SUPPLEMENTAL INFORMATION ON OIL AND GAS EXPLORATION AND PRODUCTION ACTIVITIES (UNAUDITED) - Changes in Standardized Measure of Discounted Future Net Cash Flows Relating to Proved Oil and Gas Reserves (Details) - USD ($) $ in Millions |
12 Months Ended | ||
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Dec. 31, 2022 |
Dec. 31, 2021 |
Dec. 31, 2020 |
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Extractive Industries [Abstract] | |||
Sales and transfers of oil and gas produced, net of production costs | $ (1,849) | $ (1,035) | $ (264) |
Net changes in prices, production costs, and development costs | 5,130 | 2,596 | (954) |
Extensions and discoveries | 941 | 639 | 38 |
Previously estimated development costs incurred during the period | 204 | 149 | 215 |
Revisions of previous quantity estimates, less related production costs | 154 | 858 | (255) |
Sales of oil and gas reserves in place | (1) | (1) | (6) |
Accretion of discount | 414 | 54 | 170 |
Net changes in income taxes | (1,067) | (178) | 0 |
Change in production rates and other | 215 | 516 | (109) |
Total change in standardized measure of discounted future net cash flows | $ 4,141 | $ 3,598 | $ (1,165) |
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- Definition Change in production rates and other No definition available.
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- Definition Net change in sales and transfer prices and in production (lifting) costs related to future production and in the evaluation of the costs that will be required in future periods to make it possible to extract or process proved oil and gas reserves. No definition available.
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- Definition Amount of decrease in standardized measure of discounted future net cash flow as a result of sales of minerals in place. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of increase (decrease) in standardized measure of discounted future net cash flow as a result of extensions, discoveries and improved recovery of proved oil and gas reserves. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of increase (decrease) in standardized measure of discounted future net cash flow as a result of change in the estimated future income tax on future pretax net cash flows related to the entity's proved oil and gas reserves. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of increase in standardized measure of discounted future net cash flow as a result of previously estimated development costs incurred. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of increase (decrease) in standardized measure of discounted future net cash flow as a result of revisions of estimated quantity of oil and gas in proved reserves. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of (increase) decrease in standardized measure of discounted future net cash flow as a result of sales and transfers of oil and gas produced. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of increase (decrease) in standardized measure of discounted future net cash flow relating to proved oil and gas reserves. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of accretion of discount for the standardized measure of discounted future net cash flow related to proved oil and gas reserves. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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