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Asset Retirement Obligations (Tables)
3 Months Ended
Mar. 31, 2020
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,

 

 

 

2020

 

 

2019

 

Asset retirement obligations as of beginning of period

 

$

398

 

 

$

484

 

Liabilities incurred

 

 

6

 

 

 

4

 

Liabilities settled and divested

 

 

(13

)

 

 

(33

)

Revision of estimated obligation

 

 

4

 

 

 

(62

)

Accretion expense on discounted obligation

 

 

5

 

 

 

6

 

Asset retirement obligations as of end of period

 

 

400

 

 

 

399

 

Less current portion

 

 

14

 

 

 

15

 

Asset retirement obligations, long-term

 

$

386

 

 

$

384