Devon Energy Corp.
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Midcontinent E&P companies reduce well intensity to generate economic returns.
Stack Play Meramec producers, EOG Wolfcamp completions and a Utica Shale well by Ascent Resources tops this week’s drilling activity…
Devon Energy said Dec. 18 it expects to take a non-cash pretax charge of $650 million to $750 million in the fourth quarter related to…
The buyer of Devon’s Barnett position is Kalnin Ventures, a gas-focused investment vehicle backed by Thailand-based coal mining and…
The JV partnership is the second Devon Energy has formed with Dow in recent years as E&Ps are increasingly left with fewer capital…
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
LEa
NM
United States
IHS Markit announced that Oklahoma City-based Devon Energy Corp. completed a horizontal Wolfcamp producer in the Delaware Basin in Lea County, N.M. The Jabalina Southwest Field well, #001H Mean Green 23-35 Federal Com, was tested flowing 1.232…
Converse
WY
United States
Oklahoma City-based Devon Energy Corp. announced results from a Turner completion in Converse County, Wyo. The #3XTH RU JFW Fed 10-153972 initially flowed 1.305 Mbbl of oil 2.34 MMcf of gas and 632 bbl of water daily. It was drilled in Section 10…
Campbell
WY
United States
Houston-based EOG Resources Inc. announced results from two Crossbow Field-Parkman completions in Section 8-41n-72w of Campbell County, Wyo. The directionally drilled #410-0820H Arbalest was drilled to 17,885 ft, 7,786 ft true vertical, and was…
Blaine
OK
United States
Six long-reach Meramec producers were completed by Oklahoma City-based Devon Energy Production Corp. in a Stack play increased density pilot project in Blaine County, Okla. All of the Watonga-Chickasha Trend wells were drilled from a pad in…
Lea
NM
United States
Devon Energy Corp. completed four high-volume, Delaware Basin-Bone Spring wells in Section 8-23s-32e in Lea County, N.M. The #215H Alley Cat 17-20 Federal Com initially flowed 8.779 Mbbl of oil, 10.959 MMcf of gas and 8.75 Mbbl of water per day…
Transactions
Devon Energy To Exit Barnett Shale In $770 Million Sale
Devon Energy To Exit Barnett Shale In $770 Million Sale
Devon Energy Secures $100 Million For Stack Drilling JV
Devon Energy Secures $100 Million For Stack Drilling JV
Devon Energy Forms Delaware Basin Midstream Partnership With QL Capital
Devon Energy Forms Delaware Basin Midstream Partnership With QL Capital
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