- Tight Gas & Oil
- Gas Hydrates
Inside the deal for the historic field near the southwestern edge of the Powder River Basin. It has produced 28.5 million barrels (MMbbl) of oil with an estimated 300 MMbbl in place.
The shale gas company’s deal comes after executives have said they want to sells assets to reduce debt.
Devon COO emphasizes asset quality, execution and financial flexibility during low-price periods.