- Devon Energy has rapidly boosted its oil output, which in turn raised its operating cash flow.
- Three SAGD projects will generate over $1 billion in FCF a year, all while realizing oil prices of just $60 - $70 a barrel.
- More takeaway capacity in the Canadian oil sands region could increase realized prices.
- Targeting the Cana-Woodford trend through a new completion technique has proved to be very effective.
- Devon's Anadarko Basin production mix could shift to over 50%.