Devon Energy Leads Record $4 Billion U.S. Government Oil and Gas Auction

The U.S. Bureau of Land Management held a record $4 billion auction for oil and gas drilling rights on federal lands in New Mexico and Texas, with Devon Energy (DVN) securing the largest share at $2.5 billion.

By Carl Surran, SA News Editor · Seeking Alpha · May 21, 2026, 00:08 UTC

Devon Energy Leads Record $4 Billion U.S. Government Oil and Gas Auction

Tickers: $DVN

Topics: BLM auction federal lands oil drilling

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