Saturday, January 4, 2025

Devon Energy Accelerates Production to 195 MBOEPD

Devon’s early ’18 production from Delaware, STACK up 20% over 2017 average Devon Energy Corp. (ticker: DVN) accelerated production growth in early 2018. The company’s Delaware Basin and STACK assets are producing approximately 195,000 BOEPD. The combined daily production rates from these two assets represent a 10% increase over the fourth quarter of 2017, and a ~20% increase compared to

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At 4 MMBOPD, Texas is Fifth Largest Oil Producing ‘Country’

Fifth largest oil producer, fourth largest gas producer Attendees of EnerCom Dallas heard Federal Reserve Bank of Dallas Senior VP and Research Advisor Mine Yücel outline the state of the modern oil and gas industry. Yücel noted that the U.S. shale revolution has truly pushed the country to the top of the pack among oil and gas producers. America is

TSX Approves Surge Energy Share Buyback

The Toronto Stock Exchange has accepted Surge Energy’s (ticker: SGY) notice of intention to make a normal course issuer bid for its outstanding common shares in accordance with the rules and policies of the TSX. Surge said in a statement it believes that the market price of its common shares, in today’s current oil price environment, does not accurately reflect