Segment Information (Tables)

6 Months Ended

Jun. 30, 2011

Notes to Financial Statements [Abstract]

We have operations throughout the world and manage our operations by country. The following information is grouped into five components that are all primarily in the business of crude oil and natural gas exploration, development, and acquisition: the United States; West Africa (Equatorial Guinea, Cameroon, Senegal and Guinea-Bissau); Eastern Mediterranean (Israel and Cyprus); the North Sea (UK and the Netherlands); and Other International and Corporate. Other International includes China, Ecuador (through May 2011), and new ventures.

	Consolidated			United States			West Africa			Eastern Mediterranean		North Sea		Other Int'l and Corporate
(millions)
Three Months Ended June 30, 2011
Revenues from Third Parties	$	906		$	553		$	118		$	76	$	112	$	47
Income from Equity Method Investees		48			-			48			-		-		-
Total Revenues		954			553			166			76		112		47
DD&A		235			187			7			7		24		10
Asset Impairments		131			131			-			-		-		-
Gain on Divestiture (1)		(25	)		-			-			-		-		(25	)
Gain on Commodity Derivative Instruments		(143	)		(142	)		(1	)		-		-		-
Income (Loss) Before Income Taxes		425			250			116			57		70		(68	)
Three Months Ended June 30, 2010
Revenues from Third Parties	$	731		$	459		$	118		$	48	$	62	$	44
Reclassification from AOCL (2)		(4	)		(4	)		-			-		-		-
Income from Equity Method Investees		24			-			24			-		-		-
Total Revenues		751			455			142			48		62		44
DD&A		215			177			11			7		11		9
Gain on Commodity Derivative Instruments		(96	)		(81	)		(15	)		-		-		-
Income (Loss) Before Income Taxes		320			181			127			33		36		(57	)

Six Months Ended June 30, 2011
Revenues from Third Parties	$	1,758		$	1,058		$	248		$	128	$	226	$	98
Income from Equity Method Investees		96			-			96			-		-		-
Total Revenues		1,854			1,058			344			128		226		98
DD&A		456			354			17			11		52		22
Asset Impairments		139			137			-			-		2		-
Gain on Divestiture (1)		(26	)		(1	)		-			-		-		(25	)
Loss on Commodity Derivative Instruments		143			50			93			-		-		-
Income (Loss) Before Income Taxes		462			213			190			96		138		(175	)
Six Months Ended June 30, 2010
Revenues from Third Parties	$	1,444		$	968		$	179		$	81	$	128	$	88
Reclassification from AOCL (2)		(10	)		(10	)		-			-		-		-
Income from Equity Method Investees		50			-			50			-		-		-
Total Revenues		1,484			958			229			81		128		88
DD&A		431			358			19			11		26		17
Gain on Commodity Derivative Instruments		(242	)		(227	)		(15	)		-		-		-
Income (Loss) Before Income Taxes		664			470			194			59		73		(132	)
June 30, 2011
Goodwill	$	696		$	696		$	-		$	-	$	-	$	-
Total Assets		14,339			9,607			2,531			1,276		728		197
December 31, 2010
Goodwill		696			696			-			-		-		-
Total Assets		13,282			9,091			2,270			919		770		232