UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment:[ ] is a restatement
[ ] adds new holdings entries.
Institutional Investment Manager Filing This Report:
Name: Devon Energy Corporation
Address:20 North Broadway, Suite 1500
Oklahoma City, OK 73102-8260
Form 13F File Number:
The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:

Name:     Marian J. Moon
Title:    Senior Vice President and Corporate Secretary
Phone:    (405) 552-4504	

Signature, Place, and Date of Signing:

/s/ Marian J. Moon        Oklahoma City, OK      November 15, 1999
------------------       ------------------     -------------------
Signature                     City, State          Date

Report Type:

[ X ]                       13F HOLDINGS REPORT
[   ]                       13F NOTICE	

[ ] 13F COMBINATION REPORT

FORM 13F SUMMARY PAGE
REPORT SUMMARY:

Number of other included Managers                  0

Form 13F Information Table Entry Total:            1

Form 13F Information Table Value Total:     $623,694,0211

List of Other Included Managers:                   NONE	

                           FORM 13F INFORMATION TABLE

COLUMN 1              COLUMN 2   COLUMN 3   COLUMN 4        COLUMN 5       COLUMN 6   COLUMN 7       COLUMN 8
----------------     ---------  ---------- ---------- -------------------  ---------  --------   ----------------
                       TITLE      CUSIP       VALUE   SHARES/  SH/  PUT/   INVSTMT    OTHER      VOTING AUTHORITY
NAME OF ISSUER        OF CLASS   NUMBER     (X$1000)  PRN AMT  PRN  CALL   DISCRETN   MANAGERS   SOLE SHARED NONE
----------------     ---------  ---------- ---------- ------- ----- -----  ---------  --------   ---- ------ ----

Chevron Corporation   Common    166751107   623,694   7092429  SH           SOLE