XML 52 R41.htm IDEA: XBRL DOCUMENT v3.26.1
Business Segment Information - Schedule of Selected Financial Information by Reportable Segment (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Schedule of Segment Reporting Information By Segment [Abstract]          
Gains (Losses) on Asset Dispositions, Net $ 58 $ 0 $ 89 $ (1)  
Total 8,620 5,478 15,541 11,147  
Lease and Well 467 396 929 797  
Gathering, Processing and Transportation Costs 676 455 1,330 895  
Marketing Costs 1,950 1,216 3,334 2,541  
Depreciation, Depletion and Amortization 1,259 1,053 2,452 2,066  
General and Administrative 213 186 398 357  
Taxes Other Than Income 431 301 769 642  
Operating Income (Loss) 3,528 1,747 6,126 3,606  
Interest Income 35 56 66 124  
Other Income (Expense) 3 (1) (5) (4)  
Interest Expense, Net 67 51 133 98  
Income Before Income Taxes 3,499 1,751 6,054 3,628  
Additions to Oil and Gas Properties, Excluding Dry Hole Costs 1,663 1,690 3,183 3,046  
Total Property, Plant and Equipment, Net 43,240 35,361 43,240 35,361 $ 42,341
Total Assets 54,783 46,284 54,783 46,284 $ 51,799
Crude Oil and Condensate          
Schedule of Segment Reporting Information By Segment [Abstract]          
Revenue from contract with customer 4,901 2,974 8,478 6,267  
Natural Gas Liquids          
Schedule of Segment Reporting Information By Segment [Abstract]          
Revenue from contract with customer 770 534 1,434 1,106  
Natural Gas          
Schedule of Segment Reporting Information By Segment [Abstract]          
Revenue from contract with customer 812 600 1,833 1,237  
Gains (Losses) on Mark-to-Market Financial Commodity and Other Derivative Contracts, Net          
Schedule of Segment Reporting Information By Segment [Abstract]          
Revenue not from contract with customer 40 107 153 (84)  
Gathering, Processing and Marketing          
Schedule of Segment Reporting Information By Segment [Abstract]          
Revenue from contract with customer 2,011 1,247 3,507 2,587  
Other, Net          
Schedule of Segment Reporting Information By Segment [Abstract]          
Revenue not from contract with customer 28 16 47 35  
United States          
Schedule of Segment Reporting Information By Segment [Abstract]          
Gains (Losses) on Asset Dispositions, Net 55 (3) 86 0  
Total 8,482 5,385 15,300 10,968  
Lease and Well 449 383 895 768  
Gathering, Processing and Transportation Costs 671 454 1,324 894  
Marketing Costs 1,950 1,216 3,334 2,541  
Depreciation, Depletion and Amortization 1,205 1,016 2,357 1,979  
General and Administrative 203 178 378 340  
Taxes Other Than Income 425 300 760 640  
Other Segment Items 90 79 186 161  
Operating Income (Loss) 3,489 1,759 6,066 3,645  
Interest Income 31 52 59 116  
Interest Expense, Net 67 51 133 98  
Additions to Oil and Gas Properties, Excluding Dry Hole Costs 1,611 1,626 3,042 2,984  
Total Property, Plant and Equipment, Net 42,535 34,850 42,535 34,850  
Total Assets 53,149 44,921 53,149 44,921  
United States | Crude Oil and Condensate          
Schedule of Segment Reporting Information By Segment [Abstract]          
Revenue from contract with customer 4,881 2,969 8,445 6,255  
United States | Natural Gas Liquids          
Schedule of Segment Reporting Information By Segment [Abstract]          
Revenue from contract with customer 770 534 1,434 1,106  
United States | Natural Gas          
Schedule of Segment Reporting Information By Segment [Abstract]          
Revenue from contract with customer 702 516 1,636 1,070  
United States | Gains (Losses) on Mark-to-Market Financial Commodity and Other Derivative Contracts, Net          
Schedule of Segment Reporting Information By Segment [Abstract]          
Revenue not from contract with customer 40 107 153 (84)  
United States | Gathering, Processing and Marketing          
Schedule of Segment Reporting Information By Segment [Abstract]          
Revenue from contract with customer 2,006 1,246 3,499 2,586  
United States | Other, Net          
Schedule of Segment Reporting Information By Segment [Abstract]          
Revenue not from contract with customer 28 16 47 35  
Trinidad          
Schedule of Segment Reporting Information By Segment [Abstract]          
Gains (Losses) on Asset Dispositions, Net 0 0 0 0  
Total 127 90 226 180  
Lease and Well 12 10 22 24  
Gathering, Processing and Transportation Costs 1 1 2 1  
Marketing Costs 0 0 0 0  
Depreciation, Depletion and Amortization 53 37 94 87  
General and Administrative 5 4 8 8  
Taxes Other Than Income 5 1 7 2  
Other Segment Items 2 7 4 40  
Operating Income (Loss) 49 30 89 18  
Interest Income 2 2 4 5  
Interest Expense, Net 0 0 0 0  
Additions to Oil and Gas Properties, Excluding Dry Hole Costs 19 61 59 59  
Total Property, Plant and Equipment, Net 511 483 511 483  
Total Assets 1,221 1,169 1,221 1,169  
Trinidad | Crude Oil and Condensate          
Schedule of Segment Reporting Information By Segment [Abstract]          
Revenue from contract with customer 16 5 28 12  
Trinidad | Natural Gas Liquids          
Schedule of Segment Reporting Information By Segment [Abstract]          
Revenue from contract with customer 0 0 0 0  
Trinidad | Natural Gas          
Schedule of Segment Reporting Information By Segment [Abstract]          
Revenue from contract with customer 106 84 190 167  
Trinidad | Gains (Losses) on Mark-to-Market Financial Commodity and Other Derivative Contracts, Net          
Schedule of Segment Reporting Information By Segment [Abstract]          
Revenue not from contract with customer 0 0 0 0  
Trinidad | Gathering, Processing and Marketing          
Schedule of Segment Reporting Information By Segment [Abstract]          
Revenue from contract with customer 5 1 8 1  
Trinidad | Other, Net          
Schedule of Segment Reporting Information By Segment [Abstract]          
Revenue not from contract with customer 0 0 0 0  
Other International          
Schedule of Segment Reporting Information By Segment [Abstract]          
Gains (Losses) on Asset Dispositions, Net 3 3 3 (1)  
Total 11 3 15 (1)  
Lease and Well 6 3 12 5  
Gathering, Processing and Transportation Costs 4 0 4 0  
Marketing Costs 0 0 0 0  
Depreciation, Depletion and Amortization 1 0 1 0  
General and Administrative 5 4 12 9  
Taxes Other Than Income 1 0 2 0  
Other Segment Items 4 38 13 42  
Operating Income (Loss) (10) (42) (29) (57)  
Interest Income 2 2 3 3  
Interest Expense, Net 0 0 0 0  
Additions to Oil and Gas Properties, Excluding Dry Hole Costs 33 3 82 3  
Total Property, Plant and Equipment, Net 194 28 194 28  
Total Assets 413 194 413 194  
Other International | Crude Oil and Condensate          
Schedule of Segment Reporting Information By Segment [Abstract]          
Revenue from contract with customer 4 0 5 0  
Other International | Natural Gas Liquids          
Schedule of Segment Reporting Information By Segment [Abstract]          
Revenue from contract with customer 0 0 0 0  
Other International | Natural Gas          
Schedule of Segment Reporting Information By Segment [Abstract]          
Revenue from contract with customer 4 0 7 0  
Other International | Gains (Losses) on Mark-to-Market Financial Commodity and Other Derivative Contracts, Net          
Schedule of Segment Reporting Information By Segment [Abstract]          
Revenue not from contract with customer 0 0 0 0  
Other International | Gathering, Processing and Marketing          
Schedule of Segment Reporting Information By Segment [Abstract]          
Revenue from contract with customer 0 0 0 0  
Other International | Other, Net          
Schedule of Segment Reporting Information By Segment [Abstract]          
Revenue not from contract with customer $ 0 $ 0 $ 0 $ 0