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PERMIAN BASIN

Permian proved reserves increased 76 percent from a year ago to 252.4 MMBoe at year-end 2017. We're currently running seven drilling rigs in the basin.

Williston Basin

We recently drilled the two highest-producing horizontal oil wells in the history of the Williston Basin where we have emerged as a technical and operational leader.

MIDSTREAM BUSINESS

Everyone knows that infrastructure is going to be absolutely critical in the Permian Basin. And we’re already executing a very effective game plan. 

 

 

six years running

WPX HAS POSTED A LONG STRING OF DOUBLE-DIGIT OIL GROWTH 

COMPANY FACT SHEET

SECOND-QUARTER 2018 HIGHLIGHTS

  • 2Q oil volumes climbed to 80,800 bbl/d, 23% higher than 1Q
  • 2Q Delaware oil volumes grew 94% vs. year ago
  • 2Q Williston oil volumes up 39% vs. year ago
  • 2Q total liquids, including NGLs, were approximately 100,000 bbl/d
  • WPX raising 2018 oil guidance 3% to 78,000-82,000 bbl/d for full-year
  • Company has already more than replaced San Juan Basin oil volumes divested in 1Q

A DETERMINED LEADER

Our Chairman & CEO Rick Muncrief (center) transformed WPX's culture and completely overhauled the company's portfolio, placing our emphasis on the world-class Permian Basin. Institutional Investor recently named Rick as one of the best CEOs in the Midcap E&P space.

SEE RICK'S BIO


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The Strength of Our People

The Strength of Our People

Learn what it’s like to work at WPX. We’re always looking for great people to join our team.

Shared Interests

Shared Interests

We’re committed to the environment and quality of life in all of our communities.

Williston Basin

Williston Basin

WPX has reduced cycle times in the Williston Basin by more than 30% since we entered the Bakken Shale oil play.

Our Values

Our Values

The need to speak with integrity, clarity and transparency is the only way we know to do business. You can count on the strength of our word.

WPX: A Total Transformation

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WPX CEO: "Our transformation competes with some of Wall Street's top-performing companies." The transcript of our 2Q webcast is available at https://bit.ly/2vFm6P7
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$WPX CEO: "Our transformation competes with some of Wall Street's top-performing companies." The transcript of our… https://twitter.com/i/web/status/1029047987656372230
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Rapidly shifted production mix to more than 50% oil

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