v3.25.1
Inventory, Linefill and Long-term Inventory
 3 Months Ended
Mar. 31, 2025
Inventory Disclosure [Abstract]  
Inventory, Linefill and Long-term Inventory Inventory, Linefill and Long-term Inventory
 
Inventory, linefill and long-term inventory consisted of the following (barrels in thousands and carrying value in millions):

 March 31, 2025December 31, 2024
 VolumesUnit of
Measure		Carrying
Value
Price/
Unit (1)
VolumesUnit of
Measure		Carrying
Value
Price/
Unit (1)
Inventory        
Crude oil3,399 barrels$221 $65.02 3,911 barrels$259 $66.22 
NGL3,410 barrels102 $29.91 6,985 barrels166 $23.77 
OtherN/A 12 N/AN/A 14 N/A
Inventory subtotal  335    439  
Linefill        
Crude oil15,754 barrels924 $58.65 15,521 barrels906 $58.37 
NGL2,269 barrels64 $28.21 2,259 barrels62 $27.45 
Linefill subtotal  988    968  
Long-term inventory        
Crude oil3,501 barrels244 $69.69 3,424 barrels239 $69.80 
NGL1,355 barrels45 $33.21 1,355 barrels41 $30.26 
Long-term inventory subtotal  289    280  
Total  $1,612    $1,687  
(1)Price per unit of measure is comprised of a weighted average associated with various grades, qualities and locations. Accordingly, these prices may not coincide with any published benchmarks for such products.