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Summary of Significant Accounting Policies (Tables) | 6 Months Ended
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Jun. 30, 2023
Accounting Policies [Abstract] |
Schedule of Components of Investment | The following table presents Devon's investments.
|  |  |  | Carrying Amount |
Investments |  | % Interest |  | June 30, 2023 |  |  | December 31, 2022 |
Catalyst |  | 50% |  | $ | 324 |  |  | $ | 339 |
Water JV |  | 30% |  |  | 212 |  |  |  | — |
Matterhorn |  | 12.5% |  |  | 90 |  |  |  | 54 |
Other |  | Various |  |  | 49 |  |  |  | 47 |
Total |  |  |  | $ | 675 |  |  | $ | 440 |
Schedule of Revenue from Contracts with Customers | The following table presents revenue from contracts with customers that are disaggregated based on the type of good or service.
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Oil |  | $ | 2,106 |  |  | $ | 2,970 |  |  | $ | 4,249 |  |  | $ | 5,376 |
Gas |  |  | 122 |  |  |  | 557 |  |  |  | 335 |  |  |  | 864 |
NGL |  |  | 265 |  |  |  | 573 |  |  |  | 588 |  |  |  | 1,035 |
Oil, gas and NGL sales |  |  | 2,493 |  |  |  | 4,100 |  |  |  | 5,172 |  |  |  | 7,275 |
Oil |  |  | 735 |  |  |  | 952 |  |  |  | 1,465 |  |  |  | 1,728 |
Gas |  |  | 123 |  |  |  | 322 |  |  |  | 275 |  |  |  | 531 |
NGL |  |  | 179 |  |  |  | 422 |  |  |  | 377 |  |  |  | 757 |
Marketing and midstream revenues |  |  | 1,037 |  |  |  | 1,696 |  |  |  | 2,117 |  |  |  | 3,016 |
Total revenues from contracts with customers |  | $ | 3,530 |  |  | $ | 5,796 |  |  | $ | 7,289 |  |  | $ | 10,291 |

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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + Details
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