XML 61 R45.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Acquisition and Divestitures (Narrative) (Details) $ in Millions |  | 1 Months Ended | 3 Months Ended | 9 Months Ended |
--- | --- | --- | --- | --- | ---
Jan. 07, 2021 | Sep. 30, 2022 USD ($) | Jul. 31, 2022 USD ($) MMBoe | Mar. 31, 2022 USD ($) MMBoe | Mar. 31, 2021 USD ($) | Sep. 30, 2022 USD ($) $ / bbl $ / MMBTU | Dec. 31, 2021 USD ($)
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations And Disposition [Line Items] |  |  |  |  |  |  |
Common Stock Shares Issued |  | $ 65 |  |  |  | $ 65 | $ 66
Eagle Ford [Member] |  |  |  |  |  |  |
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations And Disposition [Line Items] |  |  |  |  |  |  |
Total estimated proved reserves | MMBoe |  |  | 88 |  |  |  |
Williston Basin |  |  |  |  |  |  |
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations And Disposition [Line Items] |  |  |  |  |  |  |
Total estimated proved reserves | MMBoe |  |  | 66 |  |  |  |
Barnett Shale [Member] |  |  |  |  |  |  |
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations And Disposition [Line Items] |  |  |  |  |  |  |
Contingent earnout payments |  |  |  | $ 65 |  |  |
Additional contingent earnout payment |  |  |  |  |  | $ 195 |
Henry Hub gas price for contingent earnout payment upside | $ / MMBTU |  |  |  |  |  | 2.75 |
WTI oil price for contingent earnout payment upside | $ / bbl |  |  |  |  |  | 50 |
Contingent earnout payment period |  |  |  |  |  | The contingent payment period commenced on January 1, 2021 and has a term of four years. |
Barnett Shale [Member] | Other Current Assets [Member] |  |  |  |  |  |  |
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations And Disposition [Line Items] |  |  |  |  |  |  |
Contingent earnout payments |  |  |  |  |  | $ 65 |
Barnett Shale [Member] | Other Noncurrent Assets [Member] |  |  |  |  |  |  |
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations And Disposition [Line Items] |  |  |  |  |  |  |
Contingent earnout payments |  |  |  |  |  | 60 |
Eagle Ford Acquisition [Member] |  |  |  |  |  |  |
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations And Disposition [Line Items] |  |  |  |  |  |  |
Cash consideration |  | 1,700 |  |  |  |  |
Williston Acquisition [Member] |  |  |  |  |  |  |
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations And Disposition [Line Items] |  |  |  |  |  |  |
Cash consideration |  |  | $ 830 |  |  |  |
Non Core Assets [Member] |  |  |  |  |  |  |
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations And Disposition [Line Items] |  |  |  |  |  |  |
Divestitures of property and equipment |  |  |  |  | $ 9 |  |
Gain on asset dispositions |  |  |  |  | $ 35 |  |
Contingent earnout payments |  |  |  | $ 4 |  |  |
Change in contingent earnout payments |  |  |  |  |  | $ 4 |
Total estimated proved reserves | MMBoe |  |  |  | 3 |  |  |
Devon and WPX Agreement [Member] |  |  |  |  |  |  |
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations And Disposition [Line Items] |  |  |  |  |  |  |
Date of agreement | Jan. 07, 2021 |  |  |  |  | Jan. 07, 2021 |
Conversion of common stock into right to recieve per share | 0.5165 |  |  |  |  |  |
Common Stock Shares Issued |  | $ 5,400 |  |  |  | $ 5,400 |

X
- Definition Additional Contingent Proceeds From Sale Of Oil And Gas Property And Equipment. + References No definition available. + Details
Name: | dvn_AdditionalContingentProceedsFromSaleOfOilAndGasPropertyAndEquipment
Namespace Prefix: | dvn_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Business combination consideration transferred exchange ratio. + References No definition available. + Details
Name: | dvn_BusinessCombinationConsiderationTransferredExchangeRatio
Namespace Prefix: | dvn_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | duration

X
- Definition Contingent earnout payment period. + References No definition available. + Details
Name: | dvn_ContingentEarnoutPaymentPeriod
Namespace Prefix: | dvn_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The potential cash inflow to dispose of long-lived, physical assets and mineral interests in oil and gas properties used for normal oil and gas operations. + References No definition available. + Details
Name: | dvn_ContingentProceedsFromSaleOfOilAndGasPropertyAndEquipment
Namespace Prefix: | dvn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Henry Hub gas price for contingent earnout payment upside. + References No definition available. + Details
Name: | dvn_GasPriceForContingentEarnoutPaymentUpside
Namespace Prefix: | dvn_
Data Type: | srt-types:perUnitItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line item represent income statement balance sheet and additional disclosures by disposal groups including discontinued operations and disposition. + References No definition available. + Details
Name: | dvn_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAndDispositionLineItems
Namespace Prefix: | dvn_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Increase Decrease In Contingent Earnout Payments + References No definition available. + Details
Name: | dvn_IncreaseDecreaseInContingentEarnoutPayments
Namespace Prefix: | dvn_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition WTI oil price for contingent earnout payment upside. + References No definition available. + Details
Name: | dvn_OilPriceForContingentEarnoutPaymentUpside
Namespace Prefix: | dvn_
Data Type: | srt-types:perUnitItemType
Balance Type: | na
Period Type: | duration

X
- Definition Energy measure of decrease in quantity of proved reserve of oil and gas resulting from sale of mineral in place, stated in a unit of energy. For example, but not limited to, barrel of oil equivalents (BOE) or one thousand cubic feet of natural gas equivalent (Mcfe). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher SEC -Name Form 20-F -Section Item 18 -Subsection Instruction 2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 235 -Section 50 -Paragraph 5 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126939881&loc=d3e61831-109447 + Details
Name: | srt_ProvedDevelopedAndUndevelopedReservesSaleOfMineralInPlaceEnergy
Namespace Prefix: | srt_
Data Type: | dtr-types:energyItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of consideration transferred in asset acquisition. Includes, but is not limited to, cash, liability incurred by acquirer, and equity interest issued by acquirer. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 50 -Section 30 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=126928898&loc=d3e9215-128498 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 50 -Section 55 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=6829253&loc=SL6831962-166255 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 50 -Section 25 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=127000608&loc=d3e9135-128495 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 50 -Section 30 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=126928898&loc=d3e9212-128498 + Details
Name: | us-gaap_AssetAcquisitionConsiderationTransferred
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Date when the business acquisition agreement was executed, in YYYY-MM-DD format. + References No definition available. + Details
Name: | us-gaap_BusinessAcquisitionDateOfAcquisitionAgreement1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:dateItemType
Balance Type: | na
Period Type: | duration

X
- Definition Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 852 -SubTopic 10 -Section 55 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=84165509&loc=d3e56426-112766 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_CommonStockValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount before tax of gain (loss) not previously recognized resulting from the disposal of a discontinued operation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109222160&loc=d3e957-107759 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3B -URI https://asc.fasb.org/extlink&oid=109222160&loc=SL51721525-107759 + Details
Name: | us-gaap_DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash inflow to dispose of long-lived, physical assets and mineral interests in oil and gas properties used for normal oil and gas operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 12 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3179-108585 + Details
Name: | us-gaap_ProceedsFromSaleOfOilAndGasPropertyAndEquipment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | srt_StatementGeographicalAxis=dvn_EagleFordMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=dvn_WillistonBasinMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dvn_BusinessAcquisitionAndDisposalAxis=dvn_BarnettShaleMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BalanceSheetLocationAxis=us-gaap_OtherCurrentAssetsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BalanceSheetLocationAxis=us-gaap_OtherNoncurrentAssetsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dvn_BusinessAcquisitionAndDisposalAxis=dvn_EagleFordAcquisitionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dvn_BusinessAcquisitionAndDisposalAxis=dvn_WillistonAcquisitionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_PropertyPlantAndEquipmentByTypeAxis=dvn_NonCoreAssetsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=dvn_DevonAndWPXAgreementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |