Devon Energy, Freeport LNG: Your Daily Energy News

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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.

CRUDE OIL
U.S. Crude Stocks Decline - U.S. crude oil stockpiles fell by 1.1 million barrels in the week ending December 13 to 446.8 million barrels. Gasoline and distillate inventories grew last week by 2.5 million barrels to 237.3 million barrels, and 1.5 million barrels to 125.1 million barrels, respectively. (Reuters)

CORPORATE
Devon Energy Sells Barnett Shale Assets - Devon Energy (NYSE:DVN) is selling its position in Texas' Barnett shale for $770 million. As the shale boom shifted from natural gas to crude oil and from East Texas to West Texas' Permian Basin, the Barnett has seen its activity plunge from a peak of about 200 rigs in 2008 down to just one remaining active drilling rig today, according to the weekly count from the oil field services firm Baker Hughes. (Houston Chronicle)

LNG
Freeport LNG Announces First Cargo from Train 2 in Texas - Developers announced Wednesday that the first commissioning cargo of liquefied natural gas (LNG) has been shipped from Train 2 of the Freeport LNG project on Quintana Island in Freeport, Texas. Production of LNG from Train 2 was announced on December 6, and the announcement of the first cargo is a precursor to substantial completion of Train 2. (Project 300023058) (PR Newswire)

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Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the trading, logistics and marketing communities. We are the number one source for information about electricity outages, refinery turnarounds and midstream natural gas disruptions.

About Industrial Info
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.