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oil & gas

IT’S WHAT WE DO.

About Us

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 25 years of experience in the oil and gas sector.

During our most recent quarter (2Q 2014), oil and liquids (NGL) sales accounted for 47 percent of WPX’s total product revenues. Domestic oil revenue grew 60 percent quarter-over-quarter from $121 million a year ago to $194 million in second-quarter 2014. 

Awards

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.

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CLAY GASPAR JOINS WPX

WPX is adding a new member to its leadership team. Gaspar will serve as senior vice president of operations and resource development effective Oct. 27.

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CEO ON STRATEGY

“We’re defining what success looks like and providing a means to track our progress. This is part of creating a high accountability culture at WPX.”

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Our Heritage

WPX Energy has three decades of experience in exploration and production. You may have previously known us as Williams E&P. We became a separate, independent company at year-end 2011 and began publicly trading as WPX on Jan. 3, 2012.

OUR HISTORY


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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.

Operations

Operations

We’re in some of the best natural gas, oil and natural gas liquids basins in the nation.

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.

A neighbor in your community

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District Completions Manager will be located in North Dakota with job duties: Manages daily district completions activities and Leads a team consisting initially of Consultants and Vendors required to execute well operations from drilling rig release until the well(s) are ready to be turned over to production. Through these indirect reports; manage well completions including fracturing, wireline,
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$WPX CEO: Our 20/20 Vision is based on the assets we currently have under the hood http://goo.gl/86f2SO #oil #natgas
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In less than 18 months, we have taken our oil exploration in the San Juan Basin from zero locations to more than 400, while reducing average well costs in the basin by 26 percent compared to 2013. “Scale drives efficiency,” said CEO Rick Muncrief. “All three of our core resource plays have opportunities to increase returns through cost reductions and other operational efficiencies, especially with cycle times, GP&T expense and D&C costs.” Read more: http://goo.gl/Qwwb2S


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Interests in 14,000 U.S. Oil & Gas wells

This website may contain forward-looking statements. Please review our forward-looking statement disclaimer here.

Copyright 2014 WPX Energy

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