U.S. rig count drops, with Permian Basin drilling at its lowest since February 2022, according to Baker Hughes.

The Permian Basin, the premier U.S. shale-oil production region, is rapidly developing into much more complex territory.

Consequently, the board approved a 9% increase to Devon's fixed dividend starting in the first quarter of 2025. Devon enjoys ideally located acreage in core portions of the basins it operates in.

Senator César J. Blanco has filed several bills this legislative session to support communities in the Permian Basin, strengthen Texas’ energy economy, and address ...