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Property, Plant and Equipment
6 Months Ended
Jun. 30, 2023
Extractive Industries [Abstract]  
Property, Plant and Equipment Property, Plant and Equipment

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

 

 

 

June 30, 2023

 

 

December 31, 2022

 

Property and equipment:

 

 

 

 

 

 

Proved

 

$

44,711

 

 

$

42,734

 

Unproved and properties under development

 

 

1,528

 

 

 

1,548

 

Total oil and gas

 

 

46,239

 

 

 

44,282

 

Less accumulated DD&A

 

 

(28,922

)

 

 

(27,715

)

Oil and gas property and equipment, net

 

 

17,317

 

 

 

16,567

 

Other property and equipment

 

 

2,204

 

 

 

2,280

 

Less accumulated DD&A

 

 

(758

)

 

 

(741

)

Other property and equipment, net (1)

 

 

1,446

 

 

 

1,539

 

Property and equipment, net

 

$

18,763

 

 

$

18,106

 

 

(1)
$117 million and $109 million related to CDM in 2023 and 2022, respectively.