Devon Energy

Devon All In on Permian Delaware, with Most Capital, Rigs Set for New Mexico, Texas

Devon All In on Permian Delaware, with Most Capital, Rigs Set for New Mexico, Texas

The Permian Basin will be the go-to target for Devon Energy Corp. this year, with 80% of this year’s capital budget and nearly all of the rigs directed to the massive formation.  The Oklahoma City-based independent issued its legacy fourth quarter and full-year results last week. Results from WPX Energy Inc., which completed its merger…

February 23, 2021