CONSOLIDATED STATEMENTS OF INCOME (USD $) In Thousands, except Share data	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
REVENUES
Sales and other operating revenues	$ 8,690,140	$ 5,592,353	$ 16,036,143	$ 10,821,028
Gain on sale of assets	23,079	113	23,132	789
Interest and other income (expense)	8,272	(535)	13,883	(49,726)
Total revenues	8,721,491	5,591,931	16,073,158	10,772,091
COSTS AND EXPENSES
Crude oil and product purchases	7,068,906	4,253,167	12,948,722	8,232,126
Operating expenses	600,918	460,244	1,153,902	925,851
Exploration expenses, including undeveloped lease amortization	122,538	53,093	218,812	119,457
Selling and general expenses	86,033	68,851	161,500	133,982
Depreciation, depletion and amortization	270,816	288,212	548,156	580,892
Accretion of asset retirement obligations	9,658	7,844	19,145	15,457
Redetermination of Terra Nova working interest	0	5,346	(5,351)	10,862
Interest expense	12,600	13,893	24,319	28,702
Interest capitalized	(2,639)	(3,696)	(9,072)	(6,361)
Total costs and expenses	8,168,830	5,146,954	15,060,133	10,040,968
Income before income taxes	552,661	444,977	1,013,025	731,123
Income tax expense	241,048	172,688	432,509	309,943
NET INCOME	$ 311,613	$ 272,289	$ 580,516	$ 421,180
NET INCOME PER COMMON SHARE
Basic	$ 1.61	$ 1.42	$ 3.00	$ 2.20
Diluted	$ 1.60	$ 1.41	$ 2.98	$ 2.18
Average common shares outstanding
Basic	193,481,601	191,585,996	193,267,154	191,394,728
Diluted	194,916,194	193,169,099	194,642,191	192,821,487