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Properties and Equipment, Net
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Properties and Equipment, Net Properties and Equipment, Net
Properties and equipment, net are comprised of the following:
 December 31,
(In millions)20232022
Proved oil and gas properties$19,582 $17,085 
Unproved oil and gas properties4,617 5,150 
Gathering and pipeline systems
527 450 
Land, buildings and other equipment216 183 
Finance lease right-of-use asset
25 24 
24,967 22,892 
Accumulated DD&A
(7,034)(5,413)
$17,933 $17,479 
Capitalized Exploratory Well Costs
As of and for the years ended December 31, 2023, 2022 and 2021, the Company did not have any projects with exploratory well costs capitalized for a period of greater than one year after drilling.