BUSINESS SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Schedule of Financial Segment Information

	Egypt(1)		North Sea		U.S.		Altus Midstream		Intersegment Eliminations & Other		Total(2)
	Upstream
	(In millions)
2022
Oil revenues	$	3,145	$	1,232	$	2,323	$	—	$	—	$	6,700
Natural gas revenues	370		281		894		—		—		1,545
Natural gas liquids revenues	6		45		735		—		(3)		783
Oil, natural gas, and natural gas liquids production revenues	3,521		1,558		3,952		—		(3)		9,028
Purchased oil and gas sales	—		—		1,850		5		—		1,855
Midstream service affiliate revenues	—		—		—		16		(16)		—
	3,521		1,558		5,802		21		(19)		10,883
Operating Expenses:
Lease operating expenses	526		404		506		—		(1)		1,435
Gathering, processing, and transmission	22		43		304		5		(18)		356
Purchased oil and gas costs	—		—		1,776		—		—		1,776
Taxes other than income	—		—		253		3		—		256
Exploration	84		35		24		—		3		146
Depreciation, depletion, and amortization	400		238		537		2		—		1,177
Asset retirement obligation accretion	—		82		34		1		—		117
	1,032		802		3,434		11		(16)		5,263
Operating Income (Loss)	$	2,489	$	756	$	2,368	$	10	$	(3)	5,620
Other Income (Expense):
Gain on divestitures, net											1,180
Losses on previously sold Gulf of Mexico properties											(157)
Derivative instrument losses, net											(107)
Other											139
General and administrative											(462)
Transaction, reorganization, and separation											(26)
Financing costs, net											(313)
Income Before Income Taxes											$	5,874
Total Assets(3)	$	3,148	$	1,911	$	9,196	$	—	$	—	$	14,255
Net Property and Equipment	$	1,976	$	1,386	$	4,595	$	—	$	—	$	7,957
Additions to Net Property and Equipment	$	695	$	210	$	752	$	—	$	—	$	1,657

	Egypt(1)		North Sea		U.S.		Altus Midstream		Intersegment Eliminations & Other		Total(2)
	Upstream
	(In millions)
2021
Oil revenues	$	1,806	$	929	$	1,850	$	—	$	—	$	4,585
Natural gas revenues	270		183		754		—		—		1,207
Natural gas liquids revenues	9		24		676		—		(3)		706
Oil, natural gas, and natural gas liquids production revenues	2,085		1,136		3,280		—		(3)		6,498
Purchased oil and gas sales	—		—		1,476		11		—		1,487
Midstream service affiliate revenues	—		—		—		127		(127)		—
	2,085		1,136		4,756		138		(130)		7,985
Operating Expenses:
Lease operating expenses	469		383		391		—		(2)		1,241
Gathering, processing, and transmission	12		39		309		32		(128)		264
Purchased oil and gas costs	—		—		1,575		5		—		1,580
Taxes other than income	—		—		190		14		—		204
Exploration	63		34		28		—		2		127
Depreciation, depletion, and amortization	524		270		554		12		—		1,360
Asset retirement obligation accretion	—		79		30		4		—		113
Impairments	26		22		—		160		—		208
	1,094		827		3,077		227		(128)		5,097
Operating Income (Loss)	$	991	$	309	$	1,679	$	(89)	$	(2)	2,888
Other Income (Expense):
Gain on divestitures, net											67
Losses on previously sold Gulf of Mexico properties											(446)
Derivative instrument gains, net											94
Other											228
General and administrative											(357)
Transaction, reorganization, and separation											(22)
Financing costs, net											(472)
Income Before Income Taxes											$	1,980
Total Assets(3)	$	2,796	$	2,199	$	7,700	$	1,698	$	—	$	14,393
Net Property and Equipment	$	1,720	$	1,646	$	4,507	$	187	$	—	$	8,060
Additions to Net Property and Equipment	$	319	$	159	$	523	$	3	$	—	$	1,004

	Egypt(1)		North Sea		U.S.		Altus Midstream		Intersegment Eliminations & Other		Total(2)
	Upstream
	(In millions)
2020
Oil revenues	$	1,102	$	795	$	1,209	$	—	$	—	$	3,106
Natural gas revenues	280		67		251		—		—		598
Natural gas liquids revenues	8		21		304		—		—		333
Oil, natural gas, and natural gas liquids production revenues	1,390		883		1,764		—		—		4,037
Purchased oil and gas sales	—		—		394		4		—		398
Midstream service affiliate revenues	—		—		—		145		(145)		—
	1,390		883		2,158		149		(145)		4,435
Operating Expenses:
Lease operating expenses	424		305		400		—		(2)		1,127
Gathering, processing, and transmission	38		50		291		38		(143)		274
Purchased oil and gas costs	—		—		354		3		—		357
Taxes other than income	—		—		108		15		—		123
Exploration	63		28		168		—		15		274
Depreciation, depletion, and amortization	601		380		779		12		—		1,772
Asset retirement obligation accretion	—		73		32		4		—		109
Impairments	529		7		3,963		2		—		4,501
	1,655		843		6,095		74		(130)		8,537
Operating Income (Loss)	$	(265)	$	40	$	(3,937)	$	75	$	(15)	(4,102)
Other Income (Expense):
Gain on divestitures, net											32
Derivative instrument losses, net											(223)
Other											64
General and administrative											(290)
Transaction, reorganization, and separation											(54)
Financing costs, net											(267)
Loss Before Income Taxes											$	(4,840)
Total Assets(3)	$	3,003	$	2,220	$	5,540	$	1,786	$	197	$	12,746
Net Property and Equipment	$	1,955	$	1,773	$	4,760	$	196	$	135	$	8,819
Additions to Net Property and Equipment	$	454	$	215	$	345	$	12	$	136	$	1,162

(1)Includes revenue from non-customers for the years ended December 31, 2022, 2021, and 2020 of:

	For the Year Ended December 31,
	2022		2021		2020
	(In millions)
Oil	$	989	$	420	$	95
Natural gas	117		47		14
Natural gas liquids	2		2		—

(2)Includes noncontrolling interests in Egypt and Altus Midstream.

(3)Intercompany balances are excluded from total assets.