XML 83 R59.htm IDEA: XBRL DOCUMENT v3.20.4
Oil and Natural Gas Property Transactions - Purchase Price Allocation (Details) - USD ($)
$ / shares in Units, $ in Millions
12 Months Ended
Feb. 01, 2019
Dec. 31, 2019
Fair Value of Assets Acquired:    
Reverse stock split 3.6  
Share price (in usd per share) $ 568  
Wildhorse resource development corporation    
Consideration:    
Cash $ 381 $ 381
Fair value of Chesapeake’s common stock issued in the Merger   2,037
Total consideration   2,418
Fair Value of Liabilities Assumed:    
Current liabilities   166
Long-term debt   1,379
Deferred tax liabilities $ 314 314
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