Resource Extraction Payment Report
The table below details payments made to governments by Devon for the fiscal year 2023 related to onshore exploration and production extracted through oil and natural gas wells.
(in millions) |
Royalties |
|
|
Taxes |
|
|
Lease Bonuses |
|
|
Fees |
|
|
Total |
|
|||||
United States (U.S.) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||
New Mexico |
$ |
634 |
|
|
$ |
— |
|
|
$ |
32 |
|
|
$ |
— |
|
|
$ |
666 |
|
North Dakota |
|
284 |
|
|
|
— |
|
|
|
— |
|
|
|
5 |
|
|
|
289 |
|
Wyoming |
|
42 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
42 |
|
Oklahoma |
|
13 |
|
|
|
— |
|
|
|
— |
|
|
|
2 |
|
|
|
15 |
|
Corporate entity-level |
|
— |
|
|
|
350 |
|
|
|
— |
|
|
|
— |
|
|
|
350 |
|
Total payments to U.S. Federal Government |
|
973 |
|
|
|
350 |
|
|
|
32 |
|
|
|
7 |
|
|
|
1,362 |
|
Canada |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||
Alberta |
|
8 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||
Total1 |
$ |
981 |
|
|
$ |
350 |
|
|
$ |
32 |
|
|
$ |
7 |
|
|
$ |
1,370 |
|
1 All amounts are shown in U.S. dollars; Alberta payments were made in Canadian dollars and converted to U.S. dollars using a weighted average of the applicable exchange rate during the period.