Devon Energy Corp. is planning to double its activity levels to 15 wells in the emerging Niobrara Formation of the Powder River Basin, which is described by industry experts as one of the world’s super basins.

Fresh off a year that targeted development in the Powder River’s Turner Formation, the Oklahoma City-based company is focusing attention on the Niobrara, which lies just above the Turner, following appraisal work last year.

“A key objective in the Niobrara program in 2020 is to derisk and to prepare a portion of our 200,000 net acres for full development by early next year,” Devon Energy CEO Dave Hager said Feb. 19 on the company’s earnings call.

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