XML 63 R47.htm IDEA: XBRL DOCUMENT v3.22.2.2

Derivative Financial Instruments (Schedule Of Open Oil Derivative Positions) (Details)	9 Months Ended
	Sep. 30, 2022 $ / bbl bbl
NYMEX West Texas Intermediate Price Swaps Oil Q4 2022 [Member]
Derivatives, Fair Value [Line Items]
Volume Per Day (Bbls/d) | bbl	35,000
Weighted Average Price Swap	44.61
NYMEX West Texas Intermediate Price Collars Oil Q4 2022 [Member]
Derivatives, Fair Value [Line Items]
Volume Per Day (Bbls/d) | bbl	46,500
Weighted Average Floor Price	63.47
Weighted Average Ceiling Price	90.61
NYMEX West Texas Intermediate Price Collars Oil Q1-Q4 2023 [Member]
Derivatives, Fair Value [Line Items]
Volume Per Day (Bbls/d) | bbl	69,947
Weighted Average Floor Price	69.23
Weighted Average Ceiling Price	96.09
Brent Basis Swaps Oil Q4 2022 [Member]
Derivatives, Fair Value [Line Items]
Volume Per Day (Bbls/d) | bbl	1,000
Oil Basis Swaps	(7.75)
NYMEX Roll Basis Swaps Oil Q4 2022 [Member]
Derivatives, Fair Value [Line Items]
Volume Per Day (Bbls/d) | bbl	29,000
Oil Basis Swaps	0.45
Midland Sweet Q1 Q4 2023 [Member]
Derivatives, Fair Value [Line Items]
Volume Per Day (Bbls/d) | bbl	12,296
Oil Basis Swaps	0.52

X

- Definition

Weighted average differential to W T I.

+ References

No definition available.

+ Details

Name:	dvn_WeightedAverageDifferentialToWTI
Namespace Prefix:	dvn_
Data Type:	srt-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:	srt-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:	srt-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_DerivativeLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

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:	dtr-types: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:	srt-types:perUnitItemType
Balance Type:	na
Period Type:	instant

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=dvn_NymexWestTexasIntermediatePriceSwapsOilQ42022Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=dvn_NymexWestTexasIntermediatePriceCollarsOilQ42022Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=dvn_NymexWestTexasIntermediatePriceCollarsOilQ1Q42023Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=dvn_BrentBasisSwapsOilQ42022Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=dvn_NymexRollBasisSwapsOilQ42022Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=dvn_MidlandSweetQ1Q42023Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: