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Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2024

Accounting Policies [Abstract]

Schedule of Components of Investment

The following table presents Devon's investments.


				Carrying Amount
Investments		% Interest		September 30, 2024				December 31, 2023
Catalyst		50%		$	282			$	311
Water JV		30%			216				216
Matterhorn		12.5%			90				90
Fervo		14%			77				—
Other		Various			53				49
Total				$	718			$	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 September 30,								Nine Months Ended September 30,
		2024				2023				2024				2023
Oil		$	2,273			$	2,377			$	6,875			$	6,626
Gas			49				189				234				524
NGL			343				316				981				904
Oil, gas and NGL sales			2,665				2,882				8,090				8,054

Oil			815				795				2,423				2,260
Gas			105				153				326				428
NGL			212				200				593				577
Marketing and midstream revenues			1,132				1,148				3,342				3,265
Total revenues from contracts with customers		$	3,797			$	4,030			$	11,432			$	11,319