Asset Retirement Obligations (Tables)

3 Months Ended

Mar. 31, 2023

Asset Retirement Obligation Disclosure [Abstract]

Summary Of Changes In Asset Retirement Obligations

The following table presents the changes in Devon’s asset retirement obligations.

	Three Months Ended March 31,
	2023			2022
Asset retirement obligations as of beginning of period	$	529		$	485
Liabilities incurred		6			8
Liabilities settled and divested		(6	)		(3	)
Revision of estimated obligation		27			(35	)
Accretion expense on discounted obligation		7			7
Asset retirement obligations as of end of period		563			462
Less current portion		17			19
Asset retirement obligations, long-term	$	546		$	443