Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2024

Accounting Policies [Abstract]

Schedule of Components of Investment

The following table presents Devon's investments.

		Carrying Amount
Investments	% Interest	March 31, 2024		December 31, 2023
Catalyst	50%	$	300	$	311
Water JV	30%		217		216
Matterhorn	12.5%		90		90
Fervo	12%		57		—
Other	Various		49		49
Total		$	713	$	666

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,
	2024		2023
Oil	$	2,189	$	2,143
Gas		128		213
NGL		312		323
Oil, gas and NGL sales		2,629		2,679
Oil		807		730
Gas		121		152
NGL		184		198
Marketing and midstream revenues		1,112		1,080
Total revenues from contracts with customers	$	3,741	$	3,759