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Devon Energy DVN Asset Retirement Obligation Revision Of Estimate
Asset Retirement Obligation Revision Of Estimate at other companies
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Where this comes from
Reported directly by Devon Energy in its filing.
Tagged under the XBRL concept us-gaap:AssetRetirementObligationRevisionOfEstimate.
The source filing: Devon Energy’s 10-Q, filed May 6, 2026.
- Filed
- May 6, 2026, 12:00 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001193125-26-208143
| Line item | Three Months Ended March 31, 2026 | Three Months Ended March 31, 2025 |
|---|---|---|
| Asset retirement obligations as of beginning of period | $906 | $807 |
| Liabilities incurred | 11 | 11 |
| Liabilities settled and divested | (11) | (8) |
| Revision and reclassification of estimated obligation | 107 | 55 |
| Accretion expense on discounted obligation | 14 | 12 |
| Asset retirement obligations as of end of period | 1,027 | 877 |
| Less current portion | 41 | 42 |
| Asset retirement obligations, long-term | $986 | $835 |
Item 1. Financial Statements
FAQ
- What is Devon Energy's asset retirement obligation revision of estimate?
- Devon Energy (DVN) reported asset retirement obligation revision of estimate of $107M in Q1 2026.
- How has Devon Energy's asset retirement obligation revision of estimate changed year-over-year?
- Devon Energy's asset retirement obligation revision of estimate increased by 94.5% year-over-year, from $55M to $107M.
- What does asset retirement obligation revision of estimate mean?
- Captures adjustments to the estimated future costs of asset retirement obligations due to changes in cost projections, regulatory requirements, or technological advancements. These revisions reflect the evolving nature of long-term environmental and decommissioning liabilities.
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