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1Q 2019 RESULTS

WPX Chief Operating Officer: "Our capital plan for 2019 is unchanged, as is our confidence in our execution. Two-mile well costs are down 17% in the Delaware Basin."

1Q SUMMARY

STRONG PERFORMANCE

Total product revenues of $507 million in first-quarter 2019 were $100 million higher than the same period a year ago. Quarterly oil sales grew 25%.

NEWS

2019 PLAN ON TRACK

Total production of 155.2 Mboe/d in 1Q 2019 was 51% higher than the same period a year ago. Liquids volumes accounted for 78% of 1Q 2019 production.

WEBCAST DECK

1Q oil volumes


oil output CLIMBS 46% vs. year ago

INNOVATORS IN THE PERMIAN & WILLISTON BASINS

OUR COMPETITIVE SPIRIT

WPX employees have won six consecutive corporate challenge cups for our involvement in the Route 66 Marathon and our charitable fundraising in the event.

VIDEO

EYE IN THE SKY

WPX is using drones for tank inspections & leak detection on our acreage in North Dakota. Learn more about our respect for the environment & our neighbors. 

FEATURE


WPX: A Total Transformation

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$WPX infrastructure in the #Permian continues to take shape. Here's the latest update on our joint venture projects… https://twitter.com/i/web/status/1131560287960731648
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Best Management Practices – Bureau of Land Management

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Copyright 2019 WPX Energy

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