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Subsidy Tracker Individual Entry

Company: Devon Energy
Parent Company: Devon Energy
Subsidy Source: state
Location: Oklahoma
City: Oklahoma City
NAICS Industry Code: 211111
Project Description: oil & gas expansion
Year: 2013
Major Industry of Parent: oil and gas
Specific Industry of Parent: oil & gas
Subsidy Value: $66,850,000
Subsidy Value in 2023 Dollars: $87,823,699
Program Name: Quality Jobs Incentive Payment
Awarding Agency: Oklahoma Department of Commerce
Type of Subsidy: 
MEGADEAL (Archived)

Number of Jobs or Training Slots: 989
Source of Data: The value of the potential subsidy was cited in a June 4, 2013 press release issued by the state Commerce Department; online at (click here)
Notes: The subsidy is the maximum benefit the company would receive it it created 989 jobs and participated in the program for the full ten years allowed. Overlap with main Subsidy Tracker data: several QTIP payments for 2013 totaling about $3 million.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.