DVN · 10-Q · 2026Q2 · Full report

Upstream Production Volume

DEVON ENERGY CORP/DE · 2026-08-05 · Importance 84 · Surprise 74 · In source text

Second-quarter 2026 production totaled 1,359 MBoe/d, including 503 MBbls/d of oil. Coterra legacy assets contributed approximately 488 MBoe/d in the second quarter, and Devon expects combined third-quarter production of approximately 1,660 to 1,690 MBoe/d from a full quarter of ownership. Six-month 2026 production averaged 1,097 MBoe/d, with Coterra legacy assets contributing approximately 245 MBoe/d during the period. Production-volume changes increased earnings by $1.2 billion in both the sequential second-quarter comparison and the year-over-year six-month comparison.

Key facts

• From Q1 2026 to Q2 2026, the change in volumes contributed to a $1.2 billion increase in earnings. source
• From the six months ended June 30, 2025 to the six months ended June 30, 2026, the change in volumes contributed to a $1.2 billion increase in earnings. source
• Production totaled 1,359 MBoe/d in the second quarter of 2026. source
• Oil production totaled 503 MBbls/d in the second quarter of 2026. source
• Volumes associated with Coterra legacy assets were approximately 488 MBoe/d in the second quarter of 2026. source
• Volumes associated with Coterra legacy assets were approximately 245 MBoe/d in the six months ended June 30, 2026. source

Impact estimates