v3.26.1
Inventory, Linefill and Long-term Inventory (Tables)
3 Months Ended
Mar. 31, 2026
Inventory Disclosure [Abstract]  
Schedule of Inventory
Inventory, linefill and long-term inventory consisted of the following (barrels in thousands and carrying value in millions):
 March 31, 2026December 31, 2025
 VolumesUnit of
Measure
Carrying
Value
Price/
Unit (1)
VolumesUnit of
Measure
Carrying
Value
Price/
Unit (1)
Inventory        
Crude oil4,452 barrels$350 $78.62 2,948 barrels$166 $56.31 
NGL318 barrels15 $48.05 562 barrels27 $48.04 
OtherN/A 15 N/AN/A 18 N/A
Inventory subtotal  380    211  
Linefill        
Crude oil14,834 barrels875 $58.99 15,112 barrels898 $59.42 
NGL32 barrels$39.97 33 barrels$60.61 
Linefill subtotal  876    900  
Long-term inventory        
Crude oil3,484 barrels312 $89.55 3,724 barrels213 $57.20 
NGL51 barrels$45.91 26 barrels$38.46 
Long-term inventory subtotal  315    214  
Total  $1,571    $1,325  
(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.
Schedule of 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, 2026December 31, 2025
 VolumesUnit of
Measure
Carrying
Value
Price/
Unit (1)
VolumesUnit of
Measure
Carrying
Value
Price/
Unit (1)
Inventory        
Crude oil4,452 barrels$350 $78.62 2,948 barrels$166 $56.31 
NGL318 barrels15 $48.05 562 barrels27 $48.04 
OtherN/A 15 N/AN/A 18 N/A
Inventory subtotal  380    211  
Linefill        
Crude oil14,834 barrels875 $58.99 15,112 barrels898 $59.42 
NGL32 barrels$39.97 33 barrels$60.61 
Linefill subtotal  876    900  
Long-term inventory        
Crude oil3,484 barrels312 $89.55 3,724 barrels213 $57.20 
NGL51 barrels$45.91 26 barrels$38.46 
Long-term inventory subtotal  315    214  
Total  $1,571    $1,325  
(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.