Devon Energy’s departure from Oklahoma is latest in long list

Devon’s decision to move its headquarters out of Oklahoma is the latest data point in a long-standing pattern in the state’s energy sector of corporate flight.

For more than a century, Oklahoma has served as a cornerstone of the American energy industry, developing a robust ecosystem. 

Tulsa was really the reason Oklahoma entered international prominence, earning the “Oil Capital of the World” title in the early 1900s, namely with the discovery of the Glenn Pool oil field, according to the Metropolitan Library System. Several other oil field discoveries in the area followed throughout the 1910s and 1920s.