Devon’s Eagle Ford operations are located in DeWitt county. This world-class light-oil position is delivering outstanding well results offering some of the highest rate-of-return drilling opportunities in North America.
The company’s acreage is essentially derisked with at least one well drilled in each drilling unit. Activity in DeWitt has consistently delivered industry-leading results, making it the economic sweet spot in the Eagle Ford play. Devon's Eagle Ford production is leveraged to oil and has low-cost access to premium gulf coast pricing, providing for very solid operating margins.
|Eagle Ford Key Stats|
|Production (2017 net):||62 MBOED (74% liquids)
11% of company
|Reserves (12/31/17):||60 MMBOE
3% of company
|2018e E&P Capital:||$250 million|