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Devon Energy Corporation

Latest Devon Energy News

Devon Energy to form midstream MLP

The board of Devon Energy Corp. (NYSE:DVN) has approved a plan to form a publicly traded midstream master limited partnership (MLP).

Fiduciary obligations in the oil patch

Devon Energy to close Houston office, transfer responsibilities, some employees to OK

Devon Energy Corp. plans to consolidate its US personnel into a single operations group at its corporate headquarters in Oklahoma City. As a result, Devon will close its office in Houston and transfer operational responsibilities for assets in South Texas, East Texas and Louisiana to Oklahoma City.

IHS: Too early to determine ‘sweet spots,’ but Utica Shale important US liquids-rich resource

According to a recent report from IHS, although it is still premature to conclude that the Utica/Point Pleasant Shale play in Ohio and western Pennsylvania will be as productive as the Eagle Ford Shale in Texas, the Utica is in many ways analogous to the Eagle Ford and early drilling results are encouraging.

Canadian shale holds great promise

Aside from the Bakken shale play that extends north from the United States into the Canadian province of Saskatchewan, the Horn River Basin contains the best known shale deposits in western Canada.

Energy XXI appoints Antonio de Pinho as SVP of Joint Ventures

Energy XXI has appointed Antonio De Pinho to senior vice president of joint ventures and technology effective Sept. 4, 2012.

Horizontal drilling boosts production in Mississippi Lime

Technology typically used for drilling and completing wells in shale formations has created a resurgence of interest in a non-shale play, the Mississippi Lime in northern Oklahoma and southern Kansas.

Voyager expands Williston Basin footprint with Emerald Oil acquisition

Voyager Oil & Gas Inc. and Emerald Oil Inc. have entered into a securities purchase agreement whereby Voyager will acquire Emerald Oil to create a US-based oil and gas company that will focus on select oil and gas basins in the Rocky Mountain region.

OGJ150

Gulfport Energy names Gaydosik CFO

Jul 10, 2014 Gulfport Energy Corp. has appointed Aaron Gaydosik to serve as CFO. Most recently, Gaydosik served as vice president of finance at Kodiak Oil &...

Revenue, net income show small increases in 4Q2012

May 1, 2013 Revenues for the group of publicly-traded US-based companies tracked by Oil & Gas Journal and Oil & Gas Financial Journal grew in the final...

Helix completes sale of oil and gas business

Feb 6, 2013 Helix Energy Solutions Group Inc.has closed the previously announced sale of Energy Resource Technology GOM Inc. (ERT), the company’s oil and gas s...

Revenue, net income drop sharply in 3Q12

Feb 1, 2013 Revenues for the group of publicly-traded US-based companies tracked by Oil & Gas Journal and Oil & Gas Financial Journal continued their d...

WPX Energy makes natural gas discovery in Niobrara formation

Jan 23, 2013 Tulsa, OK-based oil and gas exploration and production company WPX Energy said January 22 that a recent Niobrara gas discovery in western Colorado ...

OGFJ100P

Vantage Energy files for $400M IPO

Jul 8, 2014

Vantage Energy Inc., a privately-held oil and gas company, plans to raise approximately $400 million in an IPO. 

Rock Oil increases capital commitment, adds to management

Jun 10, 2014 Wells Fargo Energy Capital and BNP Paribas have made investments and capital commitments to Rock Oil Holdings LLC. In addition, Rock Oil has named ...

AEPB acquires Permian leasehold for $2.5B

Jun 9, 2014 American Energy – Permian Basin LLC, an affiliate of American Energy Partners LP, has signed an agreement to acquire approximately 63,000 net acres...

FourPoint raises $1B in capital, partners with EnerVest in Anadarko Basin

Jan 31, 2014 FourPoint Energy LLC has acquired certain producing and undeveloped oil and gas properties and related midstream assets in the Western Anadarko Bas...

OGFJ100P company update

Jul 11, 2013 Independent research firm IHS Herold Inc. has provided OGFJ with updated production data for our periodic ranking of US-based private E&P compa...

Oil & Gas Companies

Roxi Petroleum makes discovery at BNG Contract Area in Kazakhstan

Roxi Petroleum plc, a Central Asian oil and gas company with a focus on Kazakhstan, reports a discovery at its flagship BNG asset in the pre-Caspian basin in Western Kazakhstan.

ERHC Energy provides operations update

ERHC Energy Inc., a publicly traded American company with oil and gas assets in Sub-Saharan Africa, today issued an update on the company's progress.


Hibiscus ups stakes in Gippsland Basin

Malaysia's Hibiscus Petroleum Berhad group has signed a series of binding agreements with its Australian partner, 3D Oil Ltd., to increase its effective stake in both the VIC/L31 production license in Australia's Gippsland Basin which contains the...

Repsol makes oil discovery in Trinidad and Tobago

Repsol has made a new hydrocarbons discovery in the Teak field, offshore Trinidad and Tobago, in the TSP block east of the island of Trinidad.

Pemex to invest $6B in Cantarell production

Pemex plans to launch a $6 billion investment in 2017 to maintain current levels of production at its Cantarell field over the next decade, Reuters reports.

KrisEnergy approves Wassana oil development

KrisEnergy Ltd., an independent upstream oil and gas company, has approved the final investment decision for the development of the Wassana oil field in the Gulf of Thailand G10/48 license, where production is anticipated to begin in the second ha...

Sonatrach grants Eni three prospection permits in Algeria

Eni has been granted three prospection permits by Sonatrach, the Algerian state company. The permits authorize Eni, as operator, and Sonatrach to carry out prospection activities in the basins of Timimoun and Oued Mya, in onshore southern Algeria.