XML 29 R30.htm IDEA: XBRL DOCUMENT v2.4.0.6
Segment Information (Tables)
3 Months Ended
Mar. 31, 2013
Segment Reporting [Abstract]  
Segment Information
We have operations throughout the world and manage our operations by country. The following information is grouped into four components that are all in the business of crude oil and natural gas exploration, development, production, and acquisition: the United States; West Africa (Equatorial Guinea, Cameroon, Sierra Leone and Senegal/Guinea-Bissau, which we exited in the third quarter of 2012); Eastern Mediterranean (Israel and Cyprus); and Other International and Corporate. Other International includes China, Falkland Islands, Nicaragua and new ventures. As of March 31, 2013, our remaining North Sea assets were reclassified to assets held for sale, and prior year amounts have been reclassified to exclude the North Sea geographical segment. See Note 3. Divestitures.
 
Consolidated
 
United
States
 
West
Africa
 
Eastern
Mediterranean
 
Other Int'l &
Corporate
(millions)
 
 
 
 
 
 
 
 
 
Three Months Ended March 31, 2013
 
 
 
 
 
 
 
 
 
Revenues from Third Parties
$
1,083

 
$
716

 
$
273

 
$
51

 
$
43

Income from Equity Method Investees
60

 

 
60

 

 

Total Revenues
1,143

 
716

 
333

 
51

 
43

DD&A
366

 
266

 
54

 
28

 
18

Loss on Commodity Derivative Instruments (1)
72

 
49

 
23

 

 

Income (Loss) from Continuing Operations Before Income Taxes
318

 
243

 
231

 
15

 
(171
)
Three Months Ended March 31, 2012
 

 
 

 
 

 
 

 
 

Revenues from Third Parties
$
1,037

 
$
554

 
$
383

 
$
44

 
$
56

Income from Equity Method Investees
51

 

 
51

 

 

Total Revenues
1,088

 
554

 
434

 
44

 
56

DD&A
294

 
198

 
73

 
5

 
18

Gain (Loss) on Commodity Derivative Instruments (1)
96

 
(9
)
 
105

 

 

Income (Loss) from Continuing Operations Before Income Taxes
335

 
193

 
227

 
32

 
(117
)
March 31, 2013
 

 
 

 
 

 
 

 
 

Total Assets
$
17,667

 
$
11,398

 
$
3,183

 
$
2,631

 
$
455

December 31, 2012
 

 
 

 
 

 
 

 
 

Total Assets
17,509

 
11,199

 
3,063

 
2,572

 
675

(1) See Note 4. Derivative Instruments and Hedging Activities.