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Property, Plant and Equipment
 12 Months Ended
Dec. 31, 2021
Extractive Industries [Abstract]  
Property, Plant and Equipment

13.Property, Plant and Equipment

 

Capitalized Costs

 

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

 

 

 

December 31, 2021

 

 

December 31, 2020

 

Property and equipment:

 

 

 

 

 

 

 

 

Proved

 

$

38,051

 

 

$

27,589

 

Unproved and properties under development

 

 

1,081

 

 

 

392

 

Total oil and gas

 

 

39,132

 

 

 

27,981

 

Less accumulated DD&A

 

 

(25,596

)

 

 

(23,545

)

Oil and gas property and equipment, net

 

 

13,536

 

 

 

4,436

 

Other property and equipment

 

 

2,139

 

 

 

1,737

 

Less accumulated DD&A

 

 

(667

)

 

 

(780

)

Other property and equipment, net (1)

 

 

1,472

 

 

 

957

 

Property and equipment, net

 

$

15,008

 

 

$

5,393

 

 

(1)

$111 million and $102 million related to CDM in 2021 and 2020, respectively.

 

Suspended Exploratory Well Costs

The following summarizes the changes in suspended exploratory well costs for the three years ended December 31, 2021.

 

 

Year Ended December 31,

 

 

 

2021

 

2020

 

 

2019

 

Beginning balance

 

$

18

 

$

82

 

 

$

98

 

Acquired WPX costs

 

 

34

 

 

—

 

 

 

—

 

Additions pending determination of proved reserves

 

 

206

 

 

148

 

 

 

278

 

Charges to exploration expense

 

 

(2

)

 

(3

)

 

 

—

 

Reclassifications to proved properties

 

 

(190

)

 

(209

)

 

 

(294

)

Ending balance

 

$

66

 

$

18

 

 

$

82

 

 

Devon had no projects with suspended exploratory well costs capitalized for a period greater than one year since the completion of drilling as of December 31, 2021, 2020 and 2019.