XML 61 R49.htm IDEA: XBRL DOCUMENT
v3.24.3

Derivative Financial Instruments (Schedule Of Open Oil Derivative Positions) (Details) | 9 Months Ended
--- | ---
Sep. 30, 2024 $ / bbl bbl
Nymex West Texas Intermediate Price Collars Oil Q1-Q4 2025 [Member] |
Derivatives, Fair Value [Line Items] |
Volume Per Day (Bbls/d) | bbl | 26,992
Weighted Average Floor Price | 70
Weighted Average Ceiling Price | 76.58
Midland Sweet Q1-Q4 2026 [Member] |
Derivatives, Fair Value [Line Items] |
Volume Per Day (Bbls/d) | bbl | 18,000
Weighted Average Differential To WTI Price | 1.21
Midland Sweet Q1-Q4 2025 [Member] |
Derivatives, Fair Value [Line Items] |
Volume Per Day (Bbls/d) | bbl | 63,000
Weighted Average Differential To WTI Price | 1
Nymex West Texas Intermediate Price Collars Oil Q4 2024 [Member] |
Derivatives, Fair Value [Line Items] |
Volume Per Day (Bbls/d) | bbl | 98,000
Weighted Average Floor Price | 68.64
Weighted Average Ceiling Price | 83.73
Nymex West Texas Intermediate Price Swaps Oil Q1-Q4 2025 [Member] |
Derivatives, Fair Value [Line Items] |
Volume Per Day (Bbls/d) | bbl | 8,468
Weighted Average Price Swap | 71.9
Nymex West Texas Intermediate Price Swaps Oil Q4 2024 [Member] |
Derivatives, Fair Value [Line Items] |
Volume Per Day (Bbls/d) | bbl | 33,000
Weighted Average Price Swap | 78.38
Midland Sweet Q4 2024 [Member] |
Derivatives, Fair Value [Line Items] |
Volume Per Day (Bbls/d) | bbl | 69,500
Weighted Average Differential To WTI Price | 1.17
Nymex Roll Q4 2024 [Member] |
Derivatives, Fair Value [Line Items] |
Volume Per Day (Bbls/d) | bbl | 26,000
Weighted Average Differential To WTI Price | 0.82

X
- Definition Weighted Average Differential To West Texas Intermediate Price + References No definition available. + Details
Name: | dvn_WeightedAverageDifferentialToWtiPrice
Namespace Prefix: | dvn_
Data Type: | srt-types:perUnitItemType
Balance Type: | na
Period Type: | instant

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 volume used to calculate payments on a derivative instrument. + References No definition available. + Details
Name: | us-gaap_DerivativeNonmonetaryNotionalAmountVolume
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:volumeItemType
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_NymexWestTexasIntermediatePriceCollarsOilQ1Q42025Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=dvn_Midlandsweetq1Q42026Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=dvn_MidlandSweetQ1Q42025Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=dvn_NymexWestTexasIntermediatePriceCollarsOilQ42024Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=dvn_Nymexwesttexasintermediatepriceswapsoilq1Q42025Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=dvn_NymexWestTexasIntermediatePriceSwapsOilQ42024Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=dvn_MidlandSweetQ42024Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=dvn_NymexRollQ42024Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |