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Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2025

Accounting Policies [Abstract]

Schedule of Components of Investment

The following table presents Devon's investments shown on the consolidated balance sheets.


				Carrying Amount
Investments		% Interest		March 31, 2025				December 31, 2024
Catalyst		50%		$	266			$	273
Water JV		30%			218				216
Fervo		17%			113				115
Matterhorn		12.5%			69				69
Other		Various			47				54
Total				$	713			$	727

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 March 31,
		2025				2024
Oil		$	2,414			$	2,189
Gas			309				128
NGL			403				312
Oil, gas and NGL sales			3,126				2,629

Oil			918				807
Gas			272				121
NGL			234				184
Marketing and midstream revenues			1,424				1,112
Total revenues from contracts with customers		$	4,550			$	3,741