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Oil and Natural Gas Property Transactions (Tables)
 12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment [Abstract]  
VPP Transactions
As of December 31, 2016, we had the following VPP outstanding: 
 
 
 
 
 
 
 
 
Volume Sold
VPP #
 
Date of VPP        
 
Location
 
Proceeds
 
Oil
 
Natural Gas
 
NGL
 
Total
 
 
 
 
 
 
($ in millions)
 
(mmbbl)
 
 (bcf)
 
(mmbbl)
 
(bcfe)
9
 
May 2011
 
Mid-Continent
 
$
853

 
1.7

 
138

 
4.8

 
177
VPP Volumes Produced During Period
The volumes produced on behalf of our VPP buyers during 2016, 2015 and 2014 were as follows:
Year Ended December 31, 2016
VPP #
 
Oil
 
Natural Gas
 
NGL
 
Total
 
 
(mbbl)
 
 (bcf)
 
 (mbbl)
 
 (bcfe)
 10(a)
 
108.0

 
3.0

 
368.7

 
5.9

9
 
152.4

 
12.9

 
347.1

 
15.9

   4(a)
 
20.0

 
3.8

 
—

 
3.9

   3(a)
 
—

 
2.4

 
—

 
2.4

   2(a)
 
—

 
1.5

 
—

 
1.5

   1(a)
 
—

 
11.1

 
—

 
11.1

 
 
280.4

 
34.7

 
715.8

 
40.7

 
 
 
 
 
 
 
 
 
Year Ended December 31, 2015
VPP #
 
Oil
 
Natural Gas
 
NGL
 
Total
 
 
(mbbl)
 
 (bcf)
 
 (mbbl)
 
 (bcfe)
10(a)
 
310.0

 
8.5

 
1,043.9

 
16.6

9
 
167.9

 
14.2

 
375.9

 
17.4

   8(b)
 
—

 
36.5

 
—

 
36.5

   4(a)
 
42.5

 
8.0

 
—

 
8.2

   3(a)
 
—

 
6.4

 
—

 
6.4

   2(a)
 
—

 
4.0

 
—

 
4.0

   1(a)
 
—

 
13.3

 
—

 
13.3

 
 
520.4

 
90.9

 
1,419.8

 
102.4

 
 
 
 
 
 
 
 
 
Year Ended December 31, 2014
VPP #
 
Oil
 
Natural Gas
 
NGL
 
Total
 
 
(mbbl)
 
 (bcf)
 
 (mbbl)
 
 (bcfe)
10(a)
 
403.0

 
10.6

 
1,296.5

 
20.7

9
 
187.5

 
15.4

 
411.0

 
19.0

   8(b)
 
—

 
60.1

 
—

 
60.1

   6(c)
 
23.1

 
4.2

 
—

 
4.3

   5(c)
 
16.5

 
4.6

 
—

 
4.7

   4(a)
 
48.1

 
9.0

 
—

 
9.2

   3(a)
 
—

 
7.2

 
—

 
7.2

   2(a)
 
—

 
6.2

 
—

 
6.2

   1(a)
 
—

 
13.8

 
—

 
13.8

 
 
678.2

 
131.1

 
1,707.5

 
145.2

____________________________________________
(a)
In connection with certain asset divestitures in 2016, we purchased the remaining oil and natural gas interests previously sold in connection with VPP #10, VPP #4, VPP #3, VPP #2 and VPP #1. A majority of the oil and natural gas interests purchased were subsequently sold to the buyers of the assets.
(b)
VPP #8 expired in August 2015.
(c)
We divested the properties associated with VPP #5 and VPP #6 in 2014.
VPP Volumes Remaining to Be Delivered
The volumes remaining to be delivered on behalf of our VPP buyers as of December 31, 2016 were as follows:
 
 
 
 
Volume Remaining as of December 31, 2016
VPP #
 
Term Remaining
 
Oil
 
Natural Gas
 
NGL
 
Total
 
 
(in months)
 
 (mmbbl)
 
 (bcf)
 
 (mmbbl)
 
 (bcfe)
9
 
50
 
0.5

 
45.9

 
1.2

 
56.3