Filed Pursuant to Rule 424(b)(2)
                Relating to Form S-3 Registration
                     Statement No. 333-00815
                                
                                
                      DEVON FINANCING TRUST
                                
                                
                      PROSPECTUS SUPPLEMENT
              TO THE PROSPECTUS DATED MAY 13, 1997


          The Selling Holders selling Offered Securities pursuant
to  this Prospectus Supplement and certain information concerning
the sale of the Offered Securities are as follows:


                                     Number of           
                      Securities      Offered        Name of
   Selling Holder        Held       Securities    Broker/Dealer
                                      Offered
                                            
                                               
Greyhound Lines          2,500         2,500         McMahan Securities
TQA Vantage Fund Ltd.   39,900        39,900         McMahan Securities


           There is no special arrangement or agreement with  the
named   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 relationship  with  Devon
Energy Corporation or any of its affiliates.


           The Date of this Supplemental Prospectus is
                          May 13, 1997