WPX Energy specializes in producing natural gas, oil and natural gas liquids from non-conventional resources such as tight-sands and shale formations, as well as from coalbed methane reserves. We’re in some of the best natural gas, natural gas liquids and oil basins in the nation: the Piceance, the Marcellus and the Bakken.
Our total proved reserves increased 5.5 percent in 2013 to 4.90 trillion cubic feet equivalent. Year-end 2013 domestic reserves were 4.76 Tcfe. Our domestic reserves reflect a mixture of 76 percent natural gas, 13 percent crude oil and 11 percent NGL.
WPX is based in Tulsa, Okla., with operations and interests in Colorado, New Mexico, North Dakota, Pennsylvania and Wyoming, as well as Argentina and Colombia. In addition to our exploration and development activities, we also engage in natural gas sales and marketing.
WPX Energy, previously a wholly owned subsidiary of Williams, became a separate, independent company as of year end 2011. Today, we have an ownership interest in more than 14,000 oil and gas wells, operating just over half of them. Our production volumes are 80 percent natural gas and 20 percent crude oil and natural gas liquids.
We’ve received 40 national, state and local awards for protecting air, land, water and quality of life, including three in 2014 so far. Honors include: A Best Management Practices Award from the national Bureau of Land Management, HydroCarbon Producer of the Year from Platts Global Energy Awards, Carson National Forest Award from the U.S. National Forest Service for our work in New Mexico, Outstanding Operations honors from the Colorado Oil and Gas Conservation Commission and recognition from the New Mexico Bureau of Land Management for protecting deer and fish habitats.VIEW OUR AWARDS