Devon, BP form Kirby oil sands joint ventureDevon Energy Corp. has formed a heavy oil joint venture with BP to develop BP's Kirby oil sands leases in Alberta, Canada. In order to facilitate the oil sands joint venture, Devon will acquire 50% of BP's interest in the Kirby oil sands leases. |
Devon Energy makes senior management appointmentsIndependent oil and gas producer Devon Energy Corp. has elected Jeff Agosta and Jeff Ritenour as corporate officers. |
A current view of the top 5 US gas shalesThe five largest gas shale plays now account for about 10% of total US natural gas production, and this figure could double by 2012. |
An issue packed full of vital information
When the public — meaning most of America — considers the oil and gas industry, they usually think of the oil majors like ExxonMobil or one of the large IOCs like BP or Total.
|
Year off to a fast start with M&A deals
Energy M&A Update is a new monthly feature in OGFJ, brought to you in collaboration with The Rodman Energy Group.
|
Upstream outlook stable, refining under pressure
In its 2010 outlook for the oil and gas sector, Fitch Ratings says the industry is stable as the rally in crude oil prices from the lows experienced during the first quarter of 2009 continue to provide considerable support to industry activity levels and financial profiles.
|
Devon to divest GoM assets in $1.3B dealDevon Energy Corp. has agreed to sell its interests in three Lower Tertiary development projects in the Gulf of Mexico to Maersk Oil for $1.3 billion. |
Devon to sell all GoM, international assets; claims highest rate Haynesville shale well |