Devon Energy and HXMX will present joint research at IMAGE 2026 showing that an automated interpretation platform can pick formation tops as reliably as expert geoscientists across a large Williston Basin dataset. The study, authored by Drew Kreman and Kevin Pelton of Devon Energy and Alan Lindsey of HXMX, benchmarks HXMX's automated formation-top picking against traditional manual correlation, with automated picks matching expert picks with strong accuracy across most intervals. It also introduces Triangulated Cross-Validation, a method that checks each automated pick against every other well in a set and reports consistency in feet, giving geoscientists a direct, quantitative measure of uncertainty. The presentation is scheduled for August 19, 2026, at 8:00 a.m. in Room 372A of the George R. Brown Convention Center in Houston.
Devon Energy CorporationDevon Energy co-authors a study validating HXMX's automated interpretation, but no direct impact on Devon's operations or financials is stated.
HXMX's automated platform is validated as matching expert geoscientists, a positive technology development for the company.