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Asset Retirement Obligations (Tables)

3 Months Ended

Mar. 31, 2025

Asset Retirement Obligation Disclosure [Abstract]

Summary of Changes in Asset Retirement Obligations

The following table presents the changes in Devon’s asset retirement obligations.

		Three Months Ended March 31,
		2025				2024
Asset retirement obligations as of beginning of period		$	807			$	665
Liabilities incurred			11				8
Liabilities settled and divested			(8	)			(8	)
Revision and reclassification of estimated obligation			55				35
Accretion expense on discounted obligation			12				9
Asset retirement obligations as of end of period			877				709
Less current portion			42				26
Asset retirement obligations, long-term		$	835			$	683

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- References

No definition available.

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- Definition

Tabular disclosure of the carrying amount of a liability for asset retirement obligations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 410
-SubTopic 20
-Name Accounting Standards Codification
-Paragraph 1
-Section 50
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481850/410-20-50-1

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