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DRILLING & COMPLETIONS VP

Our vice president of D&C Rich Downey talks about coming to WPX, owning safety and having a value-driven rationale behind pilot tests and trials in the field.

STORY

CEO SPEAKS AT SCOTIA

WPX Chairman & CEO Rick Muncrief is scheduled to speak at the Scotia Howard Weil energy conference in New Orleans on Monday, March 26. 

SLIDE DECK

climbing higher 

OIL IS THE ENGINE AT WPX

 

 Projectedoil Production Growth Chart Hannah4q17

48% OIL GROWTH IN 2017

4Q 2017 WELL PERFORMANCE

WPX had 24 first sales in the Delaware Basin during the fourth quarter, marking its highest level in 2017. There were 18 completions in the Wolfcamp A interval; five X/Y wells and one D well.

A 1.5-mile Wolfcamp X/Y lateral on the Lindsay 10-3 pad posted a 24-hour high of 3,634 Boe/d during initial production. It has 90-day cumulative production of 242,000 Boe (55% oil).

A 2-mile Wolfcamp D lateral on the CBR 6-7 pad posted a 24-hour high of 3,639 Boe/d during initial production. It has 90-day cumulative production of 203,000 Boe (34% oil).

WPX’s 1.5-mile Lindsay 10-15 pad continues to show strong results from the Wolfcamp A formation. WPX now has 90-day cumulative production of 1,050,000 Boe (55% oil) from five long laterals. Cumulative 90-day oil production from the five wells exceeds 576,000 barrels.

In the Williston Basin, WPX’s first two North Sunday Island wells have 120-day cumulative production of more than 576,000 Boe (81% oil), consisting of 298,000 Boe from the Hidatsa North 14-23HX well and 278,000 Boe from the Mandan North 13-24HW well.

According to internal and public data, WPX’s North Sunday Island wells have the highest cumulative oil production over 90-day and 120-day periods for individual horizontal wells in the history of the Williston Basin.

These are the first two of 23 wells WPX has planned in the North Sunday Island area. Seven wells on the Arikara pad are scheduled for completion late in first-quarter 2018. Another 11 wells are being drilled – seven on the Hidatsa pad and four on the Mandan North pad.

WPX had six first sales in the Williston during the fourth quarter – all two-mile laterals from the Mandaree South and Mabel Levings pads. Three are Bakken Wells and three are Three Forks wells.

Four of the six fourth-quarter completions had 24-hour peak rates of approximately 3,400 Boe/d or better. The highest rate occurred on the Mandaree South 25-36HC well which posted 3,837 Boe/d (81% oil). 

SEE THE DATA

THE TRANSFORMATION CONTINUES

WPX has done nearly $8 billion of transactions, transformed its portfolio and doubled oil production under Rick Muncrief's watch. Learn more. 



Transfer Agent

Our transfer agent is Computershare. Please contact them at:

P.O. Box 30170, College Station, TX 77842-3170
800.884.4225 or 781.575.2879
Website: www.computershare.com

Contact Investor Relations

David Sullivan
539.573.9360
WPXInvestorRelations@WPXEnergy.com



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CAREERS

CAREERS

In addition to a 401k match, WPX also makes annual contributions to employee 401k accounts ranging from 6-8% of salary based on age.

SAN JUAN BASIN

SAN JUAN BASIN

WPX has more than 217,000 net acres in the San Juan Basin, including approx. 85,000 acres in the Gallup oil window.

We Are WPX

We Are WPX

Learn more about us, our history and our values. At WPX, we’re inspired, involved and determined.

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Stay Informed

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WPX: A Bias For Action

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A $5 billion turnaround story

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Copyright 2014 WPX Energy

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