Devon Energy Corp (DVN) - Oil & Gas - Deals and Alliances Profile
October 2018
146
About the Report
About the Report
Summary
Devon Energy Corp (Devon Energy) is an independent energy company. The company carries out exploration, development, and production of oil, natural gas and natural gas liquids (NGLs). It has its operations in onshore areas of the US and Canada. Devon Energy's US assets are located in Barnett Shale, Eagle Ford, Delaware Basin, the Rockies, and the STACK Counties. Its Canadian assets are located in heavy oil area. The company also provides mid-stream services such as gathering, transmission, processing, fractionation and marketing to producers of natural gas, NGLs, crude oil and condensate. Devon Energy is headquartered in Oklahoma City, Oklahoma, the US.
Devon Energy Corp (DVN)-Oil & Gas-Deals and Alliances Profile provides you comprehensive data and trend analysis of the company's Mergers and Acquisitions (M&As), partnerships and financings. The report provides detailed information on Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnership transactions recorded by the company over a five year period. The report offers detailed comparative data on the number of deals and their value categorized into deal types, sub-sector and regions.
GlobalData derived the data presented in this report from proprietary in-house Oil & Gas eTrack deals database, and primary and secondary research.
Scope
- Financial Deals-Analysis of the company's financial deals including Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnerships.
- Deals by Year-Chart and table displaying information encompassing the number of deals and value reported by the company by year, for a five year period.
- Deals by Type-Chart and table depicting information including the number of deals and value reported by the company by type such as Mergers and Acquisitions, Equity/Debt Offering etc.
- Deals by Region-Chart and table presenting information on the number of deals and value reported by the company by region, which includes North America, Europe, Asia Pacific, the Middle East and Africa and South and Central America.
- Deals by Sub-sector-Chart and table showing information on the number of deals and value reported by the company, by sub-sector.
- Major Deals-Information on the company's major financial deals. Each such deal has a brief summary, deal type, deal rationale; and deal financials and target Company's (major public companies) key financial metrics and ratios.
- Business Description-A brief description of the company's operations.
- Key Employees-A list of the key executives of the company.
- Important Locations and Subsidiaries-A list and contact details of key centers of operation and subsidiaries of the company.
- Key Competitors-A list of the key competitors of the company.
- Key Recent Developments-A brief on recent news about the company.
Reasons to buy
Get detailed information on the company's financial deals that enable you to understand the company's expansion/divestiture and fund requirements
- The profile enables you to analyze the company's financial deals by region, by year, by business segments and by type, for a five year period.
Understand the company's business segments' expansion / divestiture strategy
- The profile presents deals from the company's core business segments' perspective to help you understand its corporate strategy.
Access elaborate information on the company's recent financial deals that enable you to understand the key deals which have shaped the company
- Detailed information on major recent deals includes a summary of each deal, deal type, deal rationale, deal financials and Target Company's key financial metrics and ratios.
Equip yourself with detailed information about the company's operations to identify potential customers and suppliers.
- The profile analyzes the company's business structure, locations and subsidiaries, key executives and key competitors.
Stay up-to-date on the major developments affecting the company
- Recent developments concerning the company presented in the profile help you track important events.
Gain key insights into the company for academic or business research
- Key elements such as break up of deals into categories and information on detailed major deals are incorporated into the profile to assist your academic or business research needs.
Note*: Some sections may be missing if data is unavailable for the company.
Products
Products
Devon Energy Corp, Deal Analysis, Mergers, Acquisitions, Asset Purchases, Asset Divestitures, Company Divestitures, Equity Offerings, Capital Raising, Debt Offerings, IPOs, Initial Public Offering, Private Placement, Private Investment In Public Equities, Secondary Offerings, Follow-On Offerings, Debt Private Placement, Public Debt Placement, Partnerships, Joint Venture, Licensing Agreements, Co-Marketing Agreements, Upfront Payment, Milestone Payment, Phases, Clinical Trials, Private Equity, Venture Capital, PE,VC, Asset Finance, Project Finance, Tax Equity Financing, Bond Financing, Lease Financing, New Build Financing, Deal Analysis By Market/sector, Deal Analysis By Geography, Deal Analysis By Deal Types, Key Employees, Locations And Subsidiaries, Competitors, Recent News, Company Overview, Key Facts, Deals By Year, Deal Details, Recent Developments, Significant Developments.
Table of Contents
Table of Contents
Table of Contents
Table of Contents 3
List of Tables 6
List of Figures 7
Devon Energy Corp, Oil & Gas, Deals By Year, 2012 to YTD 2018 8
Devon Energy Corp, Oil & Gas Deals By Type, 2012 to YTD 2018 9
Devon Energy Corp, Oil & Gas, Deals By Region, 2012 to YTD 2018 10
Devon Energy Corp, Oil & Gas, Deals By Sector, 2012 to YTD 2018 11
Devon Energy Corp, Oil & Gas, Deals Summary, 2012 to YTD 2018 12
Devon Energy Corp, Oil & Gas, Deal Details 15
Asset Purchase 15
Devon Energy Completes Acquisition Of 80,000 Net Acres In Anadarko Basin Stack Play In Oklahoma For USD 1.51 Billion 15
Devon Energy Completes Acquisition Of 253,000 Net Acres In Powder River Basin In Wyoming For USD 499 Million 17
Devon Energy Completes Acquisition Of 50% Interest In Cana-Woodford Shale Assets In Oklahoma From Cimarex Energy For USD 248.7 Million 18
Devon Energy Completes Acquisition Of EagleFord Shale Assets From GeoSouthern Energy And Blackstone For USD 6 Billion 19
Private Equity 21
Devon Energy Completes Sale Of Interests In EnLink Midstream Partners And EnLink Midstream To Global Infrastructure Partners For USD 3.13 Billion 21
Partnerships 24
Devon Energy Plans To Form Joint Venture To Develop Oil And Gas Operations 24
Merger 25
Devon Energy Completes Merger Of US Midstream Assets With Crosstex Energy 25
Equity Offering 27
Devon Energy Completes Public Offering Of Shares For USD 1.49 Billion 27
Devon Energy Completes Public Offering Of Common Units For USD 673.6 Million 29
Devon Midstream Withdraws IPO Of Units 31
Debt Offering 32
Devon Energy Completes Public Offering Of 5.85% Notes Due 2025 For USD 850 Million 32
Devon Energy Completes Public Offering Of 5% Senior Notes Due 2045 For USD 750 Million 34
Devon Energy Completes Public Offering Of Notes Due 2015 For USD 500 Million 36
Devon Energy Completes Public Offering Of Notes Due 2016 For USD 350 Million 38
Devon Energy Completes Public Offering Of 1.2% Notes Due 2016 For USD 650 Million 40
Devon Energy Completes Public Offering Of 2.25% Notes Due 2018 For USD 750 Million 42
Devon Energy Completes Public Offering Of 1.875% Senior Notes Due 2017 For USD 750 Million 44
Devon Energy Completes Public Offering Of 4.75% Senior Notes Due 2042 For USD 750 Million 46
Devon Energy Completes Public Offering Of 3.25% Senior Notes Due 2022 For USD 1 Billion 48
Asset Transactions 50
Carrizo Oil & Gas Completes Acquisition Of Oil And Gas Assets In Delaware Basin In Texas From Devon Energy For USD 215 Million 50
Devon Energy Completes Sale Of Oil And Gas Assets In Texas For USD 553 Million 52
Devon Energy To Sell Interest In 116 Gross Undrilled Locations In Texas To DowDuPont For USD 75 Million 53
Devon Energy Sells Oil And Gas Assets In US For USD 47 Million 54
Devon Energy Plans To Sell Stack Play Assets In Oklahoma 55
Penn Virginia Completes Acquisition Of Oil And Gas Assets In Texas From Devon Energy For USD 205 Million 56
Devon Energy Production Plans To Sell Oil And Gas Assets In Wyoming 58
Abraxas Completes Acquisition Of Oil And Gas Assets In Delaware Basin, Texas From Devon Energy For USD 20.9 Million 59
Thunder Creek Acquires Midstream Assets In Wyoming From Devon Energy Production 60
Devon Energy Completes Sale Of Oil And Gas Assets In Southern Midland Basin In Texas For USD 423 Million 61
Devon Energy Completes Sale Of Oil And Gas Assets In Texas For USD 525 Million 62
Devon Energy Completes Sale Of Oil And Gas Assets In Anadarko Basin In Texas For USD 310 Million 63
Pioneer Natural Resources Completes Acquisition Of 28,000 Net Acres In Northern Midland Basin In Texas From Devon Energy For USD 435 Million 64
Tecolote Energy Acquires Oil And Assets In Oklahoma From Devon Energy 66
White Star Petroleum Completes Acquisition Of Mississippi Lime And Woodford Shale Oil And Gas Assets In Oklahoma Form Devon Energy For USD 200 Million 67
BP Acquires Additional Interest In Northeast Blanco Unit In New Mexico From Devon Energy 69
Elk Petroleum Acquires 100% Interest In DJ Basin Oil Properties In Nebraska From Devon Energy For USD 0.1 Million 70
MeiDu Energy To Acquire Oil Blocks In Texas From Devon Energy For USD 3.8 Million 71
Linn Energy Completes Acquisition Of Non-Core Oil And Gas Assets In US From Devon For USD 2.24 Billion 72
Devon Energy Plans To Sell Haynesville Shale Properties In Texas 74
Canadian Natural Resources Completes Acquisition Of Conventional Oil And Gas Assets In Western Canada From Devon Canada For USD 3.1 Billion 75
Devon Canada Plans To Sell Oil And Gas Assets In British Columbia, Alberta, Saskatchewan, Manitoba 77
NorthWestern Completes Acquisition Of Natural Gas Production Assets In Bear Paw Basin Of Montana And 82% Interest In Havre Pipeline From Devon Energy For USD 70.2 Million 78
Devon Energy Plans To Sell Utica Shale Assets In Ohio 80
Devon Energy Plans To Sell Tuscaloosa Shale Assets In Louisiana And Mississippi 81
Sumitomo Completes Acquisition Of 30% Interest In 650,000 Net Acres In Permian Basin, Texas From Devon Energy For USD 1.39 Billion 82
Crestwood Midstream Partners Completes Acquisition Of Gas Gathering And Processing Assets In Johnson County, Texas From Devon Energy For USD 87 Million 84
EFL Overseas Completes Acquisition Of 22.989% Working Interest In Kotaneelee Gas Project, Canada From Devon Canada For USD 23.3 Million 85
Sinopec International Completes Acquisition Of 33.33% Interest In Five Shale Plays In US From Devon Energy For USD 2.44 Billion 86
Acquisition 88
Wolf Midstream Completes Acquisition Of 50% Stake In Access Pipeline From Devon Energy For USD 1.1 Billion 88
Devon Energy Completes Sale Of Royalty Interest In Oil And Gas Assets In Midland Basin In Texas For USD 139 Million 90
EnLink Midstream Completes Acquisition Of Victoria Express Pipeline From Devon Energy For Up To USD 220 Million 91
Meritage Midstream Services Acquires Thunder Creek Gas Services, Midstream Energy Company, From Devon Energy And PVR Partners For USD 206.6 Million 93
Devon Energy Corp-Key Competitors 95
Devon Energy Corp-Key Employees 96
Devon Energy Corp-Locations And Subsidiaries 98
Head Office 98
Other Locations & Subsidiaries 98
Recent Developments 100
License Awards 100
Aug 07, 2018: Eon acquires first lease in the Powder River Basin drill prospect 100
Financial Announcements 101
Jul 31, 2018: Devon Energy Reports Second-Quarter 2018 Result 101
May 01, 2018: Devon Energy Reports First-Quarter 2018 Results 104
Feb 20, 2018: Devon Energy Announces Three-Year Outlook And Detailed 2018 Guidance; Reports Fourth Quarter Earnings Results 107
Oct 31, 2017: Devon Energy Reports Third-Quarter 2017 Results 111
Aug 01, 2017: Devon Energy Reports Second Quarter 2017 Results 114
May 02, 2017: Devon Energy Reports First-Quarter Results 117
Feb 14, 2017: Devon Energy Reports Fourth-Quarter And Full-Year 2016 Results; Provides Updated Capital And Production Outlook 120
Other Significant Developments 123
Oct 16, 2018: Devon Energy provides operational update for Jackfish Complex 123
Aug 01, 2018: Devon Energy misses Q2 estimates after 'misplaced bet' oil prices 124
Jun 27, 2018: EnLink Midstream To Build New Delaware Basin Crude Oil Gathering System 125
Jun 06, 2018: Devon Energy Elects John Krenicki Jr. To Board Of Directors 126
Apr 13, 2018: Devon Energy to cut 300 jobs to streamline operations 127
Feb 16, 2018: BLM Announces Public Meetings For Converse County Oil And Gas Project In Eastern Wyoming 128
Jan 26, 2018: BLM Releases Draft EIS For Converse County Oil And Gas Project 129
Dec 11, 2017: First USD500,000 Received under USD18.5M Agreement 130
Dec 05, 2017: Natural Gas, Oil Industry Launch Environmental Partnership To Accelerate Reductions In Methane, Vocs 131
Sep 15, 2017: Devon Energy Provides Hurricane Harvey Production Update 134
Sep 06, 2017: Devon Energy Provides Preliminary Update Regarding Impact Of Hurricane Harvey 135
Jul 17, 2017: Devon Energy To Discuss New Records In STACK At Hart Energy's DUG Midcontinent Conference 136
Jul 11, 2017: Devon Energy Announces Record STACK Well Reaching 6,000 BOEPD Provides Development Update 137
Jul 05, 2017: Brookside Energy Provides Update On Drilling And Completion Activity 138
Jun 28, 2017: Carrizo Oil & Gas Announces Delaware Basin Acquisition And Provides Operational Update 139
Jun 02, 2017: Cheniere Energy Announces Achievement Of Regulatory And Financial Milestones For Midship Pipeline Project 141
Apr 19, 2017: Devon Energy names new executive vice president and CFO 142
Mar 17, 2017: Cheniere Energy Announces Key Commercial Agreements Signed And Binding Open Season Launched On Midship Pipeline Project 143
Mar 08, 2017: Brookside Energy Announces Next Non-Operated STACK Well Funded 144
Jan 10, 2017: U.S. Department Of The Interior Cancels Remaining Oil And Gas Leases In Montana's Badger 145
Appendix 146
Methodology 146
About GlobalData 146
Contact Us 146
Disclaimer 146
List of Figure
List of Figures
Devon Energy Corp, Oil & Gas, Deals by Type, 2012 to YTD 2018 2
Devon Energy Corp, Oil & Gas, Deals By Year, 2012 to YTD 2018 2
Devon Energy Corp, Oil & Gas, Deals By Sector, 2012 to YTD 2018 2
Devon Energy Corp, Oil & Gas, Deals By Year, 2012 to YTD 2018 8
Devon Energy Corp, Oil & Gas, Deals by Type, 2012 to YTD 2018 9
Devon Energy Corp, Oil & Gas, Deals By Region, 2012 to YTD 2018 10
Devon Energy Corp, Oil & Gas, Deals by Sector, 2012 to YTD 2018 11
List of Table
List of Tables
Devon Energy Corp, Oil & Gas, Key Facts, 2017 2
Devon Energy Corp, Oil & Gas, Deals Summary, 2012 to YTD 2018 2
Devon Energy Corp, Oil & Gas, Deals By Year, 2012 to YTD 2018 8
Devon Energy Corp, Oil & Gas Deals By Type, 2012 to YTD 2018 9
Devon Energy Corp, Oil & Gas, Deals By Region, 2012 to YTD 2018 10
Devon Energy Corp, Deals By Sector, 2012 to YTD 2018 11
Devon Energy Corp, Oil & Gas, Deals Summary, 2012 to YTD 2018 12
Devon Energy Completes Acquisition Of 80,000 Net Acres In Anadarko Basin Stack Play In Oklahoma For USD 1.51 Billion 15
Devon Energy Completes Acquisition Of 253,000 Net Acres In Powder River Basin In Wyoming For USD 499 Million 17
Devon Energy Completes Acquisition Of 50% Interest In Cana-Woodford Shale Assets In Oklahoma From Cimarex Energy For USD 248.7 Million 18
Devon Energy Completes Acquisition Of EagleFord Shale Assets From GeoSouthern Energy And Blackstone For USD 6 Billion 19
Devon Energy Completes Sale Of Interests In EnLink Midstream Partners And EnLink Midstream To Global Infrastructure Partners For USD 3.13 Billion 21
Devon Energy Plans To Form Joint Venture To Develop Oil And Gas Operations 24
Devon Energy Completes Merger Of US Midstream Assets With Crosstex Energy 25
Devon Energy Completes Public Offering Of Shares For USD 1.49 Billion 27
Devon Energy Completes Public Offering Of Common Units For USD 673.6 Million 29
Devon Midstream Withdraws IPO Of Units 31
Devon Energy Completes Public Offering Of 5.85% Notes Due 2025 For USD 850 Million 32
Devon Energy Completes Public Offering Of 5% Senior Notes Due 2045 For USD 750 Million 34
Devon Energy Completes Public Offering Of Notes Due 2015 For USD 500 Million 36
Devon Energy Completes Public Offering Of Notes Due 2016 For USD 350 Million 38
Devon Energy Completes Public Offering Of 1.2% Notes Due 2016 For USD 650 Million 40
Devon Energy Completes Public Offering Of 2.25% Notes Due 2018 For USD 750 Million 42
Devon Energy Completes Public Offering Of 1.875% Senior Notes Due 2017 For USD 750 Million 44
Devon Energy Completes Public Offering Of 4.75% Senior Notes Due 2042 For USD 750 Million 46
Devon Energy Completes Public Offering Of 3.25% Senior Notes Due 2022 For USD 1 Billion 48
Carrizo Oil & Gas Completes Acquisition Of Oil And Gas Assets In Delaware Basin In Texas From Devon Energy For USD 215 Million 50
Devon Energy Completes Sale Of Oil And Gas Assets In Texas For USD 553 Million 52
Devon Energy To Sell Interest In 116 Gross Undrilled Locations In Texas To DowDuPont For USD 75 Million 53
Devon Energy Sells Oil And Gas Assets In US For USD 47 Million 54
Devon Energy Plans To Sell Stack Play Assets In Oklahoma 55
Penn Virginia Completes Acquisition Of Oil And Gas Assets In Texas From Devon Energy For USD 205 Million 56
Devon Energy Production Plans To Sell Oil And Gas Assets In Wyoming 58
Abraxas Completes Acquisition Of Oil And Gas Assets In Delaware Basin, Texas From Devon Energy For USD 20.9 Million 59
Thunder Creek Acquires Midstream Assets In Wyoming From Devon Energy Production 60
Devon Energy Completes Sale Of Oil And Gas Assets In Southern Midland Basin In Texas For USD 423 Million 61
Devon Energy Completes Sale Of Oil And Gas Assets In Texas For USD 525 Million 62
Devon Energy Completes Sale Of Oil And Gas Assets In Anadarko Basin In Texas For USD 310 Million 63
Pioneer Natural Resources Completes Acquisition Of 28,000 Net Acres In Northern Midland Basin In Texas From Devon Energy For USD 435 Million 64
Tecolote Energy Acquires Oil And Assets In Oklahoma From Devon Energy 66
White Star Petroleum Completes Acquisition Of Mississippi Lime And Woodford Shale Oil And Gas Assets In Oklahoma Form Devon Energy For USD 200 Million 67
BP Acquires Additional Interest In Northeast Blanco Unit In New Mexico From Devon Energy 69
Elk Petroleum Acquires 100% Interest In DJ Basin Oil Properties In Nebraska From Devon Energy For USD 0.1 Million 70
MeiDu Energy To Acquire Oil Blocks In Texas From Devon Energy For USD 3.8 Million 71
Linn Energy Completes Acquisition Of Non-Core Oil And Gas Assets In US From Devon For USD 2.24 Billion 72
Devon Energy Plans To Sell Haynesville Shale Properties In Texas 74
Canadian Natural Resources Completes Acquisition Of Conventional Oil And Gas Assets In Western Canada From Devon Canada For USD 3.1 Billion 75
Devon Canada Plans To Sell Oil And Gas Assets In British Columbia, Alberta, Saskatchewan, Manitoba 77
NorthWestern Completes Acquisition Of Natural Gas Production Assets In Bear Paw Basin Of Montana And 82% Interest In Havre Pipeline From Devon Energy For USD 70.2 Million 78
Devon Energy Plans To Sell Utica Shale Assets In Ohio 80
Devon Energy Plans To Sell Tuscaloosa Shale Assets In Louisiana And Mississippi 81
Sumitomo Completes Acquisition Of 30% Interest In 650,000 Net Acres In Permian Basin, Texas From Devon Energy For USD 1.39 Billion 82
Crestwood Midstream Partners Completes Acquisition Of Gas Gathering And Processing Assets In Johnson County, Texas From Devon Energy For USD 87 Million 84
EFL Overseas Completes Acquisition Of 22.989% Working Interest In Kotaneelee Gas Project, Canada From Devon Canada For USD 23.3 Million 85
Sinopec International Completes Acquisition Of 33.33% Interest In Five Shale Plays In US From Devon Energy For USD 2.44 Billion 86
Wolf Midstream Completes Acquisition Of 50% Stake In Access Pipeline From Devon Energy For USD 1.1 Billion 88
Devon Energy Completes Sale Of Royalty Interest In Oil And Gas Assets In Midland Basin In Texas For USD 139 Million 90
EnLink Midstream Completes Acquisition Of Victoria Express Pipeline From Devon Energy For Up To USD 220 Million 91
Meritage Midstream Services Acquires Thunder Creek Gas Services, Midstream Energy Company, From Devon Energy And PVR Partners For USD 206.6 Million 93
Devon Energy Corp, Key Competitors 95
Devon Energy Corp, Key Employees 96
Devon Energy Corp, Other Locations 98
Devon Energy Corp, Subsidiaries 98
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