WPX Energy specializes in producing natural gas, oil and natural gas liquids from non-conventional resources such as tight-sands and shale formations. We’re in some of the best resource plays in the nation: North Dakota’s Williston Basin, New Mexico’s San Juan Basin and Colorado’s Piceance Basin.
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., and employs more than 1,100 people across our operations. New WPX CEO Rick Muncrief joined the company in May. He has nearly 35 years of experience in the oil and gas sector.
During third-quarter 2014, oil and liquids (NGL) sales accounted for 56 percent of WPX’s domestic product revenues of $453 million and nearly 26 percent of the company’s domestic production volumes of just over 1 billion cubic feet per day equivalent.
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