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Tag: devon energy
Devon Energy Lowers Full-year Capex Forecast
2020-10-29 21:35:00| OGI
Devon Energy said it now expects exploration and production capex to be between $950 million and $990 million, $10 million lower at the top end of an earlier forecast, its third reduction to the budget since March.
Tags: energy
forecast
devon
lowers
Devon Energy Completes Barnett Shale Exit to Kalnin Ventures
2020-10-02 11:05:00| OGI
Devon Energy received a net cash payment of $320 million for the Barnett Shale assets at closing, which the Oklahoma City-based company said in August will coincide with a special dividend to shareholders worth $100 million.
Tags: energy
exit
ventures
devon
US Shale Producers Devon, WPX Energy Reportedly in Talks to Merge
2020-09-27 23:30:00| OGI
From an oil production standpoint, the combination of U.S. shale producers Devon and WPX Energy would put the pro forma company among the largest in the E&P sector, analyst Gabriele Sorbara says.
Tags: energy
talks
producers
merge
Devon Energy Aims to Clinch Early Barnett Exit
2020-08-04 23:30:00| OGI
Devon Energys Barnett Shale exit, a deal potentially worth up to $830 million, will now close at the beginning of October rather than the end of the year.
Devon Energy Curtails 10,000 Barrels of Daily Oil Production
2020-06-16 21:45:00| OGI
Devon Energy also plans to run two hydraulic fracturing crews in the second half of the year, and expects to exit 2020 with a backlog of 100 drilled-but-uncompleted wells.
Tags: daily
production
energy
oil
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