Devon Energy said in its second quarter filing last week it expects to average from 1,660,000 and 1,690,000 boed in third quarter this year. Oil production is forecast at 550,000 to 560,000 barrels per day. And capital spending in Q3 is forecast from $1.4 billion to $1.5 billion. Clay Gaspar, president and CEO, said Aug. 4, “Our priorities are clear: continuing integration and operational excellence, delivering on our synergy commitments, moving decisively through our portfolio review, and returning meaningful capital to shareholders.”
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