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Commitments and Contingencies (Tables) | 12 Months Ended
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Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract] |
Schedule of Commitments and Contingencies | The following table presents Devon’s commitments that have initial or remaining noncancelable terms in excess of one year as of December 31, 2024.
Year Ending December 31, |  | Drilling and Facility Obligations(1) |  |  | Operational Agreements(1) |  |  | Office and Equipment Leases and Other |
2025 |  | $ | 142 |  |  | $ | 594 |  |  | $ | 128 |
2026 |  |  | 19 |  |  |  | 534 |  |  |  | 159 |
2027 |  |  | 23 |  |  |  | 465 |  |  |  | 118 |
2028 |  |  | 36 |  |  |  | 451 |  |  |  | 105 |
2029 |  |  | 4 |  |  |  | 401 |  |  |  | 86 |
Thereafter |  |  | — |  |  |  | 1,289 |  |  |  | 432 |
Total |  | $ | 224 |  |  | $ | 3,734 |  |  | $ | 1,028 |
(1) Total costs incurred under take-or-pay and throughput obligations were approximately $800 million, $750 million and $650 million in 2024, 2023 and 2022, respectively.

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- Definition Tabular disclosure of contractual obligation by timing of payment due. Includes, but is not limited to, long-term debt obligation, lease obligation, and purchase obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 04 -Subparagraph (a) -Publisher SEC Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3 + Details
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