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Properties and Equipment, Net
6 Months Ended
Jun. 30, 2024
Property, Plant and Equipment [Abstract]  
Properties and Equipment, Net Properties and Equipment, Net
Properties and equipment, net are comprised of the following:
(In millions)June 30,
2024
December 31,
2023
Proved oil and gas properties$20,714 $19,582 
Unproved oil and gas properties 4,355 4,617 
Gathering and pipeline systems579 527 
Land, buildings and other equipment 230 216 
Finance lease right-of-use asset26 25 
25,904 24,967 
Accumulated DD&A(7,908)(7,034)
 $17,996 $17,933 
Capitalized Exploratory Well Costs
As of and for the six months ended June 30, 2024, the Company did not have any projects with exploratory well costs capitalized for a period of greater than one year after drilling.