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devon energy

Devon – Sinopec JV Across 5 New Oil & Gas Plays Agreed

by Kenneth E. DuBose on January 4, 2012

Devon Energy and Sinopec (China) have inked a joint-venture (JV) deal worth $2.2 billion for a 1/3 interest in Devon’s acreage across five new venture plays. Devon is selling an interest in 1.2 million net acres for a little more than $5,000 per acre across several emerging plays: Tuscaloosa Marine Shale Niobrara Shale Mississippian Ohio’s […]

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Forced Pooled or Left Behind by Chesapeake – Barnett Shale

by Kenneth E. DuBose on August 26, 2011

Force pooling is often debated in practice, but you’re always better off to be forced pooled instead of left out completely. A family in Johnson County, TX, simply leased to a reputable operator (Devon Energy) and another reputable operator (Chesapeake Energy) leased more and put together a drilling unit adjacent to their property. When the […]

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Devon Energy multi-well pads are becoming more common across the Barnett Shale in North Texas. The company recently completed 36 wells from a single 12 acre drilling pad. The use of pads has many benefits with one being less surface disturbance. That means more land that can be used for other purposes, fewer private roads […]

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Operators are beginning to disclose more on the Tuscaloosa Marine Shale. You can read more and discuss your lease rates and drilling activity at Mineral Rights Forum’s Tuscaloosa Marine Shale Group. Denbury Resoureces didn’t give us too much guidance, but did announce that Encana is their new partner in the Tuscaloosa Marine Shale. Well, the […]

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Devon Energy in Morehouse Parish – Smackover Brown Dense?

by Kenneth E. DuBose on July 20, 2011

Devon Energy is prepping a well site in Morehouse Parish where the company is expected to drill an exploration well. The well will be the first drilled in years in Morehouse Parish and is likely part of the Smackover Brown Dense formation that has garnered interest in Union Parish and Union County AR.  There aren’t […]

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Tuscaloosa Marine Shale Picking Up in LA and MS

by Kenneth E. DuBose on July 3, 2011

The Tuscaloosa Marine Shale is still unproven, but several companies have expanded into the play.  Devon Energy has a test well planned that should shed a little light on where this is going.  Well results should be released by the end of the year.  Leasing rates and bonuses haven’t risen as high as other hot […]

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Shale Gas from the Barnett Shale to Marcellus Shale

by Kenneth E. DuBose on July 2, 2011

Shale gas has helped boost the economy as mineral owners received royalty checks and lease bonuses during the leasing boom. The great thing about royalties is they should pay for a long time. While we’re focused on the mineral owner, we’ve all benefited from lower electricity prices the past two years.  I’m locked in at […]

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Barnett Shale Waste Water Treatment

by Kenneth E. DuBose on July 27, 2009

Devon Energy and Chesapeake are testing new methods for treating water used in hydraulic fracturing that involve converting waste water into clean water vapor. [Read More]

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