Monday, May 18, 2026
Devon Energy-oilandgas360

Shale producer Devon Energy curtails 10,000 bbls per day of oil production

BIC Shale producer Devon Energy Corp has curtailed roughly 10,000 barrels per day of oil production, its chief executive said at an energy conference on Tuesday, but said Devon still expects to end the year with output flat with 2019 levels, as reported by Reuters. U.S. oil and gas companies have slashed spending and pared production amid a sharp slide in

Weekly Gas Storage: Inventories increase by 76 Bcf- oil and gas 360

Weekly Gas Storage: Inventories increase 85 Bcf

Natural Gas Inventories as of June 12, 2020 The EIA has released its natural gas inventory report, showing a net increase of 85 Bcf as of June 12, 2020. Working gas in storage was 2,892 Bcf as of Friday, June 12, 2020, according to EIA estimates. This represents a net increase of 85 Bcf from the previous week. Stocks were