Citing 54% oil production growth over the past 12 months, WPX Energy Inc.’s CEO on Thursday acknowledged that 3Q2018 results were “slightly short of expectations,” but predicted growth would double next year in the Permian and Williston basins.
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WPX Sticking with Bakken, Permian Development in 2018
Tulsa-based WPX Energy Inc., which has turned its focus to the Permian Basin in the past couple of years, remains committed to the Bakken Shale, executives said Thursday during a conference call to discuss quarterly earnings.
November 3, 2017