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Asset Retirement Obligations (Tables)

9 Months Ended

Sep. 30, 2023

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,
		2023				2022
Asset retirement obligations as of beginning of period		$	529			$	485
Liabilities incurred			104				62
Liabilities settled and divested			(24	)			(13	)
Revision of estimated obligation			27				(35	)
Accretion expense on discounted obligation			21				18
Asset retirement obligations as of end of period			657				517
Less current portion			16				19
Asset retirement obligations, long-term		$	641			$	498

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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
-Topic 410
-SubTopic 20
-Name Accounting Standards Codification
-Paragraph 1
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481850/410-20-50-1

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