Current DVN Stock Info

Devon Energy (ticker: DVN) announced July 11th that it had brought a record setting well to production. The well reached a 24-hour peak production rate of 6,000 BOEPD, 50% of which was oil. The record-setting well, called the Privott 17-H, produced out of the Meramec in the STACK play.

The well’s initial production rate is the highest of any STACK well by a significant margin. Devon believes that the well will produce over two million BOE over its life. The well itself was drilled with a 10,000 foot lateral landed in the upper Meramec interv...

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