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…
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Colorado BLM to Revisit Air Quality on 34 Authorized Drilling Sites
Under a settlement of a pending court case, the federal Bureau of Land Management (BLM) office in northwestern Colorado has agreed to reevaluate air quality impacts on 34 authorized, but not yet permitted, oil and natural gas drilling projects in the western part of the state.
August 7, 2013