WPX Energy began as a business unit of pipeline company The Williams Companies, which owned properties in the San Juan Basin in the 1980’s.
Today the company is an oil and gas exploration, marketing, and production company that owns properties that produce oil, natural gas, and natural gas liquids in the Rocky Mountains, Pennsylvania, North Dakota, Wyoming, Colorado, and New Mexico. In addition, WPX owns 69% of the South American company Apco Oil and Gas International.
WPX has total proven reserves of 4.9 trillion cubic feet of natural gas equivalent.
WPX Energy trades publicly on the New York Stock Exchange under the ticker symbol WPX, is a member of the S&P 400, is #776 in the Fortune 1000, has 1,100 employees, and had $3.06 billion in revenue in 2014.
WPX Energy
WPX Energy began as a business unit of pipeline company The Williams Companies, which owned properties in the San Juan Basin in the 1980’s.
Today the company is an oil and gas exploration, marketing, and production company that owns properties that produce oil, natural gas, and natural gas liquids in the Rocky Mountains, Pennsylvania, North Dakota, Wyoming, Colorado, and New Mexico. In addition, WPX owns 69% of the South American company Apco Oil and Gas International.
WPX has total proven reserves of 4.9 trillion cubic feet of natural gas equivalent.
History
WPX Energy trades publicly on the New York Stock Exchange under the ticker symbol WPX, is a member of the S&P 400, is #776 in the Fortune 1000, has 1,100 employees, and had $3.06 billion in revenue in 2014.
Dear WPX: I have a client who owns 47,000 mineral acres in the Marathon Overthrust of far West Texas. He would like to lease this acreage and see it developed. It has the same geology as the Pinion and Longfellow Fields of Pecos County, Texas just 25 miles to the north. There are hundreds of wells in those two fields. We have more information on this prospect if you might have an interest. My phone number is 361-594-XXXX. Thanks. Tom Couch