XML 82 R60.htm IDEA: XBRL DOCUMENT v3.25.0.1

Derivative Financial Instruments (Schedule of Open Oil Derivative Positions) (Details)	12 Months Ended
	Dec. 31, 2024 $ / bbl bbl
Nymex West Texas Intermediate Price Collars Oil Q1 Q4 2025 [Member]
Derivative [Line Items]
Volume Per Day (Bbls/d) | bbl	83,025
Weighted Average Floor Price	66.77
Weighted Average Ceiling Price	74.87
Nymex West Texas Intermediate Price Swaps Oil Q4 2025 [Member]
Derivative [Line Items]
Volume Per Day (Bbls/d) | bbl	12,468
Weighted Average Price Swap	71.86
NYMEX West Texas Intermediate Three Way Price Collars Oil Q1 Q4 2025 [Member]
Derivative [Line Items]
Volume Per Day (Bbls/d) | bbl	8,000
Weighted Average Ceiling Price	77.11
Weighted Average Floor Sold Price	51.25
Weighted Average Floor Purchased Price	65
Midland Sweet Q1-Q4 2025 [Member]
Derivative [Line Items]
Volume Per Day (Bbls/d) | bbl	63,000
Weighted Average Differential To WTI	1
Midland Sweet Q1 Q4 2026 Member
Derivative [Line Items]
Volume Per Day (Bbls/d) | bbl	20,000
Weighted Average Differential To WTI	1.2

X

- Definition

Weighted average differential to W T I.

+ References

No definition available.

+ Details

Name:	dvn_WeightedAverageDifferentialToWTI
Namespace Prefix:	dvn_
Data Type:	srt-types:perUnitItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Weighted Average Floor Purchased Price

+ References

No definition available.

+ Details

Name:	dvn_WeightedAverageFloorPurchasedPrice
Namespace Prefix:	dvn_
Data Type:	srt-types:perUnitItemType
Balance Type:	na
Period Type:	instant

X

- Definition

Weighted Average Floor Sold Price

+ References

No definition available.

+ Details

Name:	dvn_WeightedAverageFloorSoldPrice
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_Nymexwesttexasintermediatepriceswapsoilq42025Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=dvn_NYMEXWestTexasIntermediateThreeWayPriceCollarsOilQ1Q42025Member
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_Midlandsweetq1Q42026Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: