Devon Energy Corp (Devon Energy) is an independent energy company that carries out the exploration, development, and production of oil, natural gas, and natural gas liquids (NGLs). The company’s operations are concentrated in onshore areas in the US. The company operates through one reportable business segment, namely, the US. Its assets include Eagle Ford, Delaware Basin, Powder River Basin, and Anadarko Basin. In Delaware Basin, Devon focuses on oil-rich Bone Spring, Wolfcamp, and Leonard formations. Eagle Ford assets are located in DeWitt County in South Texas. The company focuses on emerging oil opportunities in the Powder River Basin Basin. Anadarko assets are located in Oklahoma’s Canadian, Kingfisher, and Blaine counties. Devon’s operations provide oil and natural gas production from its core acreage position consisting of approximately 1.3 million acres held for production across multiple formations.

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