Mergers & Acquisitions · May 21, 2026

Devon Energy completed the acquisition of 16,300 net undeveloped acres in the Delaware Basin within Lea and Eddy…

DVNDevon Energy Corp

Devon Energy completed the acquisition of 16,300 net undeveloped acres in the Delaware Basin within Lea and Eddy Counties, New Mexico. The transaction was valued at approximately $2.6 billion, representing a cost of roughly $161,500 per net acre.