DVN · 8-K · 20260804PR332824

Upstream Production Volume

DEVON ENERGY CORP/DE · 2026-08-04 · Importance 32 · Surprise 24

Second-quarter production averaged 1,359,000 Boe per day, while oil production averaged 503,000 barrels per day. Both total production and oil production reached the top end of company guidance. The outperformance was driven by better-than-expected well performance, primarily in the Delaware Basin. Devon operated 34 drilling rigs and 10 completion crews and placed 120 net operated wells online during the quarter.

Key facts

• 120 net operated wells were placed online in the second quarter with an average lateral length of 10,800 feet. source
• Averaged 503,000 barrels of oil production per day in the second quarter. source
• Operational activity in the second quarter averaged 34 operated drilling rigs and 10 completion crews. source
• Production averaged 1,359,000 Boe per day in the second quarter. source