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Oil and Natural Gas Property Transactions - Purchase Price Allocation (Details)
$ / shares in Units, $ in Millions
Feb. 01, 2019
USD ($)
$ / shares
shares
Fair Value of Assets Acquired:  
Common shares, outstanding (in shares) | shares 717,376,170
Share price (in dollars per share) | $ / shares $ 2.84
Wildhorse Resource Development Corporation  
Consideration:  
Cash $ 381
Fair value of Chesapeake’s common stock issued in the Merger (a) 2,037
Total consideration 2,418
Fair Value of Liabilities Assumed:  
Current liabilities 166
Long-term debt 1,379
Deferred tax liabilities 314
Other long-term liabilities 36
Amounts attributable to liabilities assumed 1,895
Fair Value of Assets Acquired:  
Cash and cash equivalents 28
Other current assets 128
Proved oil and natural gas properties 3,264
Unproved properties 756
Other property and equipment 77
Other long-term assets 60
Amounts attributable to assets acquired 4,313
Total identifiable net assets $ 2,418