Global InformationWPX Energy information
 | |
| Industry | Petroleum industry |
|---|---|
| Founded | 2011 |
| Defunct | January 7, 2021 |
| Fate | Acquired by Devon Energy |
| Headquarters | Tulsa, Oklahoma, U.S. |
Key people | Richard E. Muncrief, Chairman & CEO J. Kevin Vann, CFO |
| Products | Petroleum Natural gas Natural gas liquids |
Production output | 166.9 thousand barrels of oil equivalent (1,021,000 GJ) per day (2019) |
| Revenue |  US$2.292 billion (2019) |
Net income |  US$0.256 billion (2019) |
| Total assets | US$8.413 billion (2019) |
| Total equity | US$4.515 billion (2019) |
Number of employees | 590 (2019) |
| Footnotes / references [1] | |
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 barrels of oil equivalent (1,021 GJ) 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 million barrels of oil equivalent (3.22753×109 GJ) of proved reserves, of which 56% was petroleum, 21% was natural gas liquids, and 23% was natural gas.[1]
- ^ a b "WPX Energy, Inc. 2019 Form 10-K Annual Report". U.S. Securities and Exchange Commission.