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Devon Energy DVN Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities
Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities 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:CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities.
The source filing: Devon Energy’s 10-K, filed February 18, 2026.
- Filed
- Feb 18, 2026, 12:01 PM EST
- Fiscal year
- FY2025
- Accession
- 0001193125-26-056485
| Line item | Year Ended December 31, 2025 | Year Ended December 31, 2024 | Year Ended December 31, 2023 |
|---|---|---|---|
| Property acquisition costs: | |||
| Proved properties | $138 | $3,058 | $2 |
| Unproved properties | 224 | 1,949 | 63 |
| Exploration costs | 581 | 690 | 534 |
| Development costs | 3,057 | 2,856 | 3,160 |
| Costs incurred | $4,000 | $8,553 | $3,759 |
Item 8. Financial Statements and Supplementary Data
FAQ
- What is Devon Energy's costs incurred oil and gas property acquisition exploration and development activities?
- Devon Energy (DVN) reported costs incurred oil and gas property acquisition exploration and development activities of $1B in Q4 2025.
- How has Devon Energy's costs incurred oil and gas property acquisition exploration and development activities changed year-over-year?
- Devon Energy's costs incurred oil and gas property acquisition exploration and development activities decreased by 53.2% year-over-year, from $2.14B to $1B.
- What is the long-term trend for Devon Energy's costs incurred oil and gas property acquisition exploration and development activities?
- Over 4 years (2021 to 2025), Devon Energy's costs incurred oil and gas property acquisition exploration and development activities has grown at a -22.8% compound annual growth rate (CAGR), from $11.25B to $4B.
- What does costs incurred oil and gas property acquisition exploration and development activities mean?
- The aggregate investment made in acquiring, exploring, and developing oil and gas properties. This captures the total capital footprint of the company's upstream activities during the period. It provides a comprehensive view of the company's reinvestment rate into its asset base.
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