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HOUSTON, May 27 (Reuters) - Apache Corp. and Devon Energy Corp. said on Wednesday they have been shutting in some oil and gas wells as a precautionary measure because of heavy rains this week in Texas and Oklahoma. Apache said it was temporarily closing wells to prepare for flooding near the Brazos River in the Eagle Ford shale oil field in Texas, the top producer of U.S. oil. It said any production impact would likely be minimal as only a tiny portion of all its wells would be shut. Devon said it has shut in wells in affected areas, but did not specify where the closures were made or how many might be impacted. (Reporting By Houston Newsroom)
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Devon Energy Corporation
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CODE : DVN |
ISIN : US25179M1036 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Devon Energy is a and oil producing company based in United states of america. Devon Energy holds various exploration projects in Canada. Its main exploration property is JACKFISH OIL SANDS PROJECT in Canada. Devon Energy is listed in United States of America. Its market capitalisation is US$ 27.4 billions as of today (€ 25.5 billions). Its stock quote reached its lowest recent point on August 18, 1995 at US$ 10.00, and its highest recent level on February 22, 2008 at US$ 99.19. Devon Energy has 525 000 000 shares outstanding. |