XML 59 R46.htm IDEA: XBRL DOCUMENT v3.24.2.u1

Derivative Financial Instruments (Schedule Of Open Natural Gas Derivative Positions) (Details)	6 Months Ended
	Jun. 30, 2024 MMBTU $ / MMBTU $ / Customer
FercHenry Hub Price Swaps Natural Gas Q3 Q4 2024 [Member]
Derivatives, Fair Value [Line Items]
Volume Per Day (MMBtu/d) | MMBTU	279,000
Weighted Average Price Swap | $ / MMBTU	3.18
FercHenry Hub Prices Collars Natural Gas Q3 Q4 2024 [Member]
Derivatives, Fair Value [Line Items]
Volume Per Day (MMBtu/d) | MMBTU	15,000
Weighted Average Floor Price | $ / MMBTU	3
Weighted Average Ceiling Price | $ / MMBTU	3.65
FERC Henry Hub Price Swaps Natural Gas Q1-Q4 2025 [Member]
Derivatives, Fair Value [Line Items]
Volume Per Day (MMBtu/d) | MMBTU	200,537
Weighted Average Price Swap | $ / MMBTU	3.34
FERC Henry Hub Price Swaps Natural Gas Q1-Q4 2026 [Member]
Derivatives, Fair Value [Line Items]
Volume Per Day (MMBtu/d) | MMBTU	80,000
Weighted Average Price Swap | $ / MMBTU	3.9
FERC Henry Hub Price Collars Natural Gas Q1-Q4 2025 [Member]
Derivatives, Fair Value [Line Items]
Volume Per Day (MMBtu/d) | MMBTU	15,000
Weighted Average Floor Price | $ / Customer	3
Weighted Average Ceiling Price | $ / Customer	3.65
Elpaso Natural Gas Basis Swap Q3 Q4 2024 [Member]
Derivatives, Fair Value [Line Items]
Volume Per Day (MMBtu/d) | MMBTU	10,000
Weighted Average Differential To Henry Hub | $ / MMBTU	(1)
Houston Ship Channel Natural Gas Basis Swaps Q3 Q4 2024 [Member]
Derivatives, Fair Value [Line Items]
Volume Per Day (MMBtu/d) | MMBTU	160,000
Weighted Average Differential To Henry Hub | $ / MMBTU	(0.28)
Waha Natural Gas Basis Swaps Q3 Q4 2024 [Member]
Derivatives, Fair Value [Line Items]
Volume Per Day (MMBtu/d) | MMBTU	80,000
Weighted Average Differential To Henry Hub | $ / MMBTU	(0.74)
Houston Ship Channel Natural Gas Basis Swap Q1-Q4 2025 [Member]
Derivatives, Fair Value [Line Items]
Volume Per Day (MMBtu/d) | MMBTU	40,000
Weighted Average Differential To Henry Hub | $ / MMBTU	(0.35)
WAHA Natural Gas Basis Swaps Q1 Q4 2025 [Member]
Derivatives, Fair Value [Line Items]
Volume Per Day (MMBtu/d) | MMBTU	10,000
Weighted Average Differential To Henry Hub | $ / MMBTU	(0.63)
Houston Ship Channel Natural Gas Basis Swap Q1-Q4 2026 [Member]
Derivatives, Fair Value [Line Items]
Volume Per Day (MMBtu/d) | MMBTU	25,000
Weighted Average Differential To Henry Hub | $ / MMBTU	(0.25)

X

- Definition

Weighted average differential to Henry Hub.

+ References

No definition available.

+ Details

Name:	dvn_WeightedAverageDifferentialToHenryHub
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

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480237/815-40-50-5

+ Details

Name:	us-gaap_DerivativeLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Nominal energy measure used to calculate payments on a derivative instrument.

+ References

No definition available.

+ Details

Name:	us-gaap_DerivativeNonmonetaryNotionalAmountEnergyMeasure
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:energyItemType
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_FerchenryHubPriceSwapsNaturalGasQ3Q42024Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=dvn_FerchenryHubPricesCollarsNaturalGasQ3Q42024Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=dvn_FercHenryHubPriceSwapsNaturalGasQ1Q42025Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=dvn_FercHenryHubPriceSwapsNaturalGasQ1Q42026Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=dvn_FercHenryHubPriceCollarsNaturalGasQ1Q42025Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=dvn_ElpasoNaturalGasBasisSwapQ3Q42024Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=dvn_HoustonShipChannelNaturalGasBasisSwapsQ3Q42024Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=dvn_WahaNaturalGasBasisSwapsQ3Q42024Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=dvn_HoustonShipChannelNaturalGasBasisSwapQ1Q42025Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=dvn_Wahanaturalgasbasisswapsq1Q42025Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=dvn_HoustonShipChannelNaturalGasBasisSwapQ1Q42026Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: