EX-99.1 2 dvn-ex99_1.htm EX-99.1 EX-99.1

Exhibit 99.1

 

Resource Extraction Payment Report

 

The table below details payments made to governments by Devon for the fiscal year 2023 related to onshore exploration and production extracted through oil and natural gas wells.

 

(in millions)

Royalties

 

 

Taxes

 

 

Lease Bonuses

 

 

Fees

 

 

Total

 

United States (U.S.)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 New Mexico

$

634

 

 

$

 

 

$

32

 

 

$

 

 

$

666

 

 North Dakota

 

284

 

 

 

 

 

 

 

 

 

5

 

 

 

289

 

 Wyoming

 

42

 

 

 

 

 

 

 

 

 

 

 

 

42

 

 Oklahoma

 

13

 

 

 

 

 

 

 

 

 

2

 

 

 

15

 

 Corporate entity-level

 

 

 

 

350

 

 

 

 

 

 

 

 

 

350

 

Total payments to U.S. Federal Government

 

973

 

 

 

350

 

 

 

32

 

 

 

7

 

 

 

1,362

 

Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Alberta

 

8

 

 

 

 

 

 

 

 

 

 

 

 

8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total1

$

981

 

 

$

350

 

 

$

32

 

 

$

7

 

 

$

1,370

 

 

1 All amounts are shown in U.S. dollars; Alberta payments were made in Canadian dollars and converted to U.S. dollars using a weighted average of the applicable exchange rate during the period.