuador (through May 2011), and new ventures.

	Consolidated			United States			West Africa			Eastern Mediter- ranean		North Sea		Other Int'l and Corporate
(millions)
Three Months Ended September 30, 2011
Revenues from Third Parties	$	874		$	520		$	153		$	108	$	45	$	48
Income from Equity Method Investees		50			-			50			-		-		-
Total Revenues		924			520			203			108		45		48
DD&A		225			180			13			8		10		14
Gain on Commodity Derivative Instruments		(322	)		(213	)		(109	)		-		-		-
Income (Loss) Before Income Taxes		722			418			270			88		23		(77	)
Three Months Ended September 30, 2010
Revenues from Third Parties	$	726		$	458		$	64		$	63	$	99	$	42
Reclassification from AOCL (1)		(5	)		(5	)		-			-		-		-
Income from Equity Method Investees		34			-			34			-		-		-
Total Revenues		755			453			98			63		99		42
DD&A		231			184			10			7		20		10
Gain on Divestiture (2)		(114	)		(114	)		-			-		-		-
Asset Impairments (3)		100			100			-			-		-		-
(Gain) Loss on Commodity Derivative Instruments		(38	)		(49	)		11			-		-		-
Income (Loss) Before Income Taxes		298			211			64			51		59		(87	)

Nine Months Ended September 30, 2011
Revenues from Third Parties	$	2,632		$	1,578		$	401		$	236	$	271	$	146
Income from Equity Method Investees		146			-			146			-		-		-
Total Revenues		2,778			1,578			547			236		271		146
DD&A		681			534			30			19		62		36
Gain on Divestiture (2)		(26	)		(1	)		-			-		-		(25	)
Asset Impairments (3)		139			137			-			-		2		-
Gain on Commodity Derivative Instruments		(179	)		(163	)		(16	)		-		-		-
Income (Loss) Before Income Taxes		1,185			631			460			184		161		(251	)
Nine Months Ended September 30, 2010
Revenues from Third Parties	$	2,169		$	1,425		$	243		$	144	$	227	$	130
Reclassification from AOCL (1)		(15	)		(15	)		-			-		-		-
Income from Equity Method Investees		85			-			85			-		-		-
Total Revenues		2,239			1,410			328			144		227		130
DD&A		662			543			28			18		45		28
Gain on Divestiture (2)		(114	)		(114	)		-			-		-		-
Asset Impairments (3)		100			100			-			-		-		-
Gain on Commodity Derivative Instruments		(280	)		(277	)		(3	)		-		-		-
Income (Loss) Before Income Taxes		962			681			258			110		132		(219	)
September 30, 2011
Goodwill	$	696		$	696		$	-		$	-	$	-	$	-
Total Assets		15,833			10,921			2,544			1,540		625		203
December 31, 2010
Goodwill		696			696			-			-		-		-
Total Assets		13,282			9,091			2,270			919		770		232

(1)

Revenues include decreases resulting from hedging activities. The decreases resulted from hedge gains and losses that were deferred in AOCL, as a result of previous cash flow hedge accounting, and subsequently reclassified to revenues. All hedge gains and losses had been reclassified to revenues by December 31, 2010.

(2)	See Note 3. Acquisitions and Divestitures.

(3)	See Note 4. Asset Impairments.