Devon Energy Corporation (DVN) - Oil & Gas - Deals and Alliances Profile

 Published On: Aug, 2016 |    No of Pages: 153 |  Published By: GlobalData | Format: PDF
Request Free Sample

Summary

Devon Energy Corporation (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 Anadarko Basin, Barnett Shale, Eagle Ford, Mississippian-Woodford Trend, Permian Basin, and the Rockies. 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 Corporation (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.

Table of Contents
Table of Contents 2
List of Tables 5
List of Figures 7
Devon Energy Corporation, Oil & Gas, Deals By Year, 2010 to YTD 2016 8
Devon Energy Corporation, Oil & Gas Deals By Type, 2010 to YTD 2016 9
Devon Energy Corporation, Oil & Gas, Deals By Region, 2010 to YTD 2016 10
Devon Energy Corporation, Oil & Gas, Deals By Sector, 2010 to YTD 2016 11
Devon Energy Corporation, Oil & Gas, Deals Summary, 2010 to YTD 2016 12
Devon Energy Corporation, Oil & Gas, Deal Details 16
Asset Purchase 16
Devon Energy Completes Acquisition Of 80,000 Net Acres In Anadarko Basin Stack Play In Oklahoma For US$1.51 Billion 16
Devon Energy To Acquire 253,000 Net Acres In Powder River Basin In Wyoming For US$600 Million 18
Devon Energy Completes Acquisition Of 50% Interest In Cana-Woodford Shale Assets In Oklahoma From Cimarex Energy For US$248.7 Million 19
Devon Energy Completes Acquisition Of EagleFord Shale Assets From GeoSouthern Energy And Blackstone For US$6 Billion 20
Devon Energy Acquires 50% Interest In Kirby Oil Sands Leases From BP 23
Partnerships 24
Devon Energy Plans To Form Joint Venture To Develop Oil And Gas Operations 24
Devon Energy Plans To Form Joint Venture 25
Merger 26
Devon Energy Completes Merger Of US Midstream Assets With Crosstex Energy 26
Equity Offering 29
Devon Energy Completes Public Offering Of Shares For US$1.49 Billion 29
Devon Energy Completes Public Offering Of Common Units For US$673.6 Million 31
Devon Midstream Withdraws IPO Of Units 33
Devon Energy Files Shelf Registration Statement For Public Offering Of Securities 34
Debt Offering 35
Devon Energy Completes Public Offering Of 5.85% Notes Due 2025 For US$850 Million 35
Devon Energy Completes Public Offering Of Notes Due 2015 For US$500 Million 37
Devon Energy Completes Public Offering Of Notes Due 2016 For US$350 Million 39
Devon Energy Completes Public Offering Of 1.2% Notes Due 2016 For US$650 Million 41
Devon Energy Completes Public Offering Of 2.25% Notes Due 2018 For US$750 Million 43
Devon Energy Completes Public Offering Of 1.875% Senior Notes Due 2017 For US$750 Million 45
Devon Energy Completes Public Offering Of 4.75% Senior Notes Due 2042 For US$750 Million 47
Devon Energy Completes Public Offering Of 3.25% Senior Notes Due 2022 For US$1 Billion 49
Devon Energy Completes Public Offering Of 2.4% Unsecured Senior Notes Due 2016 For US$500 Million 51
Devon Energy Completes Public Offering Of 4% Unsecured Senior Notes Due 2021 For US$500 Million 53
Devon Energy Completes Public Offering Of 5.6% Unsecured Senior Notes Due 2041 For US$1,250 Million 55
Asset Transactions 57
White Star Petroleum Completes Acquisition Of Mississippi Lime And Woodford Shale Oil And Gas Assets In Oklahoma Form Devon Energy For US$200 Million 57
Pioneer Natural To Acquire 28,000 Net Acres In Northern Midland Basin In Texas From Devon Energy For US$435 Million 59
Devon Energy To Sell Oil And Gas Assets In Southern Midland Basin In Texas For US$423 Million 61
Devon Energy To Sell Oil And Gas Assets In Texas For US$525 Million 62
Devon Energy To Sell Oil And Gas Assets In Anadarko Basin In Texas For US$310 Million 63
BP Acquires Additional Interest In Northeast Blanco Unit In New Mexico From Devon Energy 64
Elk Petroleum Acquires 100% Interest In DJ Basin Oil Properties In Nebraska From Devon Energy For US$0.1 Million 65
MeiDu Energy To Acquire Oil Blocks In Texas From Devon Energy For US$3.8 Million 66
Linn Energy Completes Acquisition Of Non-Core Oil And Gas Assets In US From Devon For US$2.24 Billion 67
Devon Energy Plans To Sell Haynesville Shale Properties In Texas 69
Canadian Natural Resources Completes Acquisition Of Conventional Oil And Gas Assets In Western Canada From Devon Canada For US$3.1 Billion 70
Devon Canada Plans To Sell Oil And Gas Assets In British Columbia, Alberta, Saskatchewan, Manitoba 72
NorthWestern Completes Acquisition Of Natural Gas Production Assets In Bear Paw Basin Of Montana And 82% Interest In Havre Pipeline From Devon Energy For US$70.2 Million 73
Devon Energy Plans To Sell Utica Shale Assets In Ohio 75
Devon Energy Plans To Sell Tuscaloosa Shale Assets In Louisiana And Mississippi 76
Sumitomo Completes Acquisition Of 30% Interest In 650,000 Net Acres In Permian Basin, Texas From Devon Energy For US$1.39 Billion 77
Crestwood Midstream Partners Completes Acquisition Of Gas Gathering And Processing Assets In Johnson County, Texas From Devon Energy For US$87 Million 79
EFL Overseas Completes Acquisition Of Around 23% Working Interest In Kotaneelee Gas Project In Canada From Devon Canada 81
Sinopec International Completes Acquisition Of 33.33% Interest In Five Shale Plays In US From Devon Energy For US$2.44 Billion 82
Sun River Energy Terminates Farm-Out With Devon Energy Production 84
Chevron Acquires Marcellus Shale Acreage In Pennsylvania From Chief Oil & Gas And Tug Hill 85
BP Acquires Interest In 10 Oil And Gas Blocks In Brazil From Devon Energy 87
Maersk Oil Acquires 15% Interest In Block 16 in Angola From Devon Energy 89
EXCO Resources Acquires Natural Gas Properties In The Marcellus Shale From Chief Oil & Gas For US$459 Million 90
BP And Chevron Acquire Interest In Block 42/05, Hongkong 91
Chevron Acquires Exploration Blocks From Devon Energy 92
INPEX Southeast Caspian Sea Acquires Additional 0.96% Interest In ACG Field From Devon Energy Caspian 93
Chevron Khazar Acquires Additional 0.99% Interest In ACG Field From Devon Energy Caspian 94
Itochu Acquires Additional 0.38% Interest In ACG Field From Devon Energy 95
BP Acquires Interest In ACG Field From Devon Energy 96
Devon Energy Sells Its 24.5% Interest In Block 15/34 In Pearl River Mouth Basin For US$515 Million 97
Apache Acquires Oil & Gas Assets In The Shallow Waters Of The Gulf Of Mexico From Devon Energy For US$1.05 Billion 98
Devon Energy Sells Oil Assets In Gulf of Mexico To BP 100
A.P. Moller Acquires 20% Non Operated Interest In License BM-C-34 In Offshore Brazil 102
Statoil Acquires 15.25% Interest In St. Malo Field In Gulf Of Mexico 103
A.P. Moller Acquires Interest In Cascade, Jack And St. Malo Fields From Devon Energy Production Company 104
Petrobras Acquires 50% Interest In Cascade Field From Devon Energy 105
Acquisition 106
Wolf Midstream To Acquire 50% Stake In Access Pipeline From Devon Energy For US$1.1 Billion 106
Devon Energy To Sell Royalty Interest In Oil And Gas Assets In Midland Basin In Texas For US$139 Million 108
EnLink Midstream Completes Acquisition Of Victoria Express Pipeline From Devon Energy For Up To US$220 Million 109
Chief Oil & Gas, Tug Hill And Enerplus Acquire 55% Interest In MKR Holdings From Chesapeake For US$500 Million 111
Meritage Midstream Services Acquires Thunder Creek Gas Services, Midstream Energy Company, From Devon Energy And PVR Partners For US$206.6 Million 113
Devon Energy Corporation - Key Competitors 115
Key Employees 116
Locations And Subsidiaries 118
Head Office 118
Other Locations & Subsidiaries 118
Recent Developments 121
Strategy and Business Expansion 121
Oct 06, 2015: FTTN: Big Money Being Spent On Enhanced Oil Recovery, Setting Stage For Market Boom 121
Financial Announcements 122
Aug 02, 2016: Devon Energy Reports Second-Quarter 2016 Results 122
May 03, 2016: Devon Energy Reports First-Quarter 2016 Results 125
Feb 16, 2016: Devon Energy Reports Fourth-Quarter And Full-Year 2015 Results; Provides 2016 Capital And Production Outlook 128
Nov 03, 2015: Devon Energy Reports Third-Quarter 2015 Results 131
Aug 04, 2015: Devon Energy Reports Second-Quarter 2015 Results 134
May 05, 2015: Devon Energy Reports First-Quarter 2015 Results 136
Feb 17, 2015: Devon Energy Reports Fourth Quarter And Full Year 2014 Results; Provides 2015 Capital and Production Outlook 139
Other Significant Developments 142
Jul 18, 2016: Devon Energy Announces Successful STACK Spacing Test And Record-Setting Oil Well 142
Jul 01, 2016: White Star Closes On Acquisition Of Mississippi Lime And Woodford Shale Assets; Announces Completion Of Recapitalization Initiatives And Key Executive Appointments 143
May 04, 2016: Devon May Enhance Spending And Drilling If Oil Prices Continue To Increase 144
Apr 20, 2016: American Energy - Woodford Formalizes Name Change To White Star Petroleum With Key Executive Appointments 145
Feb 16, 2016: Devon Energy Announces Pending Retirements Of Darryl Smette, EVP Of Marketing, Facilities, Pipeline & Supply Chain, And Frank Rudolph, EVP Of Human Resources 146
Feb 16, 2016: Devon Energy To Cut 1,000 Jobs Due To Weak Oil Prices 147
Oct 28, 2015: Devon Energy Eliminates 200 Jobs In Canada 148
Oct 09, 2015: U.S. Department Of Energy: Newly Released Study Highlights Significant Utica Shale Potential 149
Aug 18, 2015: Outrigger Energy Commences Operation Of Powder River Basin Crude Oil Gathering System 150
Aug 03, 2015: Devon Energy Completes Leadership Transition As Board Of Directors Elects Dave Hager New President And Ceo, Succeeding Retiring John Richels 151
Jul 14, 2015: Suncor Energy Begins Radio Frequency Pilot At Dover Site 152
Appendix 153
Methodology 153
About GlobalData 153
Contact Us 153
Disclaimer 153

List of Tables
Devon Energy Corporation, Oil & Gas, Key Facts, 2015 1
Devon Energy Corporation, Oil & Gas, Deals Summary, 2010 to YTD 2016 1
Devon Energy Corporation, Oil & Gas, Deals By Year, 2010 to YTD 2016 8
Devon Energy Corporation, Oil & Gas Deals By Type, 2010 to YTD 2016 9
Devon Energy Corporation, Oil & Gas, Deals By Region, 2010 to YTD 2016 10
Devon Energy Corporation, Deals By Sector, 2010 to YTD 2016 11
Devon Energy Corporation, Oil & Gas, Deals Summary, 2010 to YTD 2016 12
Devon Energy Completes Acquisition Of 80,000 Net Acres In Anadarko Basin Stack Play In Oklahoma For US$1.51 Billion 16
Devon Energy To Acquire 253,000 Net Acres In Powder River Basin In Wyoming For US$600 Million 18
Devon Energy Completes Acquisition Of 50% Interest In Cana-Woodford Shale Assets In Oklahoma From Cimarex Energy For US$248.7 Million 19
Devon Energy Completes Acquisition Of EagleFord Shale Assets From GeoSouthern Energy And Blackstone For US$6 Billion 20
Devon Energy Acquires 50% Interest In Kirby Oil Sands Leases From BP 23
Devon Energy Plans To Form Joint Venture To Develop Oil And Gas Operations 24
Devon Energy Plans To Form Joint Venture 25
Devon Energy Completes Merger Of US Midstream Assets With Crosstex Energy 26
Devon Energy Completes Public Offering Of Shares For US$1.49 Billion 29
Devon Energy Completes Public Offering Of Common Units For US$673.6 Million 31
Devon Midstream Withdraws IPO Of Units 33
Devon Energy Files Shelf Registration Statement For Public Offering Of Securities 34
Devon Energy Completes Public Offering Of 5.85% Notes Due 2025 For US$850 Million 35
Devon Energy Completes Public Offering Of Notes Due 2015 For US$500 Million 37
Devon Energy Completes Public Offering Of Notes Due 2016 For US$350 Million 39
Devon Energy Completes Public Offering Of 1.2% Notes Due 2016 For US$650 Million 41
Devon Energy Completes Public Offering Of 2.25% Notes Due 2018 For US$750 Million 43
Devon Energy Completes Public Offering Of 1.875% Senior Notes Due 2017 For US$750 Million 45
Devon Energy Completes Public Offering Of 4.75% Senior Notes Due 2042 For US$750 Million 47
Devon Energy Completes Public Offering Of 3.25% Senior Notes Due 2022 For US$1 Billion 49
Devon Energy Completes Public Offering Of 2.4% Unsecured Senior Notes Due 2016 For US$500 Million 51
Devon Energy Completes Public Offering Of 4% Unsecured Senior Notes Due 2021 For US$500 Million 53
Devon Energy Completes Public Offering Of 5.6% Unsecured Senior Notes Due 2041 For US$1,250 Million 55
White Star Petroleum Completes Acquisition Of Mississippi Lime And Woodford Shale Oil And Gas Assets In Oklahoma Form Devon Energy For US$200 Million 57
Pioneer Natural To Acquire 28,000 Net Acres In Northern Midland Basin In Texas From Devon Energy For US$435 Million 59
Devon Energy To Sell Oil And Gas Assets In Southern Midland Basin In Texas For US$423 Million 61
Devon Energy To Sell Oil And Gas Assets In Texas For US$525 Million 62
Devon Energy To Sell Oil And Gas Assets In Anadarko Basin In Texas For US$310 Million 63
BP Acquires Additional Interest In Northeast Blanco Unit In New Mexico From Devon Energy 64
Elk Petroleum Acquires 100% Interest In DJ Basin Oil Properties In Nebraska From Devon Energy For US$0.1 Million 65
MeiDu Energy To Acquire Oil Blocks In Texas From Devon Energy For US$3.8 Million 66
Linn Energy Completes Acquisition Of Non-Core Oil And Gas Assets In US From Devon For US$2.24 Billion 67
Devon Energy Plans To Sell Haynesville Shale Properties In Texas 69
Canadian Natural Resources Completes Acquisition Of Conventional Oil And Gas Assets In Western Canada From Devon Canada For US$3.1 Billion 70
Devon Canada Plans To Sell Oil And Gas Assets In British Columbia, Alberta, Saskatchewan, Manitoba 72
NorthWestern Completes Acquisition Of Natural Gas Production Assets In Bear Paw Basin Of Montana And 82% Interest In Havre Pipeline From Devon Energy For US$70.2 Million 73
Devon Energy Plans To Sell Utica Shale Assets In Ohio 75
Devon Energy Plans To Sell Tuscaloosa Shale Assets In Louisiana And Mississippi 76
Sumitomo Completes Acquisition Of 30% Interest In 650,000 Net Acres In Permian Basin, Texas From Devon Energy For US$1.39 Billion 77
Crestwood Midstream Partners Completes Acquisition Of Gas Gathering And Processing Assets In Johnson County, Texas From Devon Energy For US$87 Million 79
EFL Overseas Completes Acquisition Of Around 23% Working Interest In Kotaneelee Gas Project In Canada From Devon Canada 81
Sinopec International Completes Acquisition Of 33.33% Interest In Five Shale Plays In US From Devon Energy For US$2.44 Billion 82
Sun River Energy Terminates Farm-Out With Devon Energy Production 84
Chevron Acquires Marcellus Shale Acreage In Pennsylvania From Chief Oil & Gas And Tug Hill 85
BP Acquires Interest In 10 Oil And Gas Blocks In Brazil From Devon Energy 87
Maersk Oil Acquires 15% Interest In Block 16 in Angola From Devon Energy 89
EXCO Resources Acquires Natural Gas Properties In The Marcellus Shale From Chief Oil & Gas For US$459 Million 90
BP And Chevron Acquire Interest In Block 42/05, Hongkong 91
Chevron Acquires Exploration Blocks From Devon Energy 92
INPEX Southeast Caspian Sea Acquires Additional 0.96% Interest In ACG Field From Devon Energy Caspian 93
Chevron Khazar Acquires Additional 0.99% Interest In ACG Field From Devon Energy Caspian 94
Itochu Acquires Additional 0.38% Interest In ACG Field From Devon Energy 95
BP Acquires Interest In ACG Field From Devon Energy 96
Devon Energy Sells Its 24.5% Interest In Block 15/34 In Pearl River Mouth Basin For US$515 Million 97
Apache Acquires Oil & Gas Assets In The Shallow Waters Of The Gulf Of Mexico From Devon Energy For US$1.05 Billion 98
Devon Energy Sells Oil Assets In Gulf of Mexico To BP 100
A.P. Moller Acquires 20% Non Operated Interest In License BM-C-34 In Offshore Brazil 102
Statoil Acquires 15.25% Interest In St. Malo Field In Gulf Of Mexico 103
A.P. Moller Acquires Interest In Cascade, Jack And St. Malo Fields From Devon Energy Production Company 104
Petrobras Acquires 50% Interest In Cascade Field From Devon Energy 105
Wolf Midstream To Acquire 50% Stake In Access Pipeline From Devon Energy For US$1.1 Billion 106
Devon Energy To Sell Royalty Interest In Oil And Gas Assets In Midland Basin In Texas For US$139 Million 108
EnLink Midstream Completes Acquisition Of Victoria Express Pipeline From Devon Energy For Up To US$220 Million 109
Chief Oil & Gas, Tug Hill And Enerplus Acquire 55% Interest In MKR Holdings From Chesapeake For US$500 Million 111
Meritage Midstream Services Acquires Thunder Creek Gas Services, Midstream Energy Company, From Devon Energy And PVR Partners For US$206.6 Million 113
Devon Energy Corporation, Key Competitors 115
Devon Energy Corporation, Key Employees 116
Devon Energy Corporation, Other Locations 118
Devon Energy Corporation, Subsidiaries 118

List of Figures
Devon Energy Corporation, Oil & Gas, Deals by Type, 2010 to YTD 2016 1
Devon Energy Corporation, Oil & Gas, Deals By Year, 2010 to YTD 2016 1
Devon Energy Corporation, Oil & Gas, Deals By Region, 2010 to YTD 2016 1
Devon Energy Corporation, Oil & Gas, Deals By Sector, 2010 to YTD 2016 1
Devon Energy Corporation, Oil & Gas, Deals By Year, 2010 to YTD 2016 8
Devon Energy Corporation, Oil & Gas, Deals by Type, 2010 to YTD 2016 9
Devon Energy Corporation, Oil & Gas, Deals By Region, 2010 to YTD 2016 10
Devon Energy Corporation, Oil & Gas, Deals by Sector, 2010 to YTD 2016 11


If the above report does not have the information suitable for your business, we can provide custom research that can be lucrative for your business or enhance your profession.