Oil & Gas Production & Exploration
WPX Energy specializes in producing natural gas, oil and natural gas liquids from non-conventional resources such as tight-sands and shale formations, as well as from coalbed methane reserves. WPX is based in Tulsa, Okla., with operations and interests in Colorado, New Mexico, North Dakota, Pennsylvania and Wyoming, as well as Argentina and Colombia. In addition to our exploration and development activities, we also engage in natural gas sales and marketing. WPX Energy, previously a wholly owned subsidiary of Williams, became a separate, independent company as of year end 2011. Today we have an ownership interest in more than 14,000 oil and gas wells, operating just over half of them. Our production volumes are 80 percent natural gas and 20 percent crude oil and natural gas liquids.