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Property, Plant and Equipment (Tables)
12 Months Ended
Dec. 31, 2020
Extractive Industries [Abstract]  
Table of Property and Equipment, net

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

 

 

 

December 31, 2020

 

 

December 31, 2019

 

Property and equipment:

 

 

 

 

 

 

 

 

Proved

 

$

27,589

 

 

$

27,668

 

Unproved and properties under development

 

 

392

 

 

 

583

 

Total oil and gas

 

 

27,981

 

 

 

28,251

 

Less accumulated DD&A

 

 

(23,545

)

 

 

(20,693

)

Oil and gas property and equipment, net

 

 

4,436

 

 

 

7,558

 

Other property and equipment

 

 

1,737

 

 

 

1,725

 

Less accumulated DD&A

 

 

(780

)

 

 

(690

)

Other property and equipment, net (1)

 

 

957

 

 

 

1,035

 

Property and equipment, net

 

$

5,393

 

 

$

8,593

 

(1)

$102 million and $80 million related to CDM in 2020 and 2019, respectively.

Summary of Changes in Suspended Exploratory Well Costs

The following summarizes the changes in suspended exploratory well costs for the three years ended December 31, 2020.

 

 

Year Ended December 31,

 

 

2020

 

2019

 

 

2018

 

 

Beginning balance

 

$

82

 

$

98

 

 

$

100

 

 

Additions pending determination of proved reserves

 

 

148

 

 

278

 

 

 

658

 

 

Charges to exploration expense

 

 

(3

)

 

 

 

 

 

 

Reclassifications to proved properties

 

 

(209

)

 

(294

)

 

 

(660

)

 

Ending balance

 

$

18

 

$

82

 

 

$

98