Devon to close Houston office, cut workforce

Devon Energy Corp. plans to close an office in Spring, Texas, north of Houston, according to Fuel Fix. The move will result in the elimination of approximately 60 jobs. A small number of employees affected by the closure will move to Devon’s corporate headquarters in Oklahoma City, Oklahoma.

Devon partially runs its Eagle Ford shale operations from Spring, though its property there is also managed from Oklahoma City and Cuero, Texas. The company plans to continue operating its Eagle Ford property from its Cuero field office.

Fuel Fix noted that Devon announced in February it would cut 1,000 employees, about 20% of its workforce.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Making DDoS Mitigation Part of Your Incident Response Plan: Critical Steps and Best Practices

Like a new virulent strain of flu, the impact of a distributed denial of service (DDoS) attack is...

The Multi-Tax Challenge of Managing Excise Tax and Sales Tax

To be able to accurately calculate multiple tax types, companies must be prepared to continually ...

Operational Analytics in the Power Industry

Cloud computing, smart grids, and other technologies are changing transmission and distribution. ...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...