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Devon Energy has agreed to sell its non-core position in the Anadarko Basin's Granite Wash area for $310 million.
Net production associated with these properties averaged 14,000 Boe per day
The Granite Wash is a tight-gas play located in the Anadarko Basin, which spans across the Texas Panhandle and southern Oklahoma. The play is generally known for its deep natural gas resources, which can be found at depths up to 17,000 feet.