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BUSINESS SEGMENT INFORMATION - Financial Segment Information (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
Operating Expenses:          
Lease operating expenses $ 352 $ 359 $ 666 $ 703  
Taxes other than income 47 78 97 148  
Exploration 37 15 81 40  
Depreciation, depletion, and amortization 339 278 647 569  
Asset retirement obligation accretion 29 29 57 58  
Impairments 46 0 46 0  
Total operating expenses 1,056 1,381 2,089 2,572  
Operating Income (Loss) 688 1,666 1,600 3,144  
Other Income (Expense):          
Derivative instrument losses, net 0 (32) 0 (94)  
Gain (loss) on divestitures, net 5 (27) 6 1,149  
Other, net 109 64 77 109  
General and administrative (66) (83) (124) (234)  
Transaction, reorganization, and separation (2) (3) (6) (17)  
Financing costs, net (42) (62) (91) (202)  
NET INCOME BEFORE INCOME TAXES 692 1,523 1,462 3,855  
Total assets 14,572 13,839 14,572 13,839 $ 14,255
Operating Segments | Egypt          
Operating Expenses:          
Lease operating expenses 121 131 218 262  
Taxes other than income 0 0 0 0  
Exploration 30 12 66 27  
Depreciation, depletion, and amortization 126 91 249 188  
Asset retirement obligation accretion 0 0 0 0  
Impairments 0   0    
Total operating expenses 283 239 546 487  
Operating Income (Loss) 425 754 884 1,397  
Other Income (Expense):          
Total assets 3,365 3,107 3,365 3,107  
Impairments of oil and gas properties   1   2  
Operating Segments | North Sea          
Operating Expenses:          
Lease operating expenses 99 118 176 214  
Taxes other than income 0 0 0 0  
Exploration 4 2 9 7  
Depreciation, depletion, and amortization 61 54 119 116  
Asset retirement obligation accretion 19 20 37 40  
Impairments 46   46    
Total operating expenses 241 206 410 401  
Operating Income (Loss) 37 177 220 425  
Other Income (Expense):          
Total assets 1,719 2,103 1,719 2,103  
Impairments of oil and gas properties 3   6    
Operating Segments | U.S.          
Operating Expenses:          
Lease operating expenses 132 110 272 228  
Taxes other than income 47 78 97 145  
Exploration 3 1 6 5  
Depreciation, depletion, and amortization 152 133 279 263  
Asset retirement obligation accretion 10 9 20 17  
Impairments 0   0    
Total operating expenses 532 936 1,133 1,691  
Operating Income (Loss) 226 735 496 1,313  
Other Income (Expense):          
Total assets 9,489 8,629 9,489 8,629  
Impairments of oil and gas properties 3 1 5 4  
Reportable Legal Entities | Altus Midstream          
Operating Expenses:          
Lease operating expenses 0 0 0 0  
Taxes other than income 0 0 0 3  
Exploration 0 0 0 0  
Depreciation, depletion, and amortization 0 0 0 2  
Asset retirement obligation accretion 0 0 0 1  
Impairments 0   0    
Total operating expenses 0 0 0 11  
Operating Income (Loss) 0 0 0 10  
Other Income (Expense):          
Total assets 0 0 0 0  
Intersegment Eliminations & Other          
Operating Expenses:          
Lease operating expenses 0 0 0 (1)  
Taxes other than income 0 0 0 0  
Exploration 0 0 0 1  
Depreciation, depletion, and amortization 0 0 0 0  
Asset retirement obligation accretion 0 0 0 0  
Impairments 0   0    
Total operating expenses 0 0 0 (18)  
Operating Income (Loss) 0 0 0 (1)  
Other Income (Expense):          
Total assets (1) 0 (1) 0  
Oil and gas          
Segment Reporting Information [Line Items]          
Revenues 1,744 3,047 3,689 5,716  
Oil and gas | Operating Segments | Egypt          
Segment Reporting Information [Line Items]          
Revenues 708 993 1,430 1,884  
Oil and gas | Operating Segments | North Sea          
Segment Reporting Information [Line Items]          
Revenues 278 383 630 826  
Oil and gas | Operating Segments | U.S.          
Segment Reporting Information [Line Items]          
Revenues 758 1,671 1,629 3,004  
Oil and gas | Reportable Legal Entities | Altus Midstream          
Segment Reporting Information [Line Items]          
Revenues 0 0 0 21  
Oil and gas | Intersegment Eliminations & Other          
Segment Reporting Information [Line Items]          
Revenues 0 0 0 (19)  
Gathering, processing, and transmission costs          
Segment Reporting Information [Line Items]          
Oil, natural gas, and natural gas liquids production revenues [1] 1,600 2,525 3,306 4,845  
Operating Expenses:          
Gathering, processing, and transmission/Purchased oil and gas costs [1] 75 94 148 175  
Gathering, processing, and transmission costs | Operating Segments | Egypt          
Segment Reporting Information [Line Items]          
Oil, natural gas, and natural gas liquids production revenues 708 993 1,430 1,884  
Operating Expenses:          
Gathering, processing, and transmission/Purchased oil and gas costs 6 5 13 10  
Gathering, processing, and transmission costs | Operating Segments | North Sea          
Segment Reporting Information [Line Items]          
Oil, natural gas, and natural gas liquids production revenues 278 383 630 826  
Operating Expenses:          
Gathering, processing, and transmission/Purchased oil and gas costs 12 12 23 24  
Gathering, processing, and transmission costs | Operating Segments | U.S.          
Segment Reporting Information [Line Items]          
Oil, natural gas, and natural gas liquids production revenues 614 1,149 1,246 2,138  
Operating Expenses:          
Gathering, processing, and transmission/Purchased oil and gas costs 57 77 112 154  
Gathering, processing, and transmission costs | Reportable Legal Entities | Altus Midstream          
Segment Reporting Information [Line Items]          
Oil, natural gas, and natural gas liquids production revenues 0 0 0 0  
Operating Expenses:          
Gathering, processing, and transmission/Purchased oil and gas costs 0 0 0 5  
Gathering, processing, and transmission costs | Intersegment Eliminations & Other          
Segment Reporting Information [Line Items]          
Oil, natural gas, and natural gas liquids production revenues 0 0 0 (3)  
Operating Expenses:          
Gathering, processing, and transmission/Purchased oil and gas costs 0 0 0 (18)  
Purchased oil and gas sales          
Segment Reporting Information [Line Items]          
Purchased oil and gas sales [1] 144 522 383 871  
Operating Expenses:          
Gathering, processing, and transmission/Purchased oil and gas costs [1] 131 528 347 879  
Purchased oil and gas sales | Operating Segments | Egypt          
Segment Reporting Information [Line Items]          
Purchased oil and gas sales 0 0 0 0  
Operating Expenses:          
Gathering, processing, and transmission/Purchased oil and gas costs 0 0 0 0  
Purchased oil and gas sales | Operating Segments | North Sea          
Segment Reporting Information [Line Items]          
Purchased oil and gas sales 0 0 0 0  
Operating Expenses:          
Gathering, processing, and transmission/Purchased oil and gas costs 0 0 0 0  
Purchased oil and gas sales | Operating Segments | U.S.          
Segment Reporting Information [Line Items]          
Purchased oil and gas sales 144 522 383 866  
Operating Expenses:          
Gathering, processing, and transmission/Purchased oil and gas costs 131 528 347 879  
Purchased oil and gas sales | Reportable Legal Entities | Altus Midstream          
Segment Reporting Information [Line Items]          
Purchased oil and gas sales 0 0 0 5  
Operating Expenses:          
Gathering, processing, and transmission/Purchased oil and gas costs 0 0 0 0  
Purchased oil and gas sales | Intersegment Eliminations & Other          
Segment Reporting Information [Line Items]          
Purchased oil and gas sales 0 0 0 0  
Operating Expenses:          
Gathering, processing, and transmission/Purchased oil and gas costs 0 0 0 0  
Midstream service affiliate revenues | Reportable Legal Entities | Altus Midstream          
Segment Reporting Information [Line Items]          
Purchased oil and gas sales       16  
Midstream service affiliate revenues | Intersegment Eliminations & Other          
Segment Reporting Information [Line Items]          
Purchased oil and gas sales       (16)  
Oil revenues          
Other Income (Expense):          
Revenue from non-customers 165 302 337 552  
Oil revenues | Gathering, processing, and transmission costs          
Segment Reporting Information [Line Items]          
Oil, natural gas, and natural gas liquids production revenues 1,326 1,863 2,676 3,580  
Oil revenues | Gathering, processing, and transmission costs | Operating Segments | Egypt          
Segment Reporting Information [Line Items]          
Oil, natural gas, and natural gas liquids production revenues 618 902 1,247 1,692  
Oil revenues | Gathering, processing, and transmission costs | Operating Segments | North Sea          
Segment Reporting Information [Line Items]          
Oil, natural gas, and natural gas liquids production revenues 235 307 517 635  
Oil revenues | Gathering, processing, and transmission costs | Operating Segments | U.S.          
Segment Reporting Information [Line Items]          
Oil, natural gas, and natural gas liquids production revenues 473 654 912 1,253  
Oil revenues | Gathering, processing, and transmission costs | Reportable Legal Entities | Altus Midstream          
Segment Reporting Information [Line Items]          
Oil, natural gas, and natural gas liquids production revenues 0 0 0 0  
Oil revenues | Gathering, processing, and transmission costs | Intersegment Eliminations & Other          
Segment Reporting Information [Line Items]          
Oil, natural gas, and natural gas liquids production revenues 0 0 0 0  
Natural gas revenues          
Other Income (Expense):          
Revenue from non-customers 24 30 50 61  
Natural gas revenues | Gathering, processing, and transmission costs          
Segment Reporting Information [Line Items]          
Oil, natural gas, and natural gas liquids production revenues 175 433 413 813  
Natural gas revenues | Gathering, processing, and transmission costs | Operating Segments | Egypt          
Segment Reporting Information [Line Items]          
Oil, natural gas, and natural gas liquids production revenues 90 88 183 186  
Natural gas revenues | Gathering, processing, and transmission costs | Operating Segments | North Sea          
Segment Reporting Information [Line Items]          
Oil, natural gas, and natural gas liquids production revenues 39 64 99 163  
Natural gas revenues | Gathering, processing, and transmission costs | Operating Segments | U.S.          
Segment Reporting Information [Line Items]          
Oil, natural gas, and natural gas liquids production revenues 46 281 131 464  
Natural gas revenues | Gathering, processing, and transmission costs | Reportable Legal Entities | Altus Midstream          
Segment Reporting Information [Line Items]          
Oil, natural gas, and natural gas liquids production revenues 0 0 0 0  
Natural gas revenues | Gathering, processing, and transmission costs | Intersegment Eliminations & Other          
Segment Reporting Information [Line Items]          
Oil, natural gas, and natural gas liquids production revenues 0 0 0 0  
Natural gas liquids revenues          
Other Income (Expense):          
Revenue from non-customers 0 1 0 2  
Natural gas liquids revenues | Gathering, processing, and transmission costs          
Segment Reporting Information [Line Items]          
Oil, natural gas, and natural gas liquids production revenues 99 229 217 452  
Natural gas liquids revenues | Gathering, processing, and transmission costs | Operating Segments | Egypt          
Segment Reporting Information [Line Items]          
Oil, natural gas, and natural gas liquids production revenues 0 3 0 6  
Natural gas liquids revenues | Gathering, processing, and transmission costs | Operating Segments | North Sea          
Segment Reporting Information [Line Items]          
Oil, natural gas, and natural gas liquids production revenues 4 12 14 28  
Natural gas liquids revenues | Gathering, processing, and transmission costs | Operating Segments | U.S.          
Segment Reporting Information [Line Items]          
Oil, natural gas, and natural gas liquids production revenues 95 214 203 421  
Natural gas liquids revenues | Gathering, processing, and transmission costs | Reportable Legal Entities | Altus Midstream          
Segment Reporting Information [Line Items]          
Oil, natural gas, and natural gas liquids production revenues 0 0 0 0  
Natural gas liquids revenues | Gathering, processing, and transmission costs | Intersegment Eliminations & Other          
Segment Reporting Information [Line Items]          
Oil, natural gas, and natural gas liquids production revenues $ 0 $ 0 $ 0 $ (3)  
[1] For transactions associated with Kinetik, refer to Note 7—Equity Method Interests for further detail.