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Devon was founded in 1971 by John Nichols (1914-2008) and his son, J. Larry Nichols. [4] In 1988, the company became a public company via an initial public offering. [4]In October 2012, the company completed construction of its current headquarters, the 50-story Devon Energy Center in Oklahoma City, Oklahoma and closed its office in the Allen Center in Downtown Houston.
Downtown Oklahoma City Skyline in Oklahoma City, Okla. on Friday, Nov. 17, 2023. CHRIS LANDSBERGER/THE OKLAHOMAN FILE More than half of the nation’s jobs created in the past five years have come ...
In May 2023, Cushing was selected as the site for a $5.56 billion crude oil refinery for processing 250,000 barrels per day of light and sweet crudes into low-carbon transportation fuels. [31] The next-generation refinery, built with a goal of zero-carbon footprint operation, should be operational in 2027. [31]
Until 2005, Kerr-McGee had two major divisions: chemical and oil-related. On November 21, 2005, its chemical division, based in Oklahoma City, was sold as an IPO, Tronox, thereby making Oklahoma City home to the administrative side of Kerr-McGee, while exploration and production management was located in Denver and Houston.
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Expand Energy Corporation is a natural gas exploration and production company headquartered in Oklahoma City. It was previously known as Chesapeake Energy Corporation.. In 2023, the company produced 3,470 MMcf of natural gas per day. [1]
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