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Asset Retirement Obligations (Tables)

9 Months Ended

Sep. 30, 2022

Asset Retirement Obligation Disclosure [Abstract]

Summary Of Changes In Asset Retirement Obligations

The following table presents the changes in Devon’s asset retirement obligations.

		Nine Months Ended September 30,
		2022				2021
Asset retirement obligations as of beginning of period		$	485			$	369
Liabilities incurred and assumed through acquisitions			62				126
Liabilities settled and divested			(13	)			(52	)
Revision of estimated obligation			(35	)			11
Accretion expense on discounted obligation			18				21
Asset retirement obligations as of end of period			517				475
Less current portion			19				13
Asset retirement obligations, long-term		$	498			$	462

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- References

No definition available.

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- Definition

Tabular disclosure of the carrying amount of a liability for asset retirement obligations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 410
-SubTopic 20
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6392692&loc=d3e7535-110849

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