Devon Energy Corporation is an independent oil and gas exploration production company and one of North America’s larger processors of natural gas liquids. The company’s production mix is about 65 percent natural gas and 35 percent oil and natural gas liquids, such as propane, butane and ethane.
Devon has identified sufficient oil sands in the Athabasca region of Alberta to support an additional 35,000 barrel per day (5,565 m3/d) standalone project. Devon’s Jackfish 2 (J2) Project will use Steam Assisted Gravity Drainage (SAGD) and could produce 35,000 barrels per day of bitumen for twenty years. Total recoverable reserves for J2 are estimated at over 300 million barrels.