Texas-East

Devon Energy Corp., Oklahoma City, said it has substantially derisked 74,000 of its 110,000 net acres in the Haynesville shale gas play in the greater Carthage, Tex., area and has identified about 800 drilling locations on the acreage.

By OGJ editors
HOUSTON, Aug. 5
– Devon Energy Corp., Oklahoma City, said it has substantially derisked 74,000 of its 110,000 net acres in the Haynesville shale gas play in the greater Carthage, Tex., area and has identified about 800 drilling locations on the acreage.

The company estimated a resource of more than 3 tcf of gas equivalent on the 74,000 acres.

Devon is drilling a well in San Augustine County to evaluate its acreage in the southern part of the Haynesville play.

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