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EQUITY METHOD INVESTMENTS AND RELATED PARTY TRANSACTIONS (Tables)
 12 Months Ended
Dec. 31, 2024
Equity Method Investments and Related Party Transactions [Abstract]  
Schedule of Equity Method Investments At December 31, 2024 and 2023, the Company had the following significant equity method investments:
Ownership InterestDecember 31, 2024December 31, 2023
(In millions)
EPIC Crude Holdings, LP(1)
27.5 %$204 $93 
Wink to Webster Pipeline LLC4 %— 92 
BANGL LLC10 %29 29 
WTG joint venture(2)
25 %— 182 
Deep Blue Midland Basin LLC
30 %137 128 
Othervarious5 5 
Total$375 $529 
(1) On July 26, 2024, the Company acquired an additional 17.5% ownership interest in EPIC Crude Holdings, LP (“EPIC”), bringing the Company’s aggregate ownership interest to 27.5%.
(2) The WTG joint venture divested its subsidiary during the WTG Midstream Transaction in July 2024 as further discussed in Note 4—Acquisitions and Divestitures.
Schedule of Related Party Transactions
The following table presents the significant related party balances included in the consolidated balance sheets at December 31, 2024:

Year Ended December 31,
20242023
(In millions)
Current assets - Accounts receivable
$5 $61 
Current liabilities - Accrued capital expenditures
$(31)$(21)
Current liabilities - Other accrued liabilities
$(22)$(18)
The following table presents the significant related party transactions included in the consolidated statements of operations for the year ended December 31, 2024:

Year Ended December 31,
20242023
(In millions)
Lease operating expenses
$114 $33