Mini Marquee _Operations1

Share this page

new mexico

2Col _New Mexico _Illustration1

THE SAN JUAN BASIN IS SEEING A RESURGENCE IN DEVELOPMENT.

DOWNLOAD NEW MEXICO FACT SHEET

Gallup Oil Update

We sold our one millionth net barrel of oil from the Gallup play in September 2014 in less than 18 months after initial production while averaging 1.5 rigs during this time. 

WPX completed 47 gross (44 net) oil wells in 2014, including 21 gross (21 net) in the fourth quarter. This compares with 13 gross (13 net) for full-year 2013.

We nearly doubled our Gallup acreage position in 2014. Today we own or control approximately 85,000 net acres in the play’s oil window. 

We also reduced our spud-to-rig release time on Gallup wells by 40% to 13.5 days in 2014 vs. an average of 22.3 days in 2013. WPX’s best drilling time on a Gallup well is 8 days, set this year.

Our 2015 capital program includes $275 million to $300 million for the San Juan Basin, primarily for further development of our Gallup oil discovery.

economic impact

$300 million

2015 planned investment in local drilling and development

$10 million

Royalties received by private landowners in 2014

$33.4 million

Royalties for our wells on federal, state and Indian lands in 2014

$6.7 million

Statewide payroll in 2014

$19 million

Severance and ad valorem taxes paid in 2014

200+

Vendors and service providers we’ve used in New Mexico

 

Committed to New Mexico

The U.S. Forest Service presented WPX with the Carson National Forest 2012 Stewardship Award, which highlights the company’s efforts to help preserve natural resources in New Mexico’s Jicarilla Ranger District.

The award recognizes WPX’s use of green well completions, environmentally-sound construction practices and reducing truck traffic.

“We want to be known for doing the right thing,” said Ken McQueen, WPX’s San Juan director. “This kind of recognition validates everything we’ve done to reach out and involve others in our plans.”

Environmental Strength

The Bureau of Land Management honored WPX for a three-year effort to create an environmental assessment plan for its Middle Mesa project. We’ve also won a Cooperative Excellence award, fish and deer habitat awards and a Best Management Practices award.

Community Contacts

Learn more about WPX Energy in your community.
Contact the representative for your area:

Susan Alvillar
970.263.5315

Leasing Information

For information on leasing your mineral rights with WPX, please contact the WPX representative in your area:

Bob Miller
539.573.0193


dig deeper

Environmentally Sound

Environmentally Sound

We believe doing what is right and going far beyond what is required is the only way to operate.

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.

We Are WPX

We Are WPX

Learn more about us, our history, our corporate values and why we believe a single word – strength – personifies WPX.

Stay Informed

Stay Informed

Sign up to learn more about what we’re doing in the Bakken, Piceance, San Juan or our other areas of operation.

Inspired. Involved. We’re WPX.

prev next
We have an opening for an Acquisitions Engineer Team Lead in Tulsa, Okla. This position is responsible for leading the technical evaluation process for potential acquisitions as well as managing a team of engineers and project analysts. Bachelor's degree in engineering discipline required. MBA a plus. If you have 15 years reservoir engineering experience coupled with extensive experience evaluating reserves and value of oil and gas properties, apply for the Acquisitions Engineer Team Lead position. Visit http://goo.gl/EifCLg.
View LinkedIn Page
Lifting the export ban would keep rigs running, workers working and lower gas prices at the pump. http://goo.gl/OGd83r via @WSJ
View Tweet
We have an opening for an Acquisitions Engineer Team Lead in Tulsa, Okla. This position is responsible for leading the technical evaluation process for potential acquisitions as well as managing a team of engineers and project analysts. Bachelor’s degree in engineering discipline required. MBA a plus. If you have 15 years reservoir engineering experience coupled with extensive experience evaluating reserves and value of oil and gas properties, apply for the Acquisitions Engineer Team Lead position. Visit http://goo.gl/EifCLg.


View Post

3 core basins: Bakken, Piceance, San Juan

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

Copyright 2014 WPX Energy

×