DEVON FINANCING TRUST, 424B2, 1997-12-01

DEVON FINANCING TRUST
424B2, 1997-12-01
CRUDE PETROLEUM & NATURAL GAS

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                      DEVON FINANCING TRUST
                                
                                
                      PROSPECTUS SUPPLEMENT
           TO THE PROSPECTUS DATED SEPTEMBER 11, 1996


          The Selling Holders selling Offered Securities pursuant
to  this Prospectus Supplement and certain information concerning
the sale of the Offered Securities are as follows:
<TABLE>
<CAPTION>
                                     Number of           
                      Securities      Offered        Name of
   Selling Holder        Held       Securities    Broker/Dealer
                                      Offered
                                                  
<S>                    <C>            <C>              <S>
Franklin Income Fund   570,000        570,000          None

Franklin Valuemark      60,000         60,000          None
  Income Securities
  Fund
                                                         

           The above-listed securities will be sold to purchasers
directly by the selling holder.  There are no special arrangement
or  agreement with any broker/dealers regarding the sale  of  the
Offered Securities.  The Selling Holders do not have, and  during
the  past  three  years have not had, any material  relationships
with Devon Energy Corporation or any of its affiliates.


           The Date of this Supplemental Prospectus is
                        November 26, 1997




</TABLE>