SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2020

Accounting Policies [Abstract]

Schedule of Asset Impairments

The following table presents a summary of asset impairments recorded in connection with fair value assessments:

	For the Quarter Ended September 30,				For the Nine Months Ended September 30,
	2020		2019		2020		2019
	(In millions)
Oil and gas proved property	$	—	$	—	$	4,319	$	86
Gathering, processing, and transmission facilities	—		9		68		9
Goodwill	—		—		87		—
Divested unproved properties and leasehold	—		—		—		149
Inventory and other	—		—		18		5
Total Impairments	$	—	$	9	$	4,492	$	249

Schedule of Non-cash Impairments of Proved and Unproved Property and Equipment

The following table represents non-cash impairments of the carrying value of the Company’s proved and unproved properties:

	For the Quarter Ended September 30,				For the Nine Months Ended September 30,
	2020		2019		2020		2019
	(In millions)
Proved Properties:
U.S.	$	—	$	—	$	3,938	$	86
Egypt	—		—		374		—
North Sea	—		—		7		—
Total Proved	$	—	$	—	$	4,319	$	86
Unproved Properties:
U.S.	$	34	$	10	$	80	$	217
Egypt	2		2		6		6
Total Unproved	$	36	$	12	$	86	$	223