Devon Energy Corp. has raised its full-year production guidance by 3% after exceeding midpoint expectations for North American natural gas, liquids and oil output, led by outperformance in Oklahoma’s stacked reservoirs.
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Devon Boosts Onshore Production Guidance by 3%, While LOE Declines by 21%
Devon Energy Corp. has raised its full-year production guidance by 3% after exceeding midpoint expectations for North American natural gas, liquids and oil output, led by outperformance in Oklahoma’s stacked reservoirs.
White Star Doubles Down in Northern Oklahoma in $200M Deal with Devon
Devon Energy Corp. is taking $200 million for a package of Mississippian Lime/Woodford Shale assets in a sale to White Star Petroleum LLC, the newly renamed American Energy-Woodford LLC business founded by the late Aubrey McClendon.
White Star Doubles Down in Northern Oklahoma in $200M Deal with Devon
Devon Energy Corp. is taking $200 million for a package of Mississippian Lime/Woodford Shale assets in a sale to White Star Petroleum LLC, the newly renamed American Energy-Woodford LLC business founded by the late Aubrey McClendon.
Former Devon Petro Geologists Helm New Upstream Startup, Sensex Energy
Oklahoma City is home to an upstream startup, overseen by former geology exploration executives of Devon Energy Corp.
Former Devon Petro Geologists Helm New Upstream Startup, Sensex Energy
Oklahoma City is home to an upstream startup, overseen by former geology exploration executives of Devon Energy Corp.
Devon’s Mantra for 2016: Protect the Balance Sheet
Pragmatic about what it can — and cannot — accomplish in the current environment, Devon Energy Corp. has no plans to accelerate exploration and production “in a $30.00 and $2.00 world,” CEO Dave Hager said Wednesday. Top line production is forecast to decline by 6% in 2016, led by a sharp pullback in onshore natural gas fields.
Southwestern, Devon Laying Off Employees
Devon Energy Corp. and Southwestern Energy Corp., two of the biggest U.S. onshore operators, announced this week they would lay off employees over the next couple of months, with Southwestern expecting to fire or reduce the roles of about 45% of its entire workforce.
BP Expands Lower 48 Portfolio With Devon’s Natural Gas-Rich Assets in San Juan Basin
BP plc’s Lower 48 onshore business on Friday snapped up all of Devon Energy Corp.’s natural-gas rich San Juan Basin assets, including 480 wells spread across 33,000 gross acres, in the “first major acquisition” by the business in seven years.
EnLink’s Tall Oak Takeover Expands STACK, CNOW Business
Devon Energy Corp.’s majority owned EnLink Midstream is expanding its reach in Oklahoma with a $1.55 billion deal to acquire Tall Oak Midstream LLC, considered a key element to Devon’s growth in the state’s stacked reservoirs.