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Property, Plant and Equipment

6 Months Ended

Jun. 30, 2019

Extractive Industries [Abstract]

Property, Plant and Equipment

12.Property, Plant and Equipment

The following table presents the aggregate capitalized costs related to Devon’s oil and gas and non-oil and gas activities.

		June 30, 2019				December 31, 2018
Property and equipment:
Proved		$	41,155			$	40,378
Unproved and properties under development			770				833
Total oil and gas			41,925				41,211
Less accumulated DD&A			(32,938	)			(32,229	)
Oil and gas property and equipment, net			8,987				8,982
Other property and equipment			1,735				1,707
Less accumulated DD&A			(685	)			(663	)
Other property and equipment, net			1,050				1,044
Property and equipment, net		$	10,037			$	10,026

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- References

No definition available.

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- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-URI http://asc.fasb.org/topic&trid=2155823

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