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Summary of Significant Accounting Policies (Tables) | 9 Months Ended
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Sep. 30, 2023
Accounting Policies [Abstract] |
Schedule of Components of Investment | The following table presents Devon's investments.
|  |  |  | Carrying Amount |
Investments |  | % Interest |  | September 30, 2023 |  |  | December 31, 2022 |
Catalyst |  | 50% |  | $ | 317 |  |  | $ | 339 |
Water JV |  | 30% |  |  | 214 |  |  |  | — |
Matterhorn |  | 12.5% |  |  | 90 |  |  |  | 54 |
Other |  | Various |  |  | 50 |  |  |  | 47 |
Total |  |  |  | $ | 671 |  |  | $ | 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 September 30, |  |  | Nine Months Ended September 30, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Oil |  | $ | 2,377 |  |  | $ | 2,515 |  |  | $ | 6,626 |  |  | $ | 7,891 |
Gas |  |  | 189 |  |  |  | 666 |  |  |  | 524 |  |  |  | 1,530 |
NGL |  |  | 316 |  |  |  | 487 |  |  |  | 904 |  |  |  | 1,522 |
Oil, gas and NGL sales |  |  | 2,882 |  |  |  | 3,668 |  |  |  | 8,054 |  |  |  | 10,943 |
Oil |  |  | 795 |  |  |  | 787 |  |  |  | 2,260 |  |  |  | 2,515 |
Gas |  |  | 153 |  |  |  | 387 |  |  |  | 428 |  |  |  | 918 |
NGL |  |  | 200 |  |  |  | 342 |  |  |  | 577 |  |  |  | 1,099 |
Marketing and midstream revenues |  |  | 1,148 |  |  |  | 1,516 |  |  |  | 3,265 |  |  |  | 4,532 |
Total revenues from contracts with customers |  | $ | 4,030 |  |  | $ | 5,184 |  |  | $ | 11,319 |  |  | $ | 15,475 |

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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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