WPX Energy, Inc. (Williams Production and Exploration) was a company engaged in hydrocarbon exploration. It was organized in Delaware and headquartered in Tulsa, Oklahoma. In 2021, the company merged with Devon Energy.
All of the company's assets were in either the Williston Basin (42% of 2019 production) or the Permian Basin (58% of 2019 production). Of the company's total 2019 average production of 166.9 BOE per day, 62% was petroleum, 16% was natural gas liquids, and 22% was natural gas. As of December 31, 2019, the company had 527.559 e6BOE of proved reserves, of which 56% was petroleum, 21% was natural gas liquids, and 23% was natural gas.[1]
History
- In January 2012, the company completed the corporate spin-off from the Williams Companies and became a public company.[2]