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Devon Energy: A Mineral Owner's Guide

What mineral owners need to know about this Oklahoma-based multi-basin operator.

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Quick answer

Devon Energy operates across the Delaware Basin and Oklahoma's SCOOP/STACK. If you own mineral rights or royalties under Devon-operated wells, Buckhead Energy makes a free, no-obligation written offer to buy your interest directly.

Names you may see on your royalty check

Royalties from Devon Energy may arrive under any of these payor names — subsidiaries, operating companies, or acquired/legacy operators. If a name on your check stub or 1099 matches one below, this is your operator:

Devon Energy Production Company WPX Energy Validus Energy Grayson Mill Energy

Buckhead Energy is an independent mineral & royalty buyer and is not affiliated with, endorsed by, or representing the operators named here. Names are listed only to help owners identify their payor.

Company Overview

Headquarters: Oklahoma City, Oklahoma

Stock Ticker: NYSE: DVN

Company Type: Independent E&P

Primary Basins: Delaware Basin, SCOOP/STACK, Bakken, Eagle Ford

Status: Multi-basin U.S. operator

Founded: 1971


Devon Energy is one of the leading independent oil and gas producers in the United States, headquartered in Oklahoma City. The company has a long history of operating in Oklahoma and expanded significantly through its 2021 merger with WPX Energy.

Devon is known for its multi-basin approach, operating across four major U.S. producing regions. This diversification provides operational flexibility and exposure to different commodity mixes across oil-weighted and gas-weighted plays.

WPX Energy Merger (2021)

Devon merged with WPX Energy in 2021, significantly expanding their Delaware Basin position. If you previously received royalties from WPX, your payments now come from Devon Energy. Your lease terms remain unchanged.

Primary Operating Areas

Delaware Basin (Texas & New Mexico)

Devon's largest operating area, enhanced by the WPX merger. Key counties include:

Lea County, NM - Core Delaware Basin

Eddy County, NM - Delaware operations

Loving County, TX - Wolfcamp/Bone Spring

Reeves County, TX - Delaware Basin

SCOOP & STACK (Oklahoma)

Devon's legacy Oklahoma operations in the Anadarko Basin. Key counties include Canadian, Kingfisher, Grady, and Blaine counties.

Williston Basin (North Dakota)

Devon operates in the Bakken and Three Forks formations, primarily in McKenzie and Williams counties.

Eagle Ford (South Texas)

Devon maintains Eagle Ford operations in DeWitt and Lavaca counties, producing light oil from horizontal wells.

What Mineral Owners Should Know

Advantages

DevonConnect portal: Excellent online access to statements and account management

Oklahoma headquarters: Accessible to mineral owners in major producing states

Multi-basin expertise: Experience across diverse operating environments

Strong dividend: Focus on returning capital to shareholders

Considerations

Post-merger integration: WPX owners may have experienced transitions

Portfolio changes: Devon has divested some assets over time

Large organization: Corporate processes can take time

Owner Relations Contact

Phone: 1-800-879-4113

Online Portal: DevonConnect at devonconnect.com

Mail: Devon Energy Corporation, Owner Relations, P.O. Box 1400, Oklahoma City, OK 73101

Frequently Asked Questions

Devon's owner relations department can be reached at 1-800-879-4113. You can also access your account through DevonConnect at devonconnect.com.

Devon Energy merged with WPX Energy in 2021. If you received royalty payments from WPX, your payments now come from Devon Energy. Your lease terms remain unchanged.

Devon operates primarily in the Delaware Basin (Permian), SCOOP and STACK plays in Oklahoma's Anadarko Basin, the Williston Basin (Bakken), and the Eagle Ford Shale in South Texas.

Considering Selling Your Minerals?

Buckhead provides a free written offer. Our offer comes at no cost and no obligation.

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Related Resources

Disclaimer: This information is for educational purposes only and is not affiliated with or endorsed by Devon Energy. Contact information and company details may change.

Key Takeaways

  • Guide to Devon Energy for mineral owners. Learn about their Delaware Basin and SCOOP/STACK operations, DevonConnect portal, and working with Devon.
  • Buckhead Energy is a direct buy-side firm; sellers pay no broker commissions, listing fees, or auction premiums.

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Buckhead Energy buys mineral and royalty interests across all 50 states and has completed acquisitions in 33 states. Buckhead Energy is a direct buyer, not a broker — we purchase mineral and royalty interests with our own capital. Buckhead Energy has been buying mineral and royalty interests since 2006. Buckhead Energy holds an A+ rating with the Better Business Bureau (as of August 2025).

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