Full-Time
Facilities Engineering Technologist
Posted on 11/23/2025
Devon Energy
1,001-5,000 employees
Independent oil and natural gas producer
No salary listed
Oklahoma City, OK, USA
In Person
 Operations & Logistics (1) |
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- Requires a minimum of five years of experience working in the Oil and Gas Industry as a Technologist or Data Analyst, preferably in E&P Operations specializing in areas such as Production, Facilities, Infrastructure or Midstream.
- Must have experience in Spotfire or other BI tools, WellView and other Peloton software.
- Bachelor's Degree and/or commensurate work experience is required.
- Develop methods to standardize both static and real-time data acquisition, reporting, integration, and visualizations for the Midstream Operations Teams.
- Focus on continual improvement of current BI processes and capabilities, including the integration of new business solutions into existing business processes.
- Use advanced data management and analytics tools to retrieve and prepare integrated datasets. (Ex. WellView, Actenum, Prodview, Snowflake, Power BI, BIDW, TOW, OSIsoft PI system tools, and Spotfire)
- Play integral role in supporting the Midstream Operations team in troubleshooting data quality related issues to Midstream Operations reporting and software.
- Work closely with technicians and field personnel to correct data problems, promote best practices and reporting concepts
- Work under limited supervision to perform complex assignments such as maintaining files, performing calculations, and gathering/tabulating data
- Prioritize and complete complex, concurrent projects aligned with team/division goals, following project management standards, and demonstrating organizational consistency.
- Apply an understanding of terminology, applications, and standard procedures for performing the engineering technician job function.
- Mentor employees, providing technical training and support, while demonstrating extensive technical knowledge and originality in devising solutions to complex business and technical issues in production.
- Champion data quality efforts, creating sustainable reports, and recommending innovative solutions, and demonstrating acumen through extensive knowledge of operational principles, industry practices, and standards.
- Work with engineers and more senior engineering technologists to apply intermediate and advanced skills in the application of relevant software packages.
- Lead report generation based on standard procedures and coordination of data retrieval, collection, loading, manipulation, and management, while working with other teams, disciplines or departments, as required.
- Evaluate, interpret, and summarize data and document conclusions, research well files and incorporates data into/generates reports from inhouse information databases and systems, and utilizes skill and judgment to solve highly compl
- Lead monitoring and analysis of midstream data to identify trends and address operational issues.
Devon Energy is an independent energy company focused on exploring, developing, and producing oil and natural gas in the United States. It operates mainly in basins such as the Delaware Basin, Powder River Basin, and Anadarko Basin, where it acquires and develops assets, drills and operates wells, and sells crude oil, natural gas, and natural gas liquids. It differentiates itself through disciplined asset portfolio management, operational efficiency, and a commitment to sustainability, including reducing carbon intensity and freshwater use and engaging with its value chain and communities. Its goal is to grow value by expanding its asset base, improving production economics, and lowering its environmental footprint while supporting local communities.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Oklahoma City, Oklahoma
Founded
1971
Simplify's Take
What believers are saying
- Coterra merger unlocks $1B annual synergies by 2027.
- Business Optimisation Plan 85% complete, boosting free cash flow.
- Multi-year gas deals capitalize on AI-driven natural gas shortages.
What critics are saying
- Coterra merger integration fails, inflating debt in 12-18 months.
- Winter storms cut Q1 2026 production, missing guidance.
- Crude price volatility drops 2026 EPS 11.4% to $3.58.
What makes Devon Energy unique
- Premier Delaware Basin position anchors high-quality shale assets.
- 193% reserve replacement rate achieved at $6 per BOE.
- 15% stake in Fervo Energy advances geothermal diversification.
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Benefits
Wellness Program
Company News
Devon Energy (“Devon”) (NYSE: DVN) and Coterra Energy (“Coterra”) (NYSE: CTRA) today announced the signing of a definitive agreement to merge in an all-stock transaction. The combination will create a leading large-cap shale operator with a high-quality asset base anchored by a premier position in the economic core of the Delaware Basin. The combined company will be named Devon Energy and will be headquartered in Houston while maintaining a significant presence in Oklahoma City. The formation of this premier company is expected to unlock substantial value by leveraging each company’s core strengths and through the realization of $1 billion in annual pre-tax synergies. The realization of synergies, technology-driven capital efficiency gains and optimized capital allocation will drive near and long-term per share growth. KEY HIGHLIGHTS Transformative merger combines high-quality assets and complementary technical capabilities Creates a scaled, large-cap EP with leading inventory
Devon Energy has announced an all-stock merger with Cotera Resources that would create a roughly $58 billion combined entity, targeting $1 billion in annual pre-tax synergies by 2027. Piper Sandler upgraded the stock to overweight with a $67 price target, implying approximately 45% upside from current levels around $46.25. The merger aims to transform Devon from a cyclical commodity play into a scaled free-cash-flow generator through operational integration and improved capital allocation across premium Permian and Delaware basin acreage. Management plans to increase the fixed quarterly dividend by 31% to $0.315 per share post-merger, subject to board approval. However, near-term headwinds persist. Fourth-quarter 2025 revenues fell 10.6% year-over-year to $4.06 billion, and management warned that severe winter storms would disrupt first-quarter 2026 production. Execution risks and commodity price volatility remain key variables.
Devon Energy has agreed to an all-stock merger with Coterra Energy, targeting substantial annual pre-tax synergies and planning a material dividend increase once the transaction closes. The combined company aims to capture operating efficiencies and reshape its scale and asset mix. Devon has also entered into multi-year gas marketing agreements tied to its natural gas production. Management is positioning around expectations of a structural natural gas shortage linked to AI data centre power needs and growing LNG capacity. The stock currently trades at $46.25, approximately 12% below the analyst consensus target of $51.88. Simply Wall St flags the shares as trading around 77% below its fair value estimate. The company carries a high debt level, which may prove significant if integration costs or gas prices diverge from expectations.
Oil prices are set to spike following US and Israeli strikes on Iran over the weekend, targeting the country's nuclear weapons programme, government and military facilities. The attacks threaten traffic through the Strait of Hormuz, through which 20% of global oil supplies and seaborne natural gas pass. Reuters reported a tanker fire in the Strait on Sunday, whilst around 150 tankers carrying crude oil, petroleum products and liquefied natural gas dropped anchor across the Middle East. The market impact was immediate, with oil prices surging on Monday morning. US energy producers are positioned to benefit from higher prices, particularly those operating in regions unaffected by the conflict. Pure-play shale basin operators with low breakeven costs and proximity to Gulf Coast export facilities stand to gain most from the price spike.
Devon Energy Corporation received a reaffirmed Outperform rating and $51 price target from Mizuho on 18 February. The company reported fourth-quarter revenue of $4.12 billion, beating analyst estimates of $4.03 billion, whilst adjusted earnings per share of $0.82 matched expectations. Devon also exceeded projections for free cash flow and EBITDA. The company's Business Optimisation Plan, targeting $1 billion in savings, is 85% complete and on track for completion by end of 2026. First-quarter 2026 volumes fell slightly short due to winter storm Fern, though full-year 2026 guidance remained largely aligned with expectations. Devon also announced a roughly 15% stake in Fervo Energy through a Series E funding round. The company focuses on oil, natural gas and natural gas liquids exploration and production in the United States.