Property, Plant and Equipment

3 Months Ended

Mar. 31, 2024

Extractive Industries [Abstract]

Property, Plant and Equipment

Property, Plant and Equipment

The following table presents the aggregate capitalized costs related to Devon’s oil and gas and non-oil and gas activities.

	March 31, 2024			December 31, 2023
Property and equipment:
Proved	$	47,512		$	46,659
Unproved and properties under development		1,333			1,279
Total oil and gas		48,845			47,938
Less accumulated DD&A		(30,812	)		(30,113	)
Oil and gas property and equipment, net		18,033			17,825
Other property and equipment		2,353			2,289
Less accumulated DD&A		(802	)		(786	)
Other property and equipment, net (1)		1,551			1,503
Property and equipment, net	$	19,584		$	19,328

(1)$154 million and $136 million related to CDM in 2024 and 2023, respectively.