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Devon Energy Corp
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Q2 2015 Operations Report
| Dave Hager | Page 2 of 11 |
November 23, 2024
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"Q2 2015 Operations Report"
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TAKEAWAYS Q2 2015 OPERATIONS REPORT 2 HIGHLIGHTS Oil production exceeded expectations for the 4th consecutive quarter On track to deliver full-year 2015 production targets Improved operating cost and capital spending outlook Harvested $1.1 billion of value from EnLink Devon reveals newest midstream drop-down candidate HIGHLIGHTS BY OPERATING AREA Permian:Bone Spring outperforms expectations; Well costs decline >30% Permian:Delaware Sands type curve raised Eagle Ford:Best-in-class well results Heavy Oil:Production growth driven by Jackfish 3 Anadarko Basin:Record-setting pad online at Cana; Lower well costs Anadarko Basin:Accelerating Meramec activity Barnett Shale:Massive refrac potential Rockies Oil:Powder River delivers high-rate development wells Rockies Oil Anadarko Basin Eagle Ford Permian Basin OilAssets Liquids-Rich Gas Assets Heavy Oil Barnett Shale