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v3.25.2

Property, Plant and Equipment | 6 Months Ended
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Jun. 30, 2025
Extractive Industries [Abstract] |
Property, Plant and Equipment | 11. Property, Plan t and Equipment The following table presents the aggregate capitalized costs related to Devon’s oil and gas and non-oil and gas activities.
|  | June 30, 2025 |  |  | December 31, 2024 |
Property and equipment: |  |  |  |  |  |
Proved |  | $ | 55,745 |  |  | $ | 53,647 |
Unproved and properties under development |  |  | 2,733 |  |  |  | 2,814 |
Total oil and gas |  |  | 58,478 |  |  |  | 56,461 |
Less accumulated DD&A |  |  | (35,050 | ) |  |  | (33,263 | )
Oil and gas property and equipment, net |  |  | 23,428 |  |  |  | 23,198 |
Other property and equipment |  |  | 2,565 |  |  |  | 2,671 |
Less accumulated DD&A |  |  | (878 | ) |  |  | (858 | )
Other property and equipment, net (1) |  |  | 1,687 |  |  |  | 1,813 |
Property and equipment, net |  | $ | 25,115 |  |  | $ | 25,011 |
(1) $203 million and $178 million related to CDM in 2025 and 2024, respectively.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-7 + Details
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