Muncrief

WPX Keeps Capex in Check as Cost Savings Escalate in Permian Delaware

Tulsa-based WPX Energy Inc. remains on track to stay within its original capital budget and within its production range for the year as cost savings are realized across its No. 1 target, the Permian Basin.

May 3, 2019

WPX Touts Steady Growth in Permian, Williston into 2020

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.

November 2, 2018
WPX CEO Says RKI’s Permian Portfolio ‘The Whole Enchilada’

WPX CEO Says RKI’s Permian Portfolio ‘The Whole Enchilada’

Natural gas producer WPX Energy Inc. on Tuesday agreed to buy RKI Exploration & Production LLC’s Permian Basin operations in a transaction worth $2.75 billion, which would increase liquids reserves by one-third and substantially add to the drilling inventory.

July 14, 2015
WPX CEO Says RKI’s Permian Portfolio ‘The Whole Enchilada’

WPX CEO Says RKI’s Permian Portfolio ‘The Whole Enchilada’

Natural gas producer WPX Energy Inc. on Tuesday agreed to buy RKI Exploration & Production LLC’s Permian Basin operations in a transaction worth $2.75 billion…

July 14, 2015