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Properties and Equipment, Net
12 Months Ended
Dec. 31, 2024
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)20242023
Proved oil and gas properties$21,765 $19,582 
Unproved oil and gas properties4,105 4,617 
Gathering and pipeline systems
620 527 
Land, buildings and other equipment213 216 
Finance lease right-of-use asset
26 25 
26,729 24,967 
Accumulated DD&A
(8,839)(7,034)
$17,890 $17,933 
Capitalized Exploratory Well Costs
As of and for the years ended December 31, 2024, 2023 and 2022, the Company did not have any projects with exploratory well costs capitalized for a period of greater than one year after drilling.