-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 MXaLNmjdU9/GUQ0cnnY41MTlK8N8jZ9I0Ro0yHuRJgqyc8JecphOV7THsMv8FsXt
 M7YcK+Jz0PqRN7KLYll86g==

<SEC-DOCUMENT>0001020808-98-000014.txt : 19980821
<SEC-HEADER>0001020808-98-000014.hdr.sgml : 19980821
ACCESSION NUMBER:		0001020808-98-000014
CONFORMED SUBMISSION TYPE:	424B2
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19980820
SROS:			AMEX

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DEVON FINANCING TRUST
		CENTRAL INDEX KEY:			0001020808
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				736294711
		STATE OF INCORPORATION:			OK
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B2
		SEC ACT:		
		SEC FILE NUMBER:	333-00815-01
		FILM NUMBER:		98694751

	BUSINESS ADDRESS:	
		STREET 1:		20 N BROADWAY STE 1500
		CITY:			OKLAHOMA CITY
		STATE:			OK
		ZIP:			73102-8260
		BUSINESS PHONE:		4052353611

	MAIL ADDRESS:	
		STREET 1:		20 NORTH BROADWAY SUITE 1500
		CITY:			OKLAHOMA CITY
		STATE:			OK
		ZIP:			73102-8260
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B2
<SEQUENCE>1
<TEXT>

                Filed Pursuant to Rule 424(b)(2)
                Relating to Form S-3 Registration
                     Statement No. 333-00815
                                
                                
                      DEVON FINANCING TRUST
                                
                                
                      PROSPECTUS SUPPLEMENT
           TO THE PROSPECTUS DATED SEPTEMBER 11, 1996


          The Selling Holders selling Offered Securities pursuant
to  this Prospectus Supplement and certain information concerning
the sale of the Offered Securities are as follows:
<TABLE>
<CAPTION>
                                     Number of           
                      Securities      Offered        Name of
   Selling Holder        Held       Securities    Broker/Dealer
                                      Offered
                                                  
<S>                     <C>           <C>          <S>       
Schroders & Co. Inc.    10,000        10,000       Schroders &
                                                     Co. Inc.
                                                         
</TABLE>
[CAPTION]
                                                         

           The above-listed securities will be sold to purchasers
directly by the selling holder.  There are no special arrangement
or  agreement with any broker/dealers regarding the sale  of  the
Offered Securities.  The Selling Holders do not have, and  during
the  past  three  years have not had, any material  relationships
with Devon Energy Corporation or any of its affiliates.


           The Date of this Supplemental Prospectus is
                         August 17, 1998


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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