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Derivative Financial Instruments (Schedule Of Open Oil Derivative Positions) (Details) | 12 Months Ended
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Dec. 31, 2014 bbl
NYMEX West Texas Intermediate Price Swaps Oil Q1 - Q4 2015 [Member] |
Derivatives, Fair Value [Line Items] |
Volume Per Day (Bbls/d) | 107,203 us-gaap_DerivativeNonmonetaryNotionalAmountVolume / us-gaap_DerivativeInstrumentRiskAxis = dvn_NymexWestTexasIntermediatePriceSwapOil2015Member
Weighted Average Price Swap | 91.07 us-gaap_DerivativeSwapTypeAverageFixedPrice / us-gaap_DerivativeInstrumentRiskAxis = dvn_NymexWestTexasIntermediatePriceSwapOil2015Member
NYMEX West Texas Intermediate Price Collars Oil Q1 - Q4 2015 [Member] |
Derivatives, Fair Value [Line Items] |
Volume Per Day (Bbls/d) | 31,500 us-gaap_DerivativeNonmonetaryNotionalAmountVolume / us-gaap_DerivativeInstrumentRiskAxis = dvn_NymexWestTexasIntermediatePriceCollarOil2015Member
Weighted Average Floor Price | 89.67 us-gaap_DerivativeAverageFloorPrice / us-gaap_DerivativeInstrumentRiskAxis = dvn_NymexWestTexasIntermediatePriceCollarOil2015Member
Weighted Average Ceiling Price | 97.84 us-gaap_DerivativeAverageCapPrice / us-gaap_DerivativeInstrumentRiskAxis = dvn_NymexWestTexasIntermediatePriceCollarOil2015Member
NYMEX West Texas Intermediate Call Options Sold Oil Q1 - Q4 2015 [Member] |
Derivatives, Fair Value [Line Items] |
Volume Per Day (Bbls/d) | 28,000 us-gaap_DerivativeNonmonetaryNotionalAmountVolume / us-gaap_DerivativeInstrumentRiskAxis = dvn_NymexWestTexasIntermediateCallOptionOil2015Member
Weighted Average Call Option Sold Price | 116.43 us-gaap_DerivativeAveragePriceRiskOptionStrikePrice / us-gaap_DerivativeInstrumentRiskAxis = dvn_NymexWestTexasIntermediateCallOptionOil2015Member
NYMEX West Texas Intermediate Call Options Sold Oil Q1 - Q4 2016 [Member] |
Derivatives, Fair Value [Line Items] |
Volume Per Day (Bbls/d) | 18,500 us-gaap_DerivativeNonmonetaryNotionalAmountVolume / us-gaap_DerivativeInstrumentRiskAxis = dvn_NymexWestTexasIntermediateCallOptionOil2016Member
Weighted Average Call Option Sold Price | 103.11 us-gaap_DerivativeAveragePriceRiskOptionStrikePrice / us-gaap_DerivativeInstrumentRiskAxis = dvn_NymexWestTexasIntermediateCallOptionOil2016Member
Western Canadian Select Basis Swaps Oil Q1 - Q4 2015 [Member] |
Derivatives, Fair Value [Line Items] |
Volume Per Day (Bbls/d) | 22,514 us-gaap_DerivativeNonmonetaryNotionalAmountVolume / us-gaap_DerivativeInstrumentRiskAxis = dvn_WesternCanadianSelectBasisSwapsOilQuarterOneThroughQuarterFour2015Member
Weighted Average Differential To WTI | (18.35)dvn_WeightedAverageDifferentialToWTI / us-gaap_DerivativeInstrumentRiskAxis = dvn_WesternCanadianSelectBasisSwapsOilQuarterOneThroughQuarterFour2015Member
West Texas Sour Basis Swaps Oil Q1 - Q4 2015 [Member] |
Derivatives, Fair Value [Line Items] |
Volume Per Day (Bbls/d) | 8,000 us-gaap_DerivativeNonmonetaryNotionalAmountVolume / us-gaap_DerivativeInstrumentRiskAxis = dvn_WestTexasSourBasisSwapsOilQuarterOneThroughQuarterFour2015Member
Weighted Average Differential To WTI | (3.68)dvn_WeightedAverageDifferentialToWTI / us-gaap_DerivativeInstrumentRiskAxis = dvn_WestTexasSourBasisSwapsOilQuarterOneThroughQuarterFour2015Member
Midland Sweet Basis Swaps Oil Q1 - Q4 2015 [Member] |
Derivatives, Fair Value [Line Items] |
Volume Per Day (Bbls/d) | 14,247 us-gaap_DerivativeNonmonetaryNotionalAmountVolume / us-gaap_DerivativeInstrumentRiskAxis = dvn_MidlandSweetBasisSwapsOilQuarterOneThroughQuarterFour2015Member
Weighted Average Differential To WTI | (2.92)dvn_WeightedAverageDifferentialToWTI / us-gaap_DerivativeInstrumentRiskAxis = dvn_MidlandSweetBasisSwapsOilQuarterOneThroughQuarterFour2015Member

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- Definition Weighted Average Differential to W T I + References No definition available. + Details
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- Definition The average cap rate on a group of price risk derivatives such as caps or collars. A payment or receipt is triggered if the market rate exceeds the cap rate on the contract. + References No definition available. + Details
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- Definition The average floor rate on a group of price risk derivatives such as floors or collars. A payment or receipt is triggered if the market rate falls below the floor rate on the contract. + References No definition available. + Details
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- Definition The average strike price on the group of price risk option contracts such as put options or call options. + References No definition available. + Details
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- Definition Nominal volume used to calculate payments on a derivative instrument. + References No definition available. + Details
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- Definition Average fixed price related to the group of price risk swap derivatives. + References No definition available. + Details
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- Details
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- Details
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- Details
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