WORKING IN ONE OF THE WORLD'S MOST PROLIFIC PLAYS
WPX operates in the core of the Permian’s world-class Delaware Basin where the company has aproximately 135,000 net acres and more than 6,400 gross drillable locations. WPX has seven rigs deployed in the basin.
WPX’s total Delaware production averaged 28.9 Mboe/d in the first quarter, up 15 percent vs. fourth-quarter 2016. First-quarter Delaware oil production rose 13 percent vs. the most recent quarter.
In the first quarter, WPX brought 12 Wolfcamp A 1-mile laterals online – including four from the Panther operations – and two vertical DUCs from a prior bolt-on acquisition in 2016. WPX also is completing a 2-mile Wolfcamp A lateral from the Panther properties and is in the process of bringing its fourth and fifth Wolfcamp D wells online.
WPX spud 20 Delaware wells in the first quarter, including three wells associated with the Panther operations. The spuds include 14 Wolfcamp A wells, four Wolfcamp D wells, a Wolfcamp C well and a well in the Third Bone Spring Lime interval. Nine of the spuds were long laterals ranging from 1.5 to 2 miles.
Of the first-quarter spuds, the CBR 6-7B-3H Wolfcamp A 2-mile lateral currently ranks as the longest single run, conventionally drilled slim-hole lateral in Loving County, Texas. The new record is 10,580 feet.
Additionally, the Lindsay 10-15G-20H is WPX’s first Wolfcamp C well, scheduled for completion in June.