| Schedule of Disaggregation of Revenue |
The following tables present the Company’s revenue from contracts with customers:
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2026 | | 2025 | | 2026 | | 2025 | | (In millions) | | Oil sales | $ | 4,216 | | | $ | 2,994 | | | $ | 12,288 | | | $ | 8,885 | | | Natural gas sales | 151 | | | 87 | | | (104) | | | 396 | | | Natural gas liquid sales | 487 | | | 366 | | | 1,281 | | | 1,139 | | | Total oil, natural gas and natural gas liquid revenues | 4,854 | | | 3,447 | | | 13,465 | | | 10,420 | | | Sales of purchased oil | 536 | | | 459 | | | 1,660 | | | 1,168 | | | Other service revenues | 15 | | | 8 | | | 49 | | | 38 | | Total revenue from contracts with customers(1) | $ | 5,405 | | | $ | 3,914 | | | $ | 15,174 | | | $ | 11,626 | |
(1) Total revenues in the condensed consolidated statements of operations include revenues from sources other than contracts with customers of approximately $26 million and $10 million for the three months ended September 30, 2026 and 2025, respectively, and $59 million and $24 million for the nine months ended September 30, 2026 and 2025, respectively.
The following tables present the Company’s revenue from oil, natural gas and natural gas liquids disaggregated by basin:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, 2026 | | Three Months Ended September 30, 2025 | | Midland Basin | | Delaware Basin | | Other | | Total | | Midland Basin | | Delaware Basin | | Other | | Total | | (In millions) | | Oil sales | $ | 3,908 | | | $ | 304 | | | $ | 4 | | | $ | 4,216 | | | $ | 2,786 | | | $ | 206 | | | $ | 2 | | | $ | 2,994 | | | Natural gas sales | 144 | | | 5 | | | 2 | | | 151 | | | 80 | | | 7 | | | — | | | 87 | | | Natural gas liquid sales | 451 | | | 35 | | | 1 | | | 487 | | | 340 | | | 26 | | | — | | | 366 | | | Total oil, natural gas and natural gas liquid sales | $ | 4,503 | | | $ | 344 | | | $ | 7 | | | $ | 4,854 | | | $ | 3,206 | | | $ | 239 | | | $ | 2 | | | $ | 3,447 | | | | | | | | | | | | | | | | | | | Nine Months Ended September 30, 2026 | | Nine Months Ended September 30, 2025 | | Midland Basin | | Delaware Basin | | Other | | Total | | Midland Basin | | Delaware Basin | | Other | | Total | | (In millions) | | Oil sales | $ | 11,380 | | | $ | 888 | | | $ | 20 | | | $ | 12,288 | | | $ | 8,213 | | | $ | 648 | | | $ | 24 | | | $ | 8,885 | | | Natural gas sales | (112) | | | 1 | | | 7 | | | (104) | | | 360 | | | 35 | | | 1 | | | 396 | | | Natural gas liquid sales | 1,182 | | | 96 | | | 3 | | | 1,281 | | | 1,049 | | | 89 | | | 1 | | | 1,139 | | | Total oil, natural gas and natural gas liquid sales | $ | 12,450 | | | $ | 985 | | | $ | 30 | | | $ | 13,465 | | | $ | 9,622 | | | $ | 772 | | | $ | 26 | | | $ | 10,420 | |
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