XML 38 R47.htm IDEA: XBRL DOCUMENT
v3.3.0.814

Derivative Financial Instruments (Schedule Of Open Oil Derivative Positions) (Details) | 9 Months Ended
--- | ---
Sep. 30, 2015 $ / bbl bbl
NYMEX West Texas Intermediate Price Swaps Oil Q4 2015 [Member] |
Derivatives, Fair Value [Line Items] |
Volume Per Day (Bbls/d) | bbl | 107,000
Weighted Average Price Swap | 90.61
NYMEX West Texas Intermediate Price Collars Oil Q4 2015 [Member] |
Derivatives, Fair Value [Line Items] |
Volume Per Day (Bbls/d) | bbl | 44,000
Weighted Average Floor Price | 81.36
Weighted Average Ceiling Price | 88.63
NYMEX West Texas Intermediate Call Options Sold Oil Q4 2015 [Member] |
Derivatives, Fair Value [Line Items] |
Volume Per Day (Bbls/d) | bbl | 28,000
Weighted Average Call Option Sold Price | 116.43
NYMEX West Texas Intermediate Price Swaps Oil Q1-Q4 2016 [Member] |
Derivatives, Fair Value [Line Items] |
Volume Per Day (Bbls/d) | bbl |
Weighted Average Price Swap |
NYMEX West Texas Intermediate Price Collars Oil Q1-Q4 2016 [Member] |
Derivatives, Fair Value [Line Items] |
Volume Per Day (Bbls/d) | bbl |
Weighted Average Floor Price |
Weighted Average Ceiling Price |
NYMEX West Texas Intermediate Call Options Sold Oil Q1-Q4 2016 [Member] |
Derivatives, Fair Value [Line Items] |
Volume Per Day (Bbls/d) | bbl | 18,500
Weighted Average Call Option Sold Price | 89.05
Western Canadian Select Basis Swaps Oil Q4 2015 [Member] |
Derivatives, Fair Value [Line Items] |
Volume Per Day (Bbls/d) | bbl | 40,000
Weighted Average Differential To WTI | (15.58)
West Texas Sour Basis Swaps Oil Q4 2015 [Member] |
Derivatives, Fair Value [Line Items] |
Volume Per Day (Bbls/d) | bbl | 8,000
Weighted Average Differential To WTI | (3.68)
Midland Sweet Basis Swaps Oil Q4 2015 [Member] |
Derivatives, Fair Value [Line Items] |
Volume Per Day (Bbls/d) | bbl | 16,000
Weighted Average Differential To WTI | (2.86)
West Texas Sour Basis Swaps Oil Q1-Q4 2016 [Member] |
Derivatives, Fair Value [Line Items] |
Volume Per Day (Bbls/d) | bbl | 5,000
Weighted Average Differential To WTI | (0.53)
Midland Sweet Basis Swaps Oil Q1-Q4 2016 [Member] |
Derivatives, Fair Value [Line Items] |
Volume Per Day (Bbls/d) | bbl | 13,000
Weighted Average Differential To WTI | 0.25

X
- Definition Weighted Average Differential to W T I + References No definition available. + Details
Name: | dvn_WeightedAverageDifferentialToWTI
Namespace Prefix: | dvn_
Data Type: | us-types:perUnitItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_DerivativeAverageCapPrice
Namespace Prefix: | us-gaap_
Data Type: | us-types:perUnitItemType
Balance Type: | na
Period Type: | instant

X
- 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
Name: | us-gaap_DerivativeAverageFloorPrice
Namespace Prefix: | us-gaap_
Data Type: | us-types:perUnitItemType
Balance Type: | na
Period Type: | instant

X
- 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
Name: | us-gaap_DerivativeAveragePriceRiskOptionStrikePrice
Namespace Prefix: | us-gaap_
Data Type: | us-types:perUnitItemType
Balance Type: | na
Period Type: | instant

X
- Definition Nominal volume used to calculate payments on a derivative instrument. + References No definition available. + Details
Name: | us-gaap_DerivativeNonmonetaryNotionalAmountVolume
Namespace Prefix: | us-gaap_
Data Type: | num:volumeItemType
Balance Type: | na
Period Type: | duration

X
- Definition Average fixed price related to the group of price risk swap derivatives. + References No definition available. + Details
Name: | us-gaap_DerivativeSwapTypeAverageFixedPrice
Namespace Prefix: | us-gaap_
Data Type: | us-types:perUnitItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DerivativesFairValueLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=dvn_NymexWestTexasIntermediatePriceSwapsOilQuarterFour2015Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=dvn_NymexWestTexasIntermediatePriceCollarsOilQuarterFour2015Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=dvn_NymexWestTexasIntermediateCallOptionsSoldOilQuarterFour2015Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=dvn_NymexWestTexasIntermediatePriceSwapsOil2016Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=dvn_NymexWestTexasIntermediatePriceCollarsOil2016Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=dvn_NymexWestTexasIntermediateCallOptionsSoldOil2016Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=dvn_WesternCanadianSelectBasisSwapsOilQuarterFour2015Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=dvn_WestTexasSourBasisSwapsOilQuarterFour2015Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=dvn_MidlandSweetBasisSwapsOilQuarterFour2015Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=dvn_WestTexasSourBasisSwapsOilQ1Q42016Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=dvn_MidlandSweetBasisSwapsOilQuarterOneThroughQuarterFour2016Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |