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Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2024

Accounting Policies [Abstract]

Schedule of Components of Investment

The following table presents Devon's investments.


				Carrying Amount
Investments		% Interest		June 30, 2024				December 31, 2023
Catalyst		50%		$	291			$	311
Water JV		30%			218				216
Matterhorn		12.5%			90				90
Fervo		12%			56				—
Other		Various			49				49
Total				$	704			$	666

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,
		2024				2023				2024				2023
Oil		$	2,413			$	2,106			$	4,602			$	4,249
Gas			57				122				185				335
NGL			326				265				638				588
Oil, gas and NGL sales			2,796				2,493				5,425				5,172

Oil			801				735				1,608				1,465
Gas			100				123				221				275
NGL			197				179				381				377
Marketing and midstream revenues			1,098				1,037				2,210				2,117
Total revenues from contracts with customers		$	3,894			$	3,530			$	7,635			$	7,289