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Environment Performance Metrics1
2021 2022 2023
Direct GHG Emissions (Scope 1) (million tonnes CO2e)2 Checkmark with solid fill3.95 Checkmark with solid fill Checkmark with solid fill4.59 Checkmark with solid fill4.37
   By Constituent
      Carbon Dioxide (million tonnes CO2e) 3.44 Checkmark with solid fill4.07 Checkmark with solid fill3.87
      Methane (million tonnes CO2e) 0.51 Checkmark with solid fill0.52 Checkmark with solid fill0.50
      Nitrous Oxide (million tonnes CO2e) 0.002 Checkmark with solid fill0.002 Checkmark with solid fill0.003
   By Source
      Flaring/Venting (million tonnes CO2e) 2.32 1.88 1.41
      Combustion (million tonnes CO2e) 1.60 2.69 2.94
      Other (million tonnes CO2e) 0.03 0.02 0.03
Indirect GHG Emissions from Electricity Use (Scope 2 location-based) (million tonnes CO2e)3 Checkmark with solid fill0.34 Checkmark with solid fill Checkmark with solid fill0.39 Checkmark with solid fill0.37
Direct and Indirect GHG Emissions (Scope 1 and Scope 2 location-based) (million tonnes CO2e)2,3 4.29 Checkmark with solid fill4.98 Checkmark with solid fill4.74
Scope 1 and 2 GHG emissions and methane emissions increased in 2022 compared to 2021, primarily driven by the acquisition of RimRock and Validus, as well as an uptick in combustion-related emissions.
Direct GHG Emissions Intensity (Scope 1) (tCO2e/MBoe)2 14.22 Checkmark with solid fill15.29 Checkmark with solid fill14.27
Direct and Indirect GHG Emissions Intensity (Scope 1 and Scope 2 location-based) (tCO2e/MBoe)2 15.44 Checkmark with solid fill16.58 Checkmark with solid fill15.48
Indirect GHG Emissions from Use of Sold Products (Scope 3, Category 11) (million tonnes CO2e)4 84 90 97
We report indirect emissions from the use of sold products on an equity basis from sources not owned or controlled by Devon; however, it is important to note that Scope 3 emissions estimates are subject to uncertainty, inconsistency and duplication as further described in the Air Emissions section of this report.
Methane Emissions Intensity (Scope 1) (tCO2e/MBoe)2 1.84 Checkmark with solid fill1.72 Checkmark with solid fill1.62
Methane Emissions Intensity - Production Segment (Scope 1) (% of natural gas produced)5 0.20% 0.19% 0.17%
Flared Volume (Bcf) 6.4 3.7 3.2
Flaring Intensity (% of natural gas produced)6 0.93% Checkmark with solid fill0.49% Checkmark with solid fill0.40%
Energy Used - Fuel and Electricity Use (trillion BTU)3 27.18 43.03 46.04
Other Air Emissions - Newly Reported in 2023
      Sulfur Oxides (thousand tonnes) --- --- 0.13
      Nitrogen Oxides (thousand tonnes) --- --- 24.44
      Volatile Organic Compounds (thousand tonnes) --- --- 21.90
Water Usage (million Bbl)7 116 126 150
   Recycled (million Bbl) 61 72 83
   Sourced (million Bbl) 54 54 67
        Fresh (million Bbl) - Newly Reported in 2022 --- 9 7
Water Usage Intensity (Bbl/Boe produced)7 0.42 0.45 0.49
Water Usage Intensity (million Bbl/well completion)7 0.31 0.32 0.26
Water Recycle Rate (recycled water Bbl/water usage Bbl)7 53% 57% 55%
Devon's total water use for completions activities varies with activity levels, targeted formations and lateral lengths, and includes fresh, non-fresh and recycled water volumes. We seek alternatives to freshwater supplies, where possible.
Reportable Spill Events Released to the Environment (events) 280 413 330
Reportable Spill Volumes Released to the Environment (barrels) 5,705 10,858 6,262
1 The environment metrics have been calculated using the best available data at the time of publication. Historical metrics are subject to change as we continuously seek to improve our data management practices, data sources and calculation methodologies in order to provide the highest level of transparency, consistency and accuracy. We report environment metrics on an operated basis, unless otherwise noted.
2 We include all reportable emissions under EPA's Greenhouse Gas Reporting Program (GHGRP) for Devon operated facilities, as well as non-reportable emissions from our production assets and, beginning in reporting year 2019, gathering and boosting assets. We calculate emissions intensities using gross production as reported under the EPA GHGRP for all reporting segments.
3 We calculate our Indirect GHG Emissions from Electricity Use (Scope 2) on a location-based methodology using EPA fuel and electricity emissions factors.
4 We report indirect emissions from the use of sold products (Scope 3) on an equity basis from sources not owned or controlled by Devon. To estimate our Scope 3 emissions, we rely upon Ipieca's 2016 guidance document Estimating Petroleum Industry Value Chain (Scope 3) Greenhouse Gas Emissions. Per the Ipieca guidance, we report category 11 “Use of Sold Products” by calculating combustion emissions for our oil, natural gas and marketed natural gas liquids products using emissions factors obtained from the EPA and net equity production reported in Devon’s 2023 Annual Report on Form 10-K.
5 Our methane emissions intensity rate calculation includes all natural gas produced at Devon operated facilities and all methane emissions from Devon operated facilities associated with the production of oil and natural gas.
Click here to see Devon's calculation methodology for methane emissions intensity
6 Our flaring intensity rate calculation includes high-pressure flared volumes associated with the production of oil and natural gas.
7 Our water usage includes all water sources used in completions activities at facilities operated by Devon in 2023.
Checkmark with solid fill ERM CVS provided limited assurance in relation to Devon’s Total Scope 1 GHG emissions and Total Scope 2 GHG emissions (location-based method) for the reporting period January 1, 2023 to December 31, 2023. Additionally, ERM CVS provided limited assurance in relation to Devon’s Total Scope 1 GHG emissions and Total Scope 2 GHG emissions (location-based method) for the previous reporting periods of January 1, 2021 to December 31, 2021 and January 1, 2022 to December 31, 2022.
Basis of Reporting GHG Emissions
Independent Assurance Statement
Safety Performance Metrics
2021 2022 2023
Fatalities (Employee + Contractor workforce) 0 1 1
Total Recordable Incident Rate (TRIR) (Employee + Contractor) 0.50 0.53 0.53
   TRIR - Employee 0.58 0.56 0.75
   TRIR - Contractor 0.48 0.53 0.50
Serious Incident and Fatality (SIF) Recordable Rate (Employee + Contractor) 0.07 0.05 0.07
Days Away Restricted Transfer (DART) Incident Rate (Employee + Contractor) 0.33 0.35 0.30
   DART Incident Rate - Employee 0.34 0.17 0.30
   DART Incident Rate - Contractor 0.32 0.37 0.31
Lost Time Incident Rate (LTIR) (Employee + Contractor) 0.19 0.15 0.15
   LTIR - Employee 0.29 0.11 0.20
   LTIR - Contractor 0.17 0.16 0.15
Preventable Vehicle Incident Rate (per million miles) 2.37 1.96 2.28
Employee Hours (million) 4.2 3.6 4.0
Contractor Hours (million) 22.8 26.9 36.7
Governance Metrics
2021 2022 2023
Independent Board Members 73% 73% 91%
As of June 2024, ten of our 11 board members (91%) qualify as independent under NYSE standards and SEC regulations.
Women Board Members 27% 27% 36%
As of June 2024, four women (36%) serve on our board of directors, including the chair of Devon’s Audit Committee.
Contributions - Trades and Political (thousands) $2,520 $4,347 $4,024
With the increased scale of the company following the Devon-WPX merger, Devon's trade association dues increased.
Lobbying - Federal and State (thousands) $433 $751 $802
Devon's lobbying and political activity is disclosed via public agencies, as well as through the company's Political Activity and Lobbying Report available on our website.
Social Metrics
2021 2022 2023
Social Investments (millions) $13.7 $29.6 $15.9
Workforce Metrics
2021 2022 2023
Headcount (total company) 1,645 1,860 1,956
Minorities as a Percentage of Workforce1 22% 22% 24%
Women as a Percentage of Workforce 24% 23% 24%
Minorities as a Percentage of Leadership1 15% 17% 17%
Women as a Percentage of Leadership 15% 16% 17%
Years of Service
   Less than 5 years (percent of headcount) 36% 41% 39%
   5-9 years 38% 32% 29%
   10-14 years 15% 15% 18%
   15-19 years 8% 9% 10%
   20-24 years 2% 2% 3%
   25+ years 1% 1% 1%
Median Age 40 40 41
Attrition Rate 5% 4% 5%
1 As defined by the U.S. Equal Employment Opportunity Commission.
2 Marginal difference compared to total headcount in EEO-1 due to timing for the calculations.