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Statement of Consolidated Operations - USD ($)
shares in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Oil and gas production revenues:      
Oil and gas production revenues $ 6,383,000,000 $ 12,691,000,000 $ 14,771,000,000
Other (17,000,000) 110,000,000 (333,000,000)
Total revenues and other 6,366,000,000 12,801,000,000 14,438,000,000
Oil and gas property and equipment      
Depreciation, depletion and amortization 29,372,000,000 9,720,000,000 5,866,000,000
Asset retirement obligation accretion 145,000,000 154,000,000 211,000,000
Lease operating expenses 1,854,000,000 2,238,000,000 2,650,000,000
Gathering and transportation 211,000,000 273,000,000 288,000,000
Taxes other than income 282,000,000 577,000,000 772,000,000
Impairments 1,920,000,000 1,919,000,000 0
General and administrative 377,000,000 451,000,000 481,000,000
Transaction, reorganization, and separation 132,000,000 67,000,000 33,000,000
Financing costs, net 299,000,000 211,000,000 229,000,000
Total operating expenses 34,592,000,000 15,610,000,000 10,530,000,000
NET INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES (28,226,000,000) (2,809,000,000) 3,908,000,000
Current income tax provision 309,000,000 1,177,000,000 1,619,000,000
Deferred income tax provision (benefit) (5,778,000,000) (514,000,000) 309,000,000
NET INCOME (LOSS) FROM CONTINUING OPERATIONS INCLUDING NONCONTROLLING INTEREST (22,757,000,000) (3,472,000,000) 1,980,000,000
Net income (loss) from discontinued operations, net of tax (771,000,000) (1,588,000,000) 308,000,000
NET INCOME (LOSS) INCLUDING NONCONTROLLING INTEREST (23,528,000,000) (5,060,000,000) 2,288,000,000
Preferred stock dividends     44,000,000
Net income (loss) attributable to noncontrolling interest (409,000,000) 343,000,000 56,000,000
Net income (loss) attributable to common shareholders (23,119,000,000) (5,403,000,000) 2,188,000,000
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS:      
Net income (loss) from continuing operations attributable to common shareholders (22,348,000,000) (3,815,000,000) 1,880,000,000
Net income (loss) from discontinued operations (771,000,000) (1,588,000,000) 308,000,000
Net income (loss) attributable to common shareholders $ (23,119,000,000) $ (5,403,000,000) $ 2,188,000,000
BASIC NET INCOME (LOSS) PER COMMON SHARE:      
Basic net income (loss) from continuing operations per share $ (59.16) $ (9.93) $ 4.75
Basic net income (loss) from discontinued operations per share (2.04) (4.13) 0.78
Basic net income (loss) per share (61.20) (14.06) 5.53
DILUTED NET INCOME (LOSS) PER COMMON SHARE:      
Diluted net income (loss) from continuing operations per share (59.16) (9.93) 4.74
Diluted net income (loss) from discontinued operations per share (2.04) (4.13) 0.76
Diluted net income (loss) per share $ (61.20) $ (14.06) $ 5.50
WEIGHTED-AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:      
Basic 378 384 395
Diluted 378 384 406
DIVIDENDS DECLARED PER COMMON SHARE $ 1.00 $ 1.00 $ 0.80
Other Assets [Member]      
Oil and gas property and equipment      
Depreciation, depletion and amortization $ 324,000,000 $ 331,000,000 $ 337,000,000
Oil and Gas Property and Equipment Recurring [Member]      
Oil and gas property and equipment      
Depreciation, depletion and amortization 3,531,000,000 4,388,000,000 4,534,000,000
Oil and Gas Property and Equipment Additional [Member]      
Oil and gas property and equipment      
Depreciation, depletion and amortization 25,517,000,000 5,001,000,000 995,000,000
Oil Reserves [Member]      
Oil and gas production revenues:      
Revenues 4,999,000,000 10,040,000,000 11,853,000,000
Natural Gas [Member]      
Oil and gas production revenues:      
Revenues 1,157,000,000 1,983,000,000 2,266,000,000
Natural Gas Liquids [Member]      
Oil and gas production revenues:      
Revenues $ 227,000,000 $ 668,000,000 $ 652,000,000