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Devon Energy Corp
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Q1 2024 Earnings Call Presentation
| Rick Muncrief | Page 17 of 11 |
May 17, 2024
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"Q1 2024 Earnings Call Presentation"
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Committed to Environmental Excellence GHG EMISSIONS FOR SCOPE 1 & 2 BY 2050 GHG EMISSIONS SCOPE 1 & 2 NET ZERO GHG EMISSIONS INTENSITY SCOPE 1 & 2 50 REDUCTION BY 2030 % METHANE EMISSIONS INTENSITY REDUCTION BY 2030 65% OF GROSS NATURAL GAS PRODUCED BY 2025 0.5 FLARING INTENSITY % OR LOWER ROUTINE FLARING AS DEFINED BY THE WORLD BANK BY 2030 ELIMINATE 2023 SUSTAINABILITY REPORT HIGHLIGHTS Joined Oil & Gas Methane Partnership 2.0 Initiative Flared volume intensity was reduced by 77% Scope 1 & 2 GHG emissions intensity declined by 19% For more information, please refer to the Sustainability portion of Devon’s website ENVIRONMENTAL TARGETS Recycled water usage increased by 18% vs. 2021 Foundational sponsor of GTI Energy’s Veritas (Methane emissions measurement and verification initiative) (1) (1) Measures reflect changes from 2019. (1)