XML 71 R61.htm IDEA: XBRL DOCUMENT v3.20.2
BUSINESS SEGMENT INFORMATION (Details)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
USD ($)
Mar. 31, 2020
USD ($)
Jun. 30, 2019
USD ($)
Jun. 30, 2020
USD ($)
Segment
Jun. 30, 2019
USD ($)
Segment Reporting [Abstract]          
Number of reporting segments | Segment       3  
Segment Reporting Information [Line Items]          
Lease operating expenses $ 264   $ 389 $ 599 $ 754
Taxes other than income 23   46 56 97
Exploration 72   95 129 164
Depreciation, depletion, and amortization 418   602 984 1,248
Asset retirement obligation accretion 27   26 54 53
Impairments 20 $ 4,500 240 4,492 240
Operating expenses 942   1,489 6,589 2,757
Operating Income (Loss) (190)   127 (4,493) 537
Other Income (Expense):          
Gain on divestitures 0   17 25 20
Derivative instrument losses, net (175)   (8) (278) (38)
Other, net 19   (7) 32 (1)
General and administrative (94)   (102) (162) (225)
Transaction, reorganization, and separation (10)   (6) (37) (10)
Financing costs, net 34   (173) (69) (270)
NET INCOME (LOSS) BEFORE INCOME TAXES (416)   (152) (4,982) 13
Total assets 12,999   21,806 12,999 21,806
Impairments 20   240 4,492 240
Operating Segments | Egypt          
Segment Reporting Information [Line Items]          
Lease operating expenses 98   132 210 250
Taxes other than income 0   0 0 0
Exploration 22   30 40 62
Depreciation, depletion, and amortization 158   174 319 361
Asset retirement obligation accretion 0   0 0 0
Impairments 20   0 529 0
Operating expenses 311   346 1,121 695
Operating Income (Loss) (53)   250 (462) 500
Other Income (Expense):          
Total assets 3,098   4,035 3,098 4,035
Impairments 22   2 533 4
Operating Segments | North Sea          
Segment Reporting Information [Line Items]          
Lease operating expenses 75   92 156 164
Taxes other than income 0   0 0 0
Exploration 15   1 17 2
Depreciation, depletion, and amortization 79   99 188 198
Asset retirement obligation accretion 18   18 36 37
Impairments 0   0 7 0
Operating expenses 198   221 431 424
Operating Income (Loss) (60)   139 4 274
Other Income (Expense):          
Total assets 2,339   2,568 2,339 2,568
Impairments       7  
Operating Segments | U.S.          
Segment Reporting Information [Line Items]          
Lease operating expenses 90   166 233 342
Taxes other than income 20   42 49 91
Exploration 31   59 66 92
Depreciation, depletion, and amortization 178   320 471 673
Asset retirement obligation accretion 8   8 16 15
Impairments 0   240 3,956 240
Operating expenses 443   914 5,067 1,635
Operating Income (Loss) (88)   (254) (4,066) (234)
Other Income (Expense):          
Total assets 5,821   12,710 5,821 12,710
Impairments 29   277 4,000 298
Operating Segments | Altus Midstream          
Segment Reporting Information [Line Items]          
Lease operating expenses 0   0 0 0
Taxes other than income 3   4 7 6
Exploration 0   0 0 0
Depreciation, depletion, and amortization 3   9 6 16
Asset retirement obligation accretion 1   0 2 1
Impairments 0   0 0 0
Operating expenses 17   27 36 53
Operating Income (Loss) 15   (3) 37 5
Other Income (Expense):          
Total assets 1,627   2,434 1,627 2,434
Intersegment Eliminations & Other          
Segment Reporting Information [Line Items]          
Oil and gas production revenues (31)   (24) (72) (58)
Lease operating expenses 1   (1) 0 (2)
Taxes other than income 0   0 0 0
Exploration 4   5 6 8
Depreciation, depletion, and amortization 0   0 0 0
Asset retirement obligation accretion 0   0 0 0
Impairments 0   0 0 0
Operating expenses (27)   (19) (66) (50)
Operating Income (Loss) (4)   (5) (6) (8)
Other Income (Expense):          
Total assets 114   59 114 59
Intersegment Eliminations & Other | Altus Midstream          
Segment Reporting Information [Line Items]          
Oil and gas production revenues (31)   (24) (72) (58)
Oil and gas          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 752   1,616 2,096 3,294
Oil and gas | Operating Segments | Egypt          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 258   596 659 1,195
Oil and gas | Operating Segments | North Sea          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 138   360 435 698
Oil and gas | Operating Segments | U.S.          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 355   660 1,001 1,401
Oil and gas | Operating Segments | Altus Midstream          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 32   24 73 58
Oil and gas | Intersegment Eliminations & Other          
Segment Reporting Information [Line Items]          
Oil and gas production revenues (31)   (24) (72) (58)
Oil and gas, excluding purchased          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 697   1,598 1,933 3,252
Cost of oil and gas purchased 72   76 143 164
Oil and gas, excluding purchased | Operating Segments | Egypt          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 258   596 659 1,195
Cost of oil and gas purchased 13   10 23 22
Oil and gas, excluding purchased | Operating Segments | North Sea          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 138   360 435 698
Cost of oil and gas purchased 11   11 27 23
Oil and gas, excluding purchased | Operating Segments | U.S.          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 301   642 839 1,359
Cost of oil and gas purchased 70   64 145 145
Oil and gas, excluding purchased | Operating Segments | Altus Midstream          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 0   0 0 0
Cost of oil and gas purchased 10   14 20 30
Oil and gas, excluding purchased | Intersegment Eliminations & Other          
Segment Reporting Information [Line Items]          
Cost of oil and gas purchased (32)   (23) (72) (56)
Oil and gas, purchased          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 55   18 163 42
Cost of oil and gas purchased 46   15 132 37
Oil and gas, purchased | Operating Segments | Egypt          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 0   0 0 0
Cost of oil and gas purchased 0   0 0 0
Oil and gas, purchased | Operating Segments | North Sea          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 0   0 0 0
Cost of oil and gas purchased 0   0 0 0
Oil and gas, purchased | Operating Segments | U.S.          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 54   18 162 42
Cost of oil and gas purchased 46   15 131 37
Oil and gas, purchased | Operating Segments | Altus Midstream          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 1   0 1 0
Cost of oil and gas purchased 0   0 1 0
Oil and gas, purchased | Intersegment Eliminations & Other          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 0   0 0 0
Cost of oil and gas purchased 0   0 0 0
Oil          
Other Income (Expense):          
Revenues from non-customer (18)   111 27 218
Oil | Oil and gas, excluding purchased          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 513   1,397 1,545 2,707
Oil | Oil and gas, excluding purchased | Operating Segments | Egypt          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 187   523 520 1,037
Oil | Oil and gas, excluding purchased | Operating Segments | North Sea          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 128   337 399 637
Oil | Oil and gas, excluding purchased | Operating Segments | U.S.          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 198   537 626 1,033
Oil | Oil and gas, excluding purchased | Operating Segments | Altus Midstream          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 0   0 0 0
Oil | Oil and gas, excluding purchased | Intersegment Eliminations & Other          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 0   0 0 0
Natural Gas          
Other Income (Expense):          
Revenues from non-customer 0   9 3 21
Natural Gas | Oil and gas, excluding purchased          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 130   118 253 354
Natural Gas | Oil and gas, excluding purchased | Operating Segments | Egypt          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 70   70 135 151
Natural Gas | Oil and gas, excluding purchased | Operating Segments | North Sea          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 7   18 26 50
Natural Gas | Oil and gas, excluding purchased | Operating Segments | U.S.          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 53   30 92 153
Natural Gas | Oil and gas, excluding purchased | Operating Segments | Altus Midstream          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 0   0 0 0
Natural Gas | Oil and gas, excluding purchased | Intersegment Eliminations & Other          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 0   0 0 0
Natural Gas liquids          
Other Income (Expense):          
Revenues from non-customer 0   0 0 1
Natural Gas liquids | Oil and gas, excluding purchased          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 54   83 135 191
Natural Gas liquids | Oil and gas, excluding purchased | Operating Segments | Egypt          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 1   3 4 7
Natural Gas liquids | Oil and gas, excluding purchased | Operating Segments | North Sea          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 3   5 10 11
Natural Gas liquids | Oil and gas, excluding purchased | Operating Segments | U.S.          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 50   75 121 173
Natural Gas liquids | Oil and gas, excluding purchased | Operating Segments | Altus Midstream          
Segment Reporting Information [Line Items]          
Oil and gas production revenues 0   0 0 0
Natural Gas liquids | Oil and gas, excluding purchased | Intersegment Eliminations & Other          
Segment Reporting Information [Line Items]          
Oil and gas production revenues $ 0   $ 0 $ 0 $ 0