Post Tagged with: "WPX Energy"

Source: Crestwood Equity Partners

Crestwood Bolsters its Midstream Assets in the Bakken

By Tyler Losier, Energy Reporter, Oil & Gas 360

Commercial operations begin at the Bear Den II processing plant
Crestwood Equity Partners LP (stock ticker: CEQP), a Houston-based master limited partnership, has begun commercial operations at its Bear Den II

How to Turn $125 Million into a Half Billion Dollars

How to Turn $125 Million into a Half Billion Dollars

Follow WPX's lead: develop, sell pipeline infrastructure in Texas
A subsidiary of WPX Energy (stock ticker: WPX) and its joint venture partner in the Oryx II pipeline have completed the sale of a pipeline project.

WPX received net proceeds of

Delaware Basin Takeaway Grows: Howard Energy Partners Adds Crude, Gas Gathering Capacity

Delaware Basin Takeaway Grows: Howard Energy Partners Adds Crude, Gas Gathering Capacity

Additional acreage dedication will drive further growth
By Richard Rostad, analyst, Oil & Gas 360

Additional gas takeaway has arrived for the Delaware Basin, helping to alleviate the worst takeaway crunch in U.S. shale. Howard Energy Partners announced it has

The Oil Company that Slipped Into the Permian “Under The Cover of Darkness”

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 …

Courtesy of WPX Energy

WPX Announces Conversion of Mandatory Convertible Preferred Stock

WPX Energy (NYSE: WPX) today announced the expected conversion rate for the company’s 6.25 percent Series A Mandatory Convertible Preferred Stock issued on July 22, 2015.

WPX has approximately 4.8 million shares of preferred stock outstanding. Holders of the preferred …

July 23, 2018 - 5:55 pm Closing Bell Story‎, Energy News, Finance, TOGC23
WPX Energy to Present at The Oil and Gas Conference

WPX Energy to Present at The Oil and Gas Conference

WPX Energy, Inc. (NYSE: WPX)

Company Overview

WPX Energy, headquartered in Tulsa, OK, is an independent energy producer with core positions in the Permian and Williston basins. WPX’s production is approximately 80 percent oil/liquids and 20 percent natural gas. …

July 12, 2018 - 10:58 am Closing Bell Story‎, TOGC23
WPX Energy, Delaware basin. Three drilling rigs on multi-well pads. L to R: Orion Drilling, Pegasus on the CBR 22-10H, Aries on the CBR 22-14H.

How WPX has Avoided the Takeaway Problem in the Permian Basin: An Oil & Gas 360® Exclusive

Last week a new report was released that detailed a “stunning” production forecast for the Permian. The Permian is forecasted to more than double its 2017 oil production level of 2.5 MMb/d to 5.4 MMb/d by 2023, according to IHS …

Billionaire Cooperman Looks for $70 WTI, Names His Oil & Gas Stock Picks

Billionaire Cooperman Looks for $70 WTI, Names His Oil & Gas Stock Picks

From CNBC

Billionaire investor Leon Cooperman predicted U.S. oil’s rise to $60 a barrel, and now he says it could hit $70.

“I think the supply-demand outlook is favorable, and we would not be surprised to see oil reaching $70 …

February 8, 2018 - 2:06 pm Closing Bell Story‎, Energy News
WPX Energy Adds Upside in the Permian  

WPX Energy Adds Upside in the Permian  

An exclusive Oil & Gas 360® interview with WPX Energy VP of Midstream and Marketing Greg Horne, as WPX and Howard Energy Partners step on the accelerator

In the early days of summer, WPX Energy (ticker: WPX) and privately held …

EnerCom’s 2017 Conference Day Two Breakout Notes: WPX

EnerCom’s 2017 Conference Day Two Breakout Notes: WPX

WPX Energy Breakout Notes

Clay Gaspar, COO and senior vice president of WPX Energy, Inc., (ticker: WPX) presented today at EnerCom’s The Oil & Gas Conference® 22.

Tulsa-headquartered WPX Energy is an oil and gas producer with operations in the …

The Best Acquisitions Are Not All in the Permian: a Comparison of 4 U.S. Deals

The Best Acquisitions Are Not All in the Permian: a Comparison of 4 U.S. Deals

Markets reward companies making good transactions, but sometimes even the Permian can’t move the needle

The most recent downturn in oil and gas prices has forced the industry to find the most economic acreage available in order to generate returns …

WPX Energy: Keeping its Permian Basin Service Costs in Check – an Oil & Gas 360® Exclusive

WPX Energy: Keeping its Permian Basin Service Costs in Check – an Oil & Gas 360® Exclusive

Planning in the supply chain: industry expects service costs to rise 10%-15%, but WPX has a firm handle on costs in the Permian

Everyone knew it would happen eventually: service costs are going on the rise. Halliburton (ticker: HAL) talked

WPX Gobbles Up 120,000 Delaware Acres, Ups Drilling Program with $775 Million Acquisition

WPX Gobbles Up 120,000 Delaware Acres, Ups Drilling Program with $775 Million Acquisition

WPX Energy acquires 6.5 MBOEPD of production and 120,000 net acres in the Delaware Basin

WPX Energy (ticker: WPX) announced today that the company has acquired Panther Energy Company II, LLC and Carrier Energy Partners, LLC, expanding its footprint in …

WPX Energy Board Adds Chairman’s Title to Company’s CEO

WPX Energy Board Adds Chairman’s Title to Company’s CEO

WPX Energy’s (ticker: WPX) board of directors has unanimously elected Richard E. “Rick” Muncrief as it next chairman, effective Jan. 1, 2017. Muncrief also is WPX’s president and chief executive officer, positions he has held since May 15, 2014.

Since …

WPX Energy Plans to Grow Oil Production Another 25% in 2017

WPX Energy Plans to Grow Oil Production Another 25% in 2017

WPX focused on growing three prolific plays; projects 25% oil growth in 2017; 50% oil growth in 2018

WPX Energy released its Q3 numbers Wednesday, reporting a loss of $245 million, $238 million of which was due to the divestment …

WPX Energy: Its Clear Vision is Paying Off in the U.S.A.’s Hottest Oil Play

WPX Energy: Its Clear Vision is Paying Off in the U.S.A.’s Hottest Oil Play

An Oil & Gas 360® Exclusive Interview with WPX Energy VP of Drilling and Completions Tom Hellman

Since 2014, WPX Energy (ticker: WPX) has been neck-deep in a full speed turnaround.

Its management team has completed more than $5 billion …

WPX More than Doubles Resource Potential Estimates in the Delaware Basin

WPX More than Doubles Resource Potential Estimates in the Delaware Basin

WPX Energy reports 15% higher oil volumes in the Delaware

WPX Energy (ticker: WPX) released its second quarter results today, reporting that the company joined the 100,000-acre club in the Delaware Basin.

WPX undertook a $5.5 billion transformation to become …

WPX: Can History Repeat Itself? – An Oil & Gas 360® Exclusive Interview with WPX CEO Rick Muncrief

WPX: Can History Repeat Itself? – An Oil & Gas 360® Exclusive Interview with WPX CEO Rick Muncrief

A story of tremendous growth

In today’s oil price environment in particular, oil and gas companies are looking for ways to drive growth while at the same time becoming highly efficient at conducting their operations.

Few energy executives have been …

WPX Sells Piceance Subsidiary, Focuses on Permian

WPX Sells Piceance Subsidiary, Focuses on Permian

WPX Energy Inc. (ticker: WPX; WPXEnergy.com) announced on February 9, 2016, that the Company will sell its WPX Energy Rocky Mountain subsidiary business, which focuses on the Piceance Basin of Colorado. The WPX Piceance subsidiary was acquired by Terra …

WPX Energy Ends an Active 2015 with Gathering System Sale

WPX Energy Ends an Active 2015 with Gathering System Sale

Industry-wide divestiture levels were down on a year-over-year basis in 2015, but WPX Energy (ticker: WPX) did more than its fair share on the mergers and acquisitions front.

On December 31, 2015, the Tulsa-based exploration and production company announced the …

WPX Energy – Day Two Breakout Notes

WPX Energy – Day Two Breakout Notes

Richard E. Muncrief, President and Chief Executive Officer of WPX Energy (NYSE: WPX), presented today at EnerCom’s The Oil & Gas Conference 20®.

WPX Energy develops and operates oil and gas producing properties in North Dakota, New Mexico and Colorado. …

August 18, 2015 - 1:03 pm 2015 TOGC Two, Oil and Gas 360 Articles
ExxonMobil Increases Position in the Permian with 48,000 Acre Acquisition

ExxonMobil Increases Position in the Permian with 48,000 Acre Acquisition

ExxonMobil executes two deals for Permian acreage

ExxonMobil (ticker: XOM) announced that it has acquired 48,000 acres in the core of the Midland Basin through the execution of two agreements. The agreements include an acquisition and farm-in adjoining XOM subsidiary …

WPX Energy Adds Permian Basin to Portfolio with $2.75 Billion Acquisition

WPX Energy Adds Permian Basin to Portfolio with $2.75 Billion Acquisition

WPX Establishes Fourth Core Area

Wells Provide 30% Return at $60/barrel

WPX Energy (ticker: WPX) is moving into the most prolific oil play in the United States.

On July 14, 2015, the Tulsa-based company announced the acquisition of privately held …

WPX Energy Boosts Williston Basin Type Curve to 750 MBOE

WPX Energy Boosts Williston Basin Type Curve to 750 MBOE

EUR Increase of 25%

WPX Energy (ticker: WPX), a Tulsa-based exploration and production company with focus areas in the Piceance, San Juan and Williston basins, is preparing to ramp up activity in the second half of 2015. The company announced …

WPX Energy Tacks on Acreage in the San Juan Basin

WPX Energy Tacks on Acreage in the San Juan Basin

WPX Energy (ticker: WPX) added 14,300 net acres to its San Juan Basin asset on June 22, 2015, increasing its overall position in the region to 100,000 net acres. WPX believes it holds 500 gross drilling locations across the Gallup …