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Basis of Presentation (Tables)
 9 Months Ended
Sep. 30, 2017
Accounting Policies [Abstract]  
Schedule of Error Corrections and Prior Period Adjustments, Condensed Consolidated Income Statement
 
 
Three Months Ended September 30, 2016
CONDENSED CONSOLIDATED STATEMENTS
OF COMPREHENSIVE INCOME (LOSS)
 
As Previously
Reported
 
Revision
Adjustment
 
As
Revised
 
 
($ in millions)
Net loss
 
$
(1,154
)
 
$
(60
)
 
$
(1,214
)
Comprehensive loss
 
$
(1,151
)
 
$
(60
)
 
$
(1,211
)
Comprehensive loss attributable to Chesapeake
 
$
(1,152
)
 
$
(60
)
 
$
(1,212
)
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2016
CONDENSED CONSOLIDATED STATEMENTS
OF COMPREHENSIVE INCOME (LOSS)
 
As Previously
Reported
 
Revision
Adjustment
 
As
Revised
 
 
($ in millions)
Net loss
 
$
(3,825
)
 
$
(233
)
 
$
(4,058
)
Comprehensive loss
 
$
(3,827
)
 
$
(233
)
 
$
(4,060
)
Comprehensive loss attributable to Chesapeake
 
$
(3,828
)
 
$
(233
)
 
$
(4,061
)
 
 
Nine Months Ended September 30, 2016
CONDENSED CONSOLIDATED STATEMENTS
OF CASH FLOWS
 
As Previously
Reported
 
Revision
Adjustment
 
As
Revised
 
 
($ in millions)
Net loss
 
$
(3,825
)
 
$
(233
)
 
$
(4,058
)
Impairment of oil and natural gas properties
 
$
2,331

 
$
233

 
$
2,564

These revisions have been reflected in the comparative 2016 condensed consolidated financial statements presented herein. See Evaluation of Disclosure Controls and Procedures in Item 4 of this Form 10-Q. The following table reconciles the amounts as previously reported in the applicable financial statement to the corresponding revised amounts:
 
 
Three Months Ended September 30, 2016
CONDENSED CONSOLIDATED STATEMENTS
OF OPERATIONS
 
As Previously
Reported
 
Revision
Adjustment
 
As
Revised
 
 
($ in millions except per share data)
Oil, natural gas and NGL depreciation, depletion and amortization
 
$
255

 
$
(4
)
 
$
251

Impairment of oil and natural gas properties
 
$
433

 
$
64

 
$
497

Total operating expenses
 
$
3,450

 
$
60

 
$
3,510

Loss from operations
 
$
(1,174
)
 
$
(60
)
 
$
(1,234
)
Loss before income taxes
 
$
(1,154
)
 
$
(60
)
 
$
(1,214
)
Net loss
 
$
(1,154
)
 
$
(60
)
 
$
(1,214
)
Net loss attributable to Chesapeake
 
$
(1,155
)
 
$
(60
)
 
$
(1,215
)
Net loss available to common stockholders
 
$
(1,197
)
 
$
(60
)
 
$
(1,257
)
Loss per common share basic
 
$
(1.54
)
 
$
(0.08
)
 
$
(1.62
)
Loss per common share diluted
 
$
(1.54
)
 
$
(0.08
)
 
$
(1.62
)
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2016
CONDENSED CONSOLIDATED STATEMENTS
OF OPERATIONS
 
As Previously
Reported
 
Revision
Adjustment
 
As
Revised
 
 
($ in millions except per share data)
Impairment of oil and natural gas properties
 
$
2,331

 
$
233

 
$
2,564

Total operating expenses
 
$
9,734

 
$
233

 
$
9,967

Loss from operations
 
$
(3,883
)
 
$
(233
)
 
$
(4,116
)
Loss before income taxes
 
$
(3,825
)
 
$
(233
)
 
$
(4,058
)
Net loss
 
$
(3,825
)
 
$
(233
)
 
$
(4,058
)
Net loss attributable to Chesapeake
 
$
(3,826
)
 
$
(233
)
 
$
(4,059
)
Net loss available to common stockholders
 
$
(3,953
)
 
$
(233
)
 
$
(4,186
)
Loss per common share basic
 
$
(5.47
)
 
$
(0.33
)
 
$
(5.80
)
Loss per common share diluted
 
$
(5.47
)
 
$
(0.33
)
 
$
(5.80
)
 
 
Three Months Ended September 30, 2016
CONDENSED CONSOLIDATED STATEMENTS
OF COMPREHENSIVE INCOME (LOSS)
 
As Previously
Reported
 
Revision
Adjustment
 
As
Revised
 
 
($ in millions)
Net loss
 
$
(1,154
)
 
$
(60
)
 
$
(1,214
)
Comprehensive loss
 
$
(1,151
)
 
$
(60
)
 
$
(1,211
)
Comprehensive loss attributable to Chesapeake
 
$
(1,152
)
 
$
(60
)
 
$
(1,212
)
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2016
CONDENSED CONSOLIDATED STATEMENTS
OF COMPREHENSIVE INCOME (LOSS)
 
As Previously
Reported
 
Revision
Adjustment
 
As
Revised
 
 
($ in millions)
Net loss
 
$
(3,825
)
 
$
(233
)
 
$
(4,058
)
Comprehensive loss
 
$
(3,827
)
 
$
(233
)
 
$
(4,060
)
Comprehensive loss attributable to Chesapeake
 
$
(3,828
)
 
$
(233
)
 
$
(4,061
)

 
 
Nine Months Ended September 30, 2016
CONDENSED CONSOLIDATED STATEMENTS
OF CASH FLOWS
 
As Previously
Reported
 
Revision
Adjustment
 
As
Revised
 
 
($ in millions)
Net loss
 
$
(3,825
)
 
$
(233
)
 
$
(4,058
)
Impairment of oil and natural gas properties
 
$
2,331

 
$
233

 
$
2,564
Schedule of Error Corrections and Prior Period Adjustments, Condensed Consolidated Statements of Comprehensive Income (Loss)
 
 
Three Months Ended September 30, 2016
CONDENSED CONSOLIDATED STATEMENTS
OF COMPREHENSIVE INCOME (LOSS)
 
As Previously
Reported
 
Revision
Adjustment
 
As
Revised
 
 
($ in millions)
Net loss
 
$
(1,154
)
 
$
(60
)
 
$
(1,214
)
Comprehensive loss
 
$
(1,151
)
 
$
(60
)
 
$
(1,211
)
Comprehensive loss attributable to Chesapeake
 
$
(1,152
)
 
$
(60
)
 
$
(1,212
)
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2016
CONDENSED CONSOLIDATED STATEMENTS
OF COMPREHENSIVE INCOME (LOSS)
 
As Previously
Reported
 
Revision
Adjustment
 
As
Revised
 
 
($ in millions)
Net loss
 
$
(3,825
)
 
$
(233
)
 
$
(4,058
)
Comprehensive loss
 
$
(3,827
)
 
$
(233
)
 
$
(4,060
)
Comprehensive loss attributable to Chesapeake
 
$
(3,828
)
 
$
(233
)
 
$
(4,061
)
 
 
Nine Months Ended September 30, 2016
CONDENSED CONSOLIDATED STATEMENTS
OF CASH FLOWS
 
As Previously
Reported
 
Revision
Adjustment
 
As
Revised
 
 
($ in millions)
Net loss
 
$
(3,825
)
 
$
(233
)
 
$
(4,058
)
Impairment of oil and natural gas properties
 
$
2,331

 
$
233

 
$
2,564

These revisions have been reflected in the comparative 2016 condensed consolidated financial statements presented herein. See Evaluation of Disclosure Controls and Procedures in Item 4 of this Form 10-Q. The following table reconciles the amounts as previously reported in the applicable financial statement to the corresponding revised amounts:
 
 
Three Months Ended September 30, 2016
CONDENSED CONSOLIDATED STATEMENTS
OF OPERATIONS
 
As Previously
Reported
 
Revision
Adjustment
 
As
Revised
 
 
($ in millions except per share data)
Oil, natural gas and NGL depreciation, depletion and amortization
 
$
255

 
$
(4
)
 
$
251

Impairment of oil and natural gas properties
 
$
433

 
$
64

 
$
497

Total operating expenses
 
$
3,450

 
$
60

 
$
3,510

Loss from operations
 
$
(1,174
)
 
$
(60
)
 
$
(1,234
)
Loss before income taxes
 
$
(1,154
)
 
$
(60
)
 
$
(1,214
)
Net loss
 
$
(1,154
)
 
$
(60
)
 
$
(1,214
)
Net loss attributable to Chesapeake
 
$
(1,155
)
 
$
(60
)
 
$
(1,215
)
Net loss available to common stockholders
 
$
(1,197
)
 
$
(60
)
 
$
(1,257
)
Loss per common share basic
 
$
(1.54
)
 
$
(0.08
)
 
$
(1.62
)
Loss per common share diluted
 
$
(1.54
)
 
$
(0.08
)
 
$
(1.62
)
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2016
CONDENSED CONSOLIDATED STATEMENTS
OF OPERATIONS
 
As Previously
Reported
 
Revision
Adjustment
 
As
Revised
 
 
($ in millions except per share data)
Impairment of oil and natural gas properties
 
$
2,331

 
$
233

 
$
2,564

Total operating expenses
 
$
9,734

 
$
233

 
$
9,967

Loss from operations
 
$
(3,883
)
 
$
(233
)
 
$
(4,116
)
Loss before income taxes
 
$
(3,825
)
 
$
(233
)
 
$
(4,058
)
Net loss
 
$
(3,825
)
 
$
(233
)
 
$
(4,058
)
Net loss attributable to Chesapeake
 
$
(3,826
)
 
$
(233
)
 
$
(4,059
)
Net loss available to common stockholders
 
$
(3,953
)
 
$
(233
)
 
$
(4,186
)
Loss per common share basic
 
$
(5.47
)
 
$
(0.33
)
 
$
(5.80
)
Loss per common share diluted
 
$
(5.47
)
 
$
(0.33
)
 
$
(5.80
)
 
 
Three Months Ended September 30, 2016
CONDENSED CONSOLIDATED STATEMENTS
OF COMPREHENSIVE INCOME (LOSS)
 
As Previously
Reported
 
Revision
Adjustment
 
As
Revised
 
 
($ in millions)
Net loss
 
$
(1,154
)
 
$
(60
)
 
$
(1,214
)
Comprehensive loss
 
$
(1,151
)
 
$
(60
)
 
$
(1,211
)
Comprehensive loss attributable to Chesapeake
 
$
(1,152
)
 
$
(60
)
 
$
(1,212
)
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2016
CONDENSED CONSOLIDATED STATEMENTS
OF COMPREHENSIVE INCOME (LOSS)
 
As Previously
Reported
 
Revision
Adjustment
 
As
Revised
 
 
($ in millions)
Net loss
 
$
(3,825
)
 
$
(233
)
 
$
(4,058
)
Comprehensive loss
 
$
(3,827
)
 
$
(233
)
 
$
(4,060
)
Comprehensive loss attributable to Chesapeake
 
$
(3,828
)
 
$
(233
)
 
$
(4,061
)

 
 
Nine Months Ended September 30, 2016
CONDENSED CONSOLIDATED STATEMENTS
OF CASH FLOWS
 
As Previously
Reported
 
Revision
Adjustment
 
As
Revised
 
 
($ in millions)
Net loss
 
$
(3,825
)
 
$
(233
)
 
$
(4,058
)
Impairment of oil and natural gas properties
 
$
2,331

 
$
233

 
$
2,564
Schedule of Error Corrections and Prior Period Adjustments, Condensed Consolidated Statements of Cash Flows
 
 
Three Months Ended September 30, 2016
CONDENSED CONSOLIDATED STATEMENTS
OF COMPREHENSIVE INCOME (LOSS)
 
As Previously
Reported
 
Revision
Adjustment
 
As
Revised
 
 
($ in millions)
Net loss
 
$
(1,154
)
 
$
(60
)
 
$
(1,214
)
Comprehensive loss
 
$
(1,151
)
 
$
(60
)
 
$
(1,211
)
Comprehensive loss attributable to Chesapeake
 
$
(1,152
)
 
$
(60
)
 
$
(1,212
)
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2016
CONDENSED CONSOLIDATED STATEMENTS
OF COMPREHENSIVE INCOME (LOSS)
 
As Previously
Reported
 
Revision
Adjustment
 
As
Revised
 
 
($ in millions)
Net loss
 
$
(3,825
)
 
$
(233
)
 
$
(4,058
)
Comprehensive loss
 
$
(3,827
)
 
$
(233
)
 
$
(4,060
)
Comprehensive loss attributable to Chesapeake
 
$
(3,828
)
 
$
(233
)
 
$
(4,061
)
 
 
Nine Months Ended September 30, 2016
CONDENSED CONSOLIDATED STATEMENTS
OF CASH FLOWS
 
As Previously
Reported
 
Revision
Adjustment
 
As
Revised
 
 
($ in millions)
Net loss
 
$
(3,825
)
 
$
(233
)
 
$
(4,058
)
Impairment of oil and natural gas properties
 
$
2,331

 
$
233

 
$
2,564

These revisions have been reflected in the comparative 2016 condensed consolidated financial statements presented herein. See Evaluation of Disclosure Controls and Procedures in Item 4 of this Form 10-Q. The following table reconciles the amounts as previously reported in the applicable financial statement to the corresponding revised amounts:
 
 
Three Months Ended September 30, 2016
CONDENSED CONSOLIDATED STATEMENTS
OF OPERATIONS
 
As Previously
Reported
 
Revision
Adjustment
 
As
Revised
 
 
($ in millions except per share data)
Oil, natural gas and NGL depreciation, depletion and amortization
 
$
255

 
$
(4
)
 
$
251

Impairment of oil and natural gas properties
 
$
433

 
$
64

 
$
497

Total operating expenses
 
$
3,450

 
$
60

 
$
3,510

Loss from operations
 
$
(1,174
)
 
$
(60
)
 
$
(1,234
)
Loss before income taxes
 
$
(1,154
)
 
$
(60
)
 
$
(1,214
)
Net loss
 
$
(1,154
)
 
$
(60
)
 
$
(1,214
)
Net loss attributable to Chesapeake
 
$
(1,155
)
 
$
(60
)
 
$
(1,215
)
Net loss available to common stockholders
 
$
(1,197
)
 
$
(60
)
 
$
(1,257
)
Loss per common share basic
 
$
(1.54
)
 
$
(0.08
)
 
$
(1.62
)
Loss per common share diluted
 
$
(1.54
)
 
$
(0.08
)
 
$
(1.62
)
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2016
CONDENSED CONSOLIDATED STATEMENTS
OF OPERATIONS
 
As Previously
Reported
 
Revision
Adjustment
 
As
Revised
 
 
($ in millions except per share data)
Impairment of oil and natural gas properties
 
$
2,331

 
$
233

 
$
2,564

Total operating expenses
 
$
9,734

 
$
233

 
$
9,967

Loss from operations
 
$
(3,883
)
 
$
(233
)
 
$
(4,116
)
Loss before income taxes
 
$
(3,825
)
 
$
(233
)
 
$
(4,058
)
Net loss
 
$
(3,825
)
 
$
(233
)
 
$
(4,058
)
Net loss attributable to Chesapeake
 
$
(3,826
)
 
$
(233
)
 
$
(4,059
)
Net loss available to common stockholders
 
$
(3,953
)
 
$
(233
)
 
$
(4,186
)
Loss per common share basic
 
$
(5.47
)
 
$
(0.33
)
 
$
(5.80
)
Loss per common share diluted
 
$
(5.47
)
 
$
(0.33
)
 
$
(5.80
)
 
 
Three Months Ended September 30, 2016
CONDENSED CONSOLIDATED STATEMENTS
OF COMPREHENSIVE INCOME (LOSS)
 
As Previously
Reported
 
Revision
Adjustment
 
As
Revised
 
 
($ in millions)
Net loss
 
$
(1,154
)
 
$
(60
)
 
$
(1,214
)
Comprehensive loss
 
$
(1,151
)
 
$
(60
)
 
$
(1,211
)
Comprehensive loss attributable to Chesapeake
 
$
(1,152
)
 
$
(60
)
 
$
(1,212
)
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2016
CONDENSED CONSOLIDATED STATEMENTS
OF COMPREHENSIVE INCOME (LOSS)
 
As Previously
Reported
 
Revision
Adjustment
 
As
Revised
 
 
($ in millions)
Net loss
 
$
(3,825
)
 
$
(233
)
 
$
(4,058
)
Comprehensive loss
 
$
(3,827
)
 
$
(233
)
 
$
(4,060
)
Comprehensive loss attributable to Chesapeake
 
$
(3,828
)
 
$
(233
)
 
$
(4,061
)

 
 
Nine Months Ended September 30, 2016
CONDENSED CONSOLIDATED STATEMENTS
OF CASH FLOWS
 
As Previously
Reported
 
Revision
Adjustment
 
As
Revised
 
 
($ in millions)
Net loss
 
$
(3,825
)
 
$
(233
)
 
$
(4,058
)
Impairment of oil and natural gas properties
 
$
2,331

 
$
233

 
$
2,564