COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Dec. 31, 2013

Commitments And Contingencies Disclosure [Abstract]

At December 31, 2013, contractual obligations for drilling rigs, purchase obligations, firm transportation agreements, and long-term operating leases are as follows:


Net Minimum Commitments	Total		2014		2015-2016		2017-2018		2019 & Beyond
	(In millions)
Drilling rig commitments⁽¹⁾	$	974	$	376	$	429	$	157	$	12
Purchase obligations⁽²⁾		1,759		1,002		533		204		20
Firm transportation agreements⁽³⁾		683		158		223		129		173
Office and related equipment⁽⁴⁾		391		46		101		95		149
Other operating lease obligations⁽⁵⁾		686		190		295		193		8

Total Net Minimum Commitments	$	4,493	$	1,772	$	1,581	$	778	$	362

⁽¹⁾	Includes day-rate and other contractual agreements with third party service providers for use of drilling, completion, and workover rigs.

⁽²⁾	Includes contractual obligations to buy or build oil and gas plants and facilities, LNG facilities, seismic and drilling work program commitments, take-or-pay contracts, and hydraulic fracturing services agreements.

⁽³⁾	Relates to contractual obligations for capacity rights on third-party pipelines.

⁽⁴⁾	Includes office and other building rentals and related equipment leases.

⁽⁵⁾	Includes commitments required to retain acreage and commitments associated with floating production storage and offloading vessels (FPSOs), compressors, helicopters, and boats.

The table above includes leases for buildings, facilities, and related equipment with varying expiration dates through 2035. Net rental expense was $81 million, $76 million, and $64 million for 2013, 2012, and 2011, respectively.