Exploration & Production | Drilling / Well Results | Quarterly / Earnings Reports
WPX Talks Mancos, Niobrara Discoveries; Q2 Bakken Efficiencies
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WPX Energy has reported its unaudited operating and financial results for the second-quarter of 2013.
Recent highlights include: Oil discovery in New Mexico’s San Juan Basin $18 million in unaudited 2Q net income Niobrara discovery well produces 1.4 billion cubic feet in first 180 days 30% growth in Williston Basin oil production Williston operational efficiencies driving greater number of wells in 2013 with no change in rig countRalph A. Hill, WPX’s President & CEO, commented: "We have high-performing assets and we are continuing our track record of operations and exploration success.
"We’re announcing another exploratory success – our second this year on the heels of our Piceance Niobrara gas discovery. This one is in the oil window of the San Juan Basin. The production is from the…
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