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DVN » Topics » Oil Prices

This excerpt taken from the DVN 10-K filed Feb 28, 2007.
Oil Prices
 
We have not fixed the price we will receive on any of our 2007 oil production. Our 2007 average prices for each of our areas are expected to differ from the NYMEX price as set forth in the following table. The NYMEX price is the monthly average of settled prices on each trading day for benchmark West Texas Intermediate crude oil delivered at Cushing, Oklahoma.
 
     
    Expected Range of Oil Prices
    as a % of NYMEX Price
 
U.S. Onshore
  86% to 96%
U.S. Offshore
  90% to 100%
Canada
  60% to 70%
International
  83% to 93%
 
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