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STS - Devon securing Eagle Ford upside with refracs & redevelopment - August 15, 2019
Through refrac and redevelopment programs, Devon Energy is working to expand its resource opportunity in the Eagle Ford. The company says it has a 10-year drilling inventory with potential upside. Devon has 700 “high-return” (over 20% IRR) undrilled locations identified and 200 risked refrac candidates identified out of 700 or more potential refracs. In DeWitt County, Texas, the Muir C 4H was refracked in Q2 and came online at an initial 30-day uplift of......
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