Devon Energy Oil And Gas Property Successful Effort Method Net increased by 0.8% to $23.91B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.1%, from $23.43B to $23.91B. Over 5 years (FY 2020 to FY 2025), Oil And Gas Property Successful Effort Method Net shows an upward trend with a 39.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Growth in this metric indicates successful capital investment in reserves, while a decline may suggest asset depreciation or divestitures.
The capitalized costs of oil and gas exploration and development activities that have resulted in the discovery of prove...
Directly comparable to other energy producers using the successful efforts accounting method.
non_current_assets_oil_and_gas_property_successful_effor_b4517a| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $13.73B | $13.61B | $13.54B | $13.57B | $13.59B | $16.26B | $16.57B | $16.93B | $17.32B | $17.56B | $17.83B | $18.03B | $18.22B | $23.16B | $23.20B | $23.43B | $23.43B | $23.59B | $23.73B | $23.91B |
| QoQ Change | — | -0.8% | -0.6% | +0.2% | +0.2% | +19.6% | +1.9% | +2.2% | +2.3% | +1.4% | +1.5% | +1.2% | +1.0% | +27.1% | +0.2% | +1.0% | -0.0% | +0.7% | +0.6% | +0.8% |
| YoY Change | — | — | — | — | -1.0% | +19.4% | +22.4% | +24.8% | +27.4% | +8.0% | +7.6% | +6.5% | +5.2% | +31.8% | +30.1% | +29.9% | +28.6% | +1.9% | +2.3% | +2.1% |