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Statement of Consolidated Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Oil and gas production revenues:      
Oil and gas production revenues $ 5,367 $ 6,510 [1] $ 12,795 [1]
Other (34) 98 [1] 285 [1]
Gain (loss) on divestiture 21 281 [1],[2] (1,608) [1],[2]
Total revenues and other 5,354 6,889 [1] 11,472 [1]
OPERATING EXPENSES:      
Lease operating expenses 1,494 1,854 [1] 2,238 [1]
Gathering and transportation 200 211 [1] 273 [1]
Taxes other than income 126 282 [1] 577 [1]
Exploration Expense 473 2,771 [1] 2,499 [1]
General and administrative 410 380 [1] 453 [1]
Oil and gas property and equipment      
Depreciation, depletion, and amortization 2,618 3,300 [2] 4,526 [2]
Asset retirement obligation accretion 156 145 [1],[2] 154 [1],[2]
Impairments 1,103 9,472 [1],[2] 7,102 [1],[2]
Transaction, reorganization, and separation 39 132 [1] 67 [1]
Financing costs, net 417 511 [1] 413 [1]
Total operating expenses 7,036 19,058 [1] 18,302 [1]
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES (1,682) (12,169) [1] (6,830) [1]
Current income tax provision 391 435 [1] 1,281 [1]
Deferred income tax benefit (833) (1,445) [1],[2] (1,799) [1],[2]
Net loss from continuing operations including noncontrolling interest (1,240) (11,159) [1] (6,312) [1]
Net income (loss) from discontinued operations, net of tax (33) 492 [1] (1,707) [1]
NET LOSS INCLUDING NONCONTROLLING INTEREST (1,273) (10,667) [1],[2],[3],[4] (8,019) [1],[2],[3],[4]
Net income (loss) attributable to noncontrolling interest 132 (315) [1] 341 [1]
Net income (loss) attributable to common shareholders (1,405) (10,352) [1] (8,360) [1]
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS:      
Net loss from continuing operations attributable to common shareholders (1,372) (10,844) [1] (6,653) [1]
Net income (loss) from discontinued operations (33) 492 [1],[2] (1,707) [1],[2]
Net income (loss) attributable to common shareholders $ (1,405) $ (10,352) [1] $ (8,360) [1]
BASIC AND DILUTED NET INCOME (LOSS) PER COMMON SHARE:      
Basic and diluted net loss from continuing operations per share $ (3.62) $ (28.70) [1] $ (17.32) [1]
Basic and diluted net loss from discontinued operations per share (0.09) 1.30 [1] (4.44) [1]
Basic and diluted net loss per share $ (3.71) $ (27.40) [1] $ (21.76) [1]
WEIGHTED-AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:      
Basic (in shares) 379 378 [1] 384 [1]
Diluted (in shares) 379 378 [1] 384 [1]
DIVIDENDS DECLARED PER COMMON SHARE $ 1.00 $ 1.00 [1],[4] $ 1.00 [1],[4]
Oil and gas property and equipment [Member]      
Oil and gas property and equipment      
Depreciation, depletion, and amortization $ 2,460 $ 2,976 [1] $ 4,195 [1]
Other assets [Member]      
Oil and gas property and equipment      
Depreciation, depletion, and amortization 158 324 [1] 331 [1]
Oil [Member]      
Oil and gas production revenues:      
Oil and gas production revenues 4,172 5,107 [1] 10,110 [1]
Natural Gas [Member]      
Oil and gas production revenues:      
Oil and gas production revenues 967 1,176 [1] 2,017 [1]
Natural Gas Liquids [Member]      
Oil and gas production revenues:      
Oil and gas production revenues $ 228 $ 227 [1] $ 668 [1]
[1] Financial information for 2015 and 2014 has been recast to reflect retrospective application of the successful efforts method of accounting. See Note 1.
[2] Financial information for 2015 and 2014 has been recast to reflect retrospective application of the successful efforts method of accounting. See Note 1.
[3] Financial information for 2015 and 2014 has been recast to reflect retrospective application of the successful efforts method of accounting. See Note 1.
[4] Financial information for 2015, 2014, and 2013 has been recast to reflect retrospective application of the successful efforts method of accounting. See Note 1.