
The Oil Company that Slipped Into the Permian “Under The Cover of Darkness”
From the Journal of Petroleum Technology WPX Energy’s decision to reconfigure its portfolio and buy into the Permian during the downturn was a bold one not viewed favorably by its shareholders at the time. Now, with its operator peers bidding almost $100,000/acre for nearby land, the company can confidently say it was a pacesetter. “We had the sheer opportunity under

