What is the latest status of the project “Devon Energy Permian Basin Lease Acquisition”?

The status recorded for “Devon Energy Permian Basin Lease Acquisition” is awarded.

What is the budget and commercial profile for the project “Devon Energy Permian Basin Lease Acquisition”?

Taiyo normalizes the budget of “Devon Energy Permian Basin Lease Acquisition” to USD 2630000000.

Where can I verify the source and access all details for “Devon Energy Permian Basin Lease Acquisition”?

This Taiyo project page references Upstream Online along with the original URL (https://www.upstreamonline.com/shale/us-shale-player-s-2-6-billion-permian-bet-spurs-4-billion-auction-haul-for-government-coffers/2-1-1992670). Taiyo standardizes official data into a consistent, searchable project profile.

Devon Energy Permian Basin Lease Acquisition

Sector: Oil and Gas • Location: New Mexico, Texas, United States

Source: Upstream Online

Project

Awarded

Devon Energy acquired leases to roughly 16,300 net acres in the Permian Basin through a US Bureau of Land Management lease sale, with successful bids totaling $2.63 billion. The lease sale generated $4 billion in receipts for the US government, covering 74 parcels mostly in New Mexico's southern counties, including Eddy and Lea counties.

Status: Closed
Sector: Oil and Gas, Government
Location: New Mexico, Texas, United States of America
Updated: 22 Jul 2026
Source: Upstream Online

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Project Information

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The project “Devon Energy Permian Basin Lease Acquisition” is an infrastructure initiative in the Oil and Gas sector, located in New Mexico, Texas, United States. Taiyo aggregates data on it from Upstream Online.

Participants

Not available for this record.

Status

Original status	awarded
Taiyo status	Closed
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Devon Energy acquired leases to roughly 16,300 net acres in the Permian Basin through a US Bureau of Land Management lease sale, with successful bids totaling $2.63 billion. The lease sale generated $4 billion in receipts for the US government, covering 74 parcels mostly in New Mexico's southern counties, including Eddy and Lea counties.
Original sector	Energy
Budget

Location

Country	United States of America (USA)
State	New Mexico, Texas

Source

Source	Upstream Online
URL

More Details

Record type	Project
Sector	Oil and Gas, Government
Article published date	2026-05-23

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Devon Energy Permian Basin Lease Acquisition

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