Consolidated and Combined Statements of Operations - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014		Dec. 31, 2013
REVENUES
Oil and natural gas sales to third parties	$ 2,294	$ 1,406		$ 85
Oil and natural gas sales to related parties		2,617		4,054
Other revenue	109	150		145
TOTAL REVENUES	2,403	4,173		4,284
COSTS AND OTHER DEDUCTIONS
Production costs	951	1,057		986
General and administrative expenses	354	302		266
Depreciation, depletion and amortization	1,004	1,198		1,144
Asset impairments	4,852	3,402
Taxes other than on income	180	217		185
Exploration expense	36	139		116
Interest and debt expense, net	326	72
Other expenses	176	207		140
TOTAL COSTS AND OTHER DEDUCTIONS	7,879	6,594		2,837
INCOME / (LOSS) BEFORE INCOME TAXES	(5,476)	(2,421)		1,447
Income tax (expense) / benefit	1,922	987		(578)
NET INCOME / (LOSS)	$ (3,554)	$ (1,434)	[1]	$ 869
Net income / (loss) per share of common stock
Basic (in dollars per share)	$ (9.27)	$ (3.75)		$ 2.24
Diluted (in dollars per share)	(9.27)	$ (3.75)		$ 2.24
Dividends per common share (in dollars per share)	$ 0.03

[1] Net income of $683 million related to operations from January 1, 2014 through the spin-off date of November 30, 2014 was included in Net Parent Company Investment. The net loss of $2,117 million for the month ended December 31, 2014 reflected our accumulated deficit as of that date as a stand-alone company.