Devon Energy

Devon Energy Corporation is an independent energy company focused on the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. Founded in 1971 and headquartered in Oklahoma City, it operates approximately 3,955 gross wells across several prominent U.S. shale plays. A significant portion of its production, about two-thirds, is derived from the Permian Basin, while the company also maintains a substantial presence in the Anadarko, Eagle Ford, and Bakken basins. As of the end of 2023, Devon reported net proved reserves of 1.8 billion barrels of oil equivalent and an average net production of roughly 658,000 barrels of oil equivalent per day, with a composition of 73% oil and natural gas liquids and 27% natural gas.

J. Larry Nichols

Co-Founder and Executive Chairman

Past deals in Natural Gas

RimRock Oil & Gas

Acquisition in 2022
RimRock Oil & Gas, LP is an independent oil and gas company based in Denver, Colorado, specializing in the acquisition and development of unconventional oil and gas assets across North America. Established in 2016, the company is led by President and CEO Jim Fraser, who has extensive experience in the upstream oil and gas sector. Fraser has a successful history of driving value-added initiatives at prominent energy firms, such as Talisman Energy, Chesapeake Energy, and Burlington Resources. RimRock focuses on strategic acquisitions and development within selected basins, positioning itself for sustainable growth in the oil and gas industry.

WPX Energy

Acquisition in 2020
WPX Energy, Inc. is an independent oil and natural gas exploration and production company based in Tulsa, Oklahoma. Established in 1983, the company specializes in the development and production of unconventional resources, including tight-sands and shale formations, as well as coalbed methane reserves. WPX Energy operates a substantial portfolio, with 688 wells and interests in 787 additional wells across approximately 122,000 net acres in the Delaware Basin of Texas and New Mexico. Additionally, it manages 404 wells and holds interests in 104 wells covering around 87,000 net acres in the Williston Basin of North Dakota. As of the end of 2019, WPX Energy reported proved reserves totaling 528 million barrels of oil equivalent, emphasizing its focus on liquid production while providing oil and natural gas products to the market.

Chief Oil & Gas

Acquisition in 2006
Chief Oil & Gas LLC is a privately held independent oil and gas exploration and production company that specializes in the Marcellus Shale region of Northeast Pennsylvania. The company is engaged in drilling and producing natural gas, which is essential for heating, cooking, and transportation. Additionally, Chief Oil & Gas provides feedstock for manufacturing and electrical power generation. The company emphasizes environmentally responsible operations, striving to minimize harmful impacts while meeting energy demands.

Mitchell Energy & Development Corp

Acquisition in 2002
Mitchell Energy & Development is operates natural gas processing plants and gathering systems in Texas.

Anderson Exploration

Acquisition in 2001
Anderson Exploration is explores for and produces oil and gas. Canadian natural-gas producer Anderson Exploration.

Kerr McGee

Acquisition in 1996
Kerr-McGee Corporation offers oil and natural gas exploration and production services in the United States. The company acquires leases and concessions, as well as explores, develops, produces, and markets crude oil and natural gas. It explores for oil and gas in onshore in the United States, the U.S. Gulf of Mexico, and offshore China. It also explores in proven hydrocarbon basins worldwide, including the North Slope of Alaska and offshore Angola, Bahamas, Benin, Brazil, Morocco, and Trinidad and Tobago. Kerr-McGee Corporation was formerly known as Kerr-McGee Oil Industries, Inc. and changed its name to Kerr-McGee Corporation in 1965. The company was founded in 1929 and is based in The Woodlands, Texas. As of August 10, 2006, Kerr-McGee Corporation operates as a subsidiary of Anadarko Petroleum Corporation.

Hondo Oil & Gas

Acquisition in 1992
Hondo Oil & Gas Co is the most of the domestic oil and gas.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.