Devon Energy Corp.
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Tony Vaughn, who will retire after 20 years of service, will serve as special advisor through May 2020.
E&Ps established viable economics for Powder River tight sand plays during the past half-decade. In 2019, they plan to do the same…
The company recorded a 5% rise in prices for oil sold at $56.68 per barrel in the quarter due to better hedging and at a time when U.S…
After announcing the completion of its multibillion-dollar exit from Canada, Devon Energy said it will redeem $1.5 billion of its…
Bifurcated trends, including on rig count, should not cause concern in the Anadarko Basin for midstream players as upstream players…
New Financings
Devon Energy Corp. will redeem $1.5 billion in senior notes. This redemption covers all of the company’s…
Devon Energy Corp. has completed its initial accelerated share repurchase program that commenced in early…
Devon Energy Corp. has announced the consideration payable in connection with its previously announced…
Offered 55 million common shares in a public offering. Underwriters will be able to purchase about 8.3…
Launched offering of senior unsecured notes due 2025. Proceeds will fund a portion of its $1.9 billion…
Activity Highlights
Blaine
OK
United States
A long-reach Meramec discovery by Devon Energy Corp. was tested flowing 23.4 MMcf of gas, 180 bbl of 52-degree-gravity condensate and 2.566 Mbbl of water per day. The Oklahoma City-based company’s #1HX Mad Dog 31_30-14N-11W is in Section 31-14n-…
Converse
WY
United States
Devon Energy Corp. completed a horizontal Parkman producer in the Powder River Basin that flowed 1.531 Mbbl of oil, 346 Mcf of gas and 547 bbl of water per day—the first two-section horizontal producer in the vicinity. The #31-063871-3XPH CWDU T-…
Converse
WY
United States
Devon Energy Corp. announced results from three horizontal Teapot producers in Converse County, Wyo. In Section 2-36n-69w, #35-263769-1XTPH-CU Downs-Federal flowed 1.578 Mbbl of oil, with 483.9 Mcf of gas and 630 bbl of water per day. Production…
Converse
WY
United States
Devon Energy Corp. has scheduled three horizontal exploratory tests at a drillpad in the southern Powder River Basin. According to IHS Markit, the Converse County, Wyo., the drillpad will be in Section 7-37n-71w. The #18-193771-1XNH and #3XNH SDU…
Converse
WY
United States
A Niobrara completion in the Powder River Basin was announced by Oklahoma City-based Devon Energy Corp. Located in Section 16-38n-70w in Converse County, Wyo., #09-043870-1XNH Conley Draw produced 1.506 Mbbl of oil, with 1.113 MMcf of gas and 1.…
Transactions
Devon Energy Kicks Off Transformation With $2.8 Billion Canada Exit
Devon Energy Kicks Off Transformation With $2.8 Billion Canada Exit
Devon Energy Deals Central Basin Platform Assets For $191 Million
Devon Energy Deals Central Basin Platform Assets For $191 Million
Devon Energy Deals Central Basin Platform Assets For $191 Million
Devon Energy Deals Central Basin Platform Assets For $191 Million
Devon Sells Package Of Barnett Shale Acreage For $50 Million
Devon Sells Package Of Barnett Shale Acreage For $50 Million
Carrizo Acquires Devon Acreage In Delaware Basin For $215 million
Carrizo Acquires Devon Acreage In Delaware Basin For $215 million