v3.25.4
Inventory, Linefill and Long-term Inventory (Tables)
12 Months Ended
Dec. 31, 2025
Inventory Disclosure [Abstract]  
Schedule of Inventory
Inventory, linefill and long-term inventory consisted of the following (barrels in thousands and carrying value in millions):

December 31, 2025December 31, 2024
VolumesUnit of
Measure
Carrying
Value
Price/
Unit (1)
VolumesUnit of
Measure
Carrying
Value
Price/
Unit (1)
Inventory
Crude oil2,948 barrels$166 $56.31 3,321 barrels$221 $66.55 
NGL562 barrels27 $48.04 603 barrels26 $43.12 
OtherN/A18 N/AN/A14 N/A
Inventory subtotal211 261 
Linefill
Crude oil15,112 barrels898 $59.42 15,463 barrels903 $58.40 
NGL33 barrels2 $60.61 32 barrels1 $31.25 
Linefill subtotal900 904 
Long-term inventory
Crude oil3,724 barrels213 $57.20 3,413 barrels238 $69.73 
NGL26 barrels1 $38.46 90 barrels4 $44.44 
Long-term inventory subtotal214 242 
Total$1,325 $1,407 
(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):

December 31, 2025December 31, 2024
VolumesUnit of
Measure
Carrying
Value
Price/
Unit (1)
VolumesUnit of
Measure
Carrying
Value
Price/
Unit (1)
Inventory
Crude oil2,948 barrels$166 $56.31 3,321 barrels$221 $66.55 
NGL562 barrels27 $48.04 603 barrels26 $43.12 
OtherN/A18 N/AN/A14 N/A
Inventory subtotal211 261 
Linefill
Crude oil15,112 barrels898 $59.42 15,463 barrels903 $58.40 
NGL33 barrels2 $60.61 32 barrels1 $31.25 
Linefill subtotal900 904 
Long-term inventory
Crude oil3,724 barrels213 $57.20 3,413 barrels238 $69.73 
NGL26 barrels1 $38.46 90 barrels4 $44.44 
Long-term inventory subtotal214 242 
Total$1,325 $1,407 
(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.