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Environment Performance Metrics1  
 
2022 2023 2024  
Direct GHG Emissions (Scope 1) (million tonnes CO2e)2 Checkmark with solid fill Checkmark with solid fill4.59 Checkmark with solid fill4.37 Checkmark with solid fill6.02  
   By Constituent  
      Carbon Dioxide (million tonnes CO2e) Checkmark with solid fill4.07 Checkmark with solid fill3.87 Checkmark with solid fill5.47  
      Methane (million tonnes CO2e) Checkmark with solid fill0.52 Checkmark with solid fill0.50 Checkmark with solid fill0.55  
      Nitrous Oxides (million tonnes CO2e) Checkmark with solid fill0.002 Checkmark with solid fill0.003 Checkmark with solid fill0.003 `
   By Source  
      Flaring/Venting (million tonnes CO2e) 1.88 1.41 2.14  
      Combustion (million tonnes CO2e) 2.69 2.94 4.07  
      Other (million tonnes CO2e) 0.02 0.03 0.05  
Indirect GHG Emissions from Electricity Use (Scope 2 location-based) (million tonnes CO2e)3 Checkmark with solid fill Checkmark with solid fill0.39 Checkmark with solid fill0.37 Checkmark with solid fill0.39  
Direct and Indirect GHG Emissions (Scope 1 and Scope 2 location-based) (million tonnes CO2e)2,3 Checkmark with solid fill4.98 Checkmark with solid fill4.74 Checkmark with solid fill6.41  
Scope 1 and 2 GHG emissions increased in 2024 compared to 2023 primarily driven by the acquisition of Grayson Mill, along with an increase in combustion-related emissions. See “Our baseline recalculation methodology”.  
Direct GHG Emissions Intensity (Scope 1) (tCO2e/MBoe)2 Checkmark with solid fill15.29 Checkmark with solid fill14.27 Checkmark with solid fill15.75  
Direct and Indirect GHG Emissions Intensity (Scope 1 and Scope 2 location-based) (tCO2e/MBoe)2 Checkmark with solid fill16.58 Checkmark with solid fill15.48 Checkmark with solid fill16.77 QM changed 2024 value from 16.55 to 16.71 after data review.
Indirect GHG Emissions from Use of Sold Products (Scope 3, Category 11) (million tonnes CO2e)4,5 90 97 109  
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. 2020 estimated Scope 3 emissions are legacy Devon only, while 2021 and 2022 reflects pro-forma Devon + WPX.
Methane Emissions Intensity (Scope 1) (tCO2e/MBoe)2 Checkmark with solid fill1.72 Checkmark with solid fill1.62 Checkmark with solid fill1.43  
Methane Emissions Intensity - Production Segment (Scope 1) (% of natural gas produced)6 0.19% 0.17% 0.15%
Flared Volume (Bcf) 3.7 3.2 5.1 From RR: Includes 2024 Oct-Dec GME volumes.
Flaring Intensity (% of natural gas produced)7 Checkmark with solid fill0.49% Checkmark with solid fill0.40% Checkmark with solid fill0.53% From RR: Includes 2024 Oct-Dec GME volumes. Devon Intensity = 0.23% + GME for Total Company = 0.53%
Flaring volumes and flaring intensity increased in 2024 due to the Grayson Mill Energy acquisition on September 27, 2024.
Energy Usage - Fuel and Electricity Use (trillion BTU)3 43.03 46.04 59.4  
Other Air Emissions  
      Sulfur Oxides (thousand tonnes CO2e) --- 0.13 0.22 SOx, NOx, and VOCs are new metrics added for 2023. 2023 data changed from 0.13 to 0.20 and must not have been updated last year before publish.
      Nitrogen Oxides (thousand tonnes CO2e) --- 24.4 34.7  
      Volatile Organic Compounds (million tonnes CO2e) --- 21.9 32.0  
Water Usage (million Bbl)8 126 150 161  
   Recycled (million Bbl) 72 83 95  
   Sourced (million Bbl) 54 67 66  
        Fresh (million Bbl) - Newly Reported in 2022 9 7 13
Water Usage Intensity (Bbl/Boe produced)8 0.44 0.49 0.46 Last years report: 2022 = 0.45, 2023 = 0.49
Water Usage Intensity (million Bbl/well completion)8 0.32 0.36 0.39  
Water Recycle Rate (recycled water Bbl/water usage Bbl)8 57% 55% 59%  
Devon's total water usage 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) 413 330 293  
Reportable Spill Volumes Released to the Environment (barrels) 10,858 6,262 2,612  
 
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 2024 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 2024.  
Checkmark with solid fill 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 (located-based method) for the three calendar years ended December 31, 2024, 2023 and 2022, respectively.  
Basis of Reporting GHG Emissions  
Independent Assurance Statement  
 
 
 
Safety Performance Metrics  
 
2022 2023 2024  
Fatalities (Employee + Contractor workforce) 1 1 0  
Total Recordable Incident Rate (TRIR) (Employee + Contractor) 0.53 0.53 0.44  
   TRIR - Employee 0.56 0.75 0.79  
   TRIR - Contractor 0.53 0.50 0.39  
Serious Incident and Fatality (SIF) Actual Rate (Employee + Contractor)1 0.013 0.025 0.016  
Days Away Restricted Transfer (DART) Incident Rate (Employee + Contractor) 0.35 0.30 0.22  
   DART Incident Rate - Employee 0.17 0.30 0.44  
   DART Incident Rate - Contractor 0.37 0.31 0.19  
Lost Time Incident Rate (LTIR) (Employee + Contractor) 0.15 0.15 0.09  
   LTIR - Employee 0.11 0.20 0.26  
   LTIR - Contractor 0.16 0.15 0.07  
Preventable Vehicle Incident Rate (per million miles) 1.96 2.28 1.45  
Employee Hours (million) 3.6 4.0 4.5  
Contractor Hours (million) 26.9 36.7 33.4  
1 In 2024, Devon began tracking SIF actual rate in replacement of SIF recordable rate. Current reporting year and prior years data shown above reflect this change.  
 
 
 
Governance Metrics  
 
2022 2023 2024  
Independent Board Members 73% 91% 91%  
As of June 2025, nine of our 10 board members (90%) qualify as independent under NYSE standards and SEC regulations.  
Contributions - Trades and Political (thousands) $4,347 $4,024 $3,003  
For more information, see Devon's Political Activity and Lobbying Report available on our website.  
Lobbying - Federal and State (thousands) $751 $802 $813  
Devon's lobbying and political activity is disclosed via public agencies, as well as through the company's annual Political Activity and Lobbying Report.  
 
 
 
Social Metrics  
 
2022 2023 2024  
Social Investments (millions) $29.6 $15.9 $11.6  
 
 
 
Workforce Metrics  
 
2022 2023 2024  
Headcount (total company) 1,860 1,956 2,288  
Headcount increased in 2024 primarily due to the acquisition of Grayson Mill Energy.  
Minorities as a Percentage of Workforce1 22% 24% 23%  
Women as a Percentage of Workforce 23% 24% 23%  
Minorities as a Percentage of Leadership1 17% 17% 18%  
Women as a Percentage of Leadership 16% 17% 18%  
Years of Service  
   Less than 5 years (percent of headcount) 41% 39% 42%  
   5-9 years 32% 29% 23%  
   10-14 years 15% 18% 23%  
   15-19 years 9% 10% 8%  
   20-24 years 2% 3% 3%  
   25+ years 1% 1% 1%  
Median Age 40 41 41  
Attrition Rate 4% 5% 4%  
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.