Difference between revisions of "Devon Energy"

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==Devon Energy and Tar Sands==
 
==Devon Energy and Tar Sands==
  
Devon Energy is one of the largest oil sands developers and a leader in Steam Assisted Gravity Drainage technology.<ref>Claudia Cattaneo,[http://business.financialpost.com/2011/07/21/canada-to-monitor-oil-sands-pollution-eyes-keystone-pipeline/?__lsa=e120-90cb Canada to Monitor Oil Sands Pollution], Financial Post, November 7th, 2012.</ref>
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Devon Energy is one of the largest oil sands developers and a leader in Steam Assisted Gravity Drainage technology.<ref>Claudia Cattaneo,[http://business.financialpost.com/2011/07/21/canada-to-monitor-oil-sands-pollution-eyes-keystone-pipeline/?__lsa=e120-90cb Canada to Monitor Oil Sands Pollution], Financial Post, November 7th, 2012.</ref> In 2010, Devon was already producing 35,000 barrels a day from their Canadian Jackfish projects with plans to "expand its production to 200,000 barrels a day by 2020, in part through a second project with BP."<ref>Clifford Krauss and Elisabeth Rosenthal,[http://www.nytimes.com/2010/05/19/business/energy-environment/19sands.html?pagewanted=all Reliance on Oil Sands Grows Despite Environmental Risks], The New York Times, May 18, 2010.</ref>
  
 
==Personnel==
 
==Personnel==

Revision as of 21:56, 29 May 2013

{{#badges: FrackSwarm|Navbar-fracking}} Devon Energy is an independent oil and natural gas exploration and production company headquartered in Oklahoma City, Oklahoma. According to its company website, Devon's operations are "focused onshore in the United States and Canada. We also own natural gas pipelines and treatment facilities in many of our producing areas, making us one of North America's larger processors of natural gas liquids."[1] Devon claims to hold "13 million net acres, of which roughly two-thirds are undeveloped."[2] The Devon Canada Corporation division was recently awarded 2012 Producer of the Year by Oilsands Review averaging 153,873 barrels per day between their Jackfish and SAGD projects.[3]

In 2012, Devon Energy recorded total revenues of $9.502 billion.[4]

Devon Energy and Tar Sands

Devon Energy is one of the largest oil sands developers and a leader in Steam Assisted Gravity Drainage technology.[5] In 2010, Devon was already producing 35,000 barrels a day from their Canadian Jackfish projects with plans to "expand its production to 200,000 barrels a day by 2020, in part through a second project with BP."[6]

Personnel

Board of Directors

As of May 2013, Devon's Board of Directors[7] include:

  • Executive Chairman, J. Larry Nichols
  • President and CEO, John Richels
  • Robert H. Henry
  • Lead Director, John H. Hill
  • Michael M. Kanovsky
  • Robert A. Mosbacher Jr.
  • Duane C. Radtke
  • Mary P. Ricciardello.

Executive Management

As of May 2013[8]

Senior Executives

  • John Richels, President and CEO
  • Jeff A. Agosta, Executive Vice President and Chief Financial Officer
  • David A. Hager, Executive Vice President, Exploration and Production
  • R. Alan Marcum, Executive Vice President, Administration
  • Frank W. Rudolph, Executive Vice President, Human Resources
  • Darryl G. Smette, Executive Vice President, Marketing, Midstream, and Supply Chain
  • Lyndon C. Taylor, Executive Vice President and General Councel
  • William F. Whitsitt, Executive Vice President, Public Affairs

Other Executives

  • Sue Alberti, Senior Vice President, Marketing
  • Carla Brockman, Vice President, Corporate Governance and Secretary
  • Bradley A. Foster, Senior Vice President, U.S. Operations
  • David G. Harris, Vice President, Corporate Finance and Treasurer
  • Gregg L. Henson, Vice President and Corporate Controller
  • Steve Hoppe, Senior Vice President, Midstream
  • Jeremy D. Humphers, Vice President, Accounting
  • Jeffrey L. Ritenour, Senior Vice President, Investor Relations
  • Chris Seasons, Senior Vice President, Canadian Division and President Devon Canada
  • Gina E. Sewell, Vice President, Tax
  • Tony D. Vaughn, Senior Vice President, Exploration and Strategic Services
  • Vincent W. White, Senior Vice President, Communications and Investor Relations

Political Contributions

Devon, among other companies who will benefit from the Keystone XL, has donated money to the Republican Speaker of the House of Representatives and advocate for the Keystone Pipeline John Boehner.[9] During the 2010 elections, Devon gave John Boehner $5,000. Over these elections, Devon gave a total of $133,500 to Republicans of the House and $137,500 to Republicans of the Senate, compared to contributions of $15,000 to Democrats of the House and $7,500 to Democrats of the Senate. Devon's political funding totaled $293,500, 92.3% of which went to the Republican party.[10]

In the 2012 elections, Devon gave $438,500 to Republicans and only $6,000 to the Democratic party.[11] Chairman of Devon Energy, J. Larry Nichols, also gave $47,500 to the Romney campaign.[12]

Citizen action

Contact

Web: http://www.devonenergy.com


Corporate Headquarters

Devon Energy Corporation

333. W. Sheridan Avenue

Oklahoma City, OK 73102-5015


Canadian Operations

Devon Canada Corporation

2000, 400 3rd Avenue S.W.

Calgary, Alberta T2P 4H2

Tel: 403 232 7100


Media Contacts


Chip Minty

Manager, Media Relations

Tel: 405 228 8647

chip.minty@dvn.com


Nadine Barber

Manager, Public Affairs and Corporate

Communications, Canadian Division

Tel: 403 232 7695

nadine.barber@dvn.com

Resources and articles

Related Sourcewatch articles

References

  1. Devon Energy,"Deven Energy Corporation," Devon website, accessed January 17, 2013.
  2. Devon Energy,"Operations Overview," Devon website, accessed May 29, 2013.
  3. Graham Chandler,"Shrewd Operator,""Oilsands Review", December 2012.
  4. Devon Energy,2012 Annual Report, Form 10-K, accessed May 29, 2013.
  5. Claudia Cattaneo,Canada to Monitor Oil Sands Pollution, Financial Post, November 7th, 2012.
  6. Clifford Krauss and Elisabeth Rosenthal,Reliance on Oil Sands Grows Despite Environmental Risks, The New York Times, May 18, 2010.
  7. Devon Energy,"About Devon - Board of Directors,"Devon website, accessed May 29th, 2013.
  8. Devon Energy,Management Team, Devon website, accessed May 29, 2013.
  9. "Big Oil Investments Muddy Boehner's Message On Keystone XL," "Political Correction", January 18, 2012.
  10. "Devon Energy Contributions to Federal Candidates," "Open Secrets", February 4, 2013.
  11. "Devon Energy Contributions to Federal Candidates," "Open Secrets", March 25th, 2013.
  12. Laurie Bennett,"Energy Interests Pour Millions into Campaign" "Muckety", August 9th, 2012.
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