One-Page Deal Sheet
WPX Enters the Permian; Acquires RKI Exploration
WPX Energy, Inc. Rki Exploration & Production, Llc
Announced Date
July 14,2015
Close Date
August 17,2015
Transaction Type
Corporate
Enterprise Value (EV)($MM)
2750
Asset/Basin:
{"Permian - Delaware Basin"}
Net Acres
Proved Reserves
Location
Calculated Metrics( EV/Category)
Region
Permian - Delaware Basin
Country
United States
State
Texas
County
Loving ,Winkler ,Reeves ,Pecos
Play
Production & Reserves Production
Production Mix
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
$/Location
Transaction Details: Require Private Equity Subscription
Closing Announcement - August 17, 2015
WPX Energy has announced that it has successfully closed the purchase of privately held RKI Exploration & Production, LLC.
With the merger complete, WPX now has a substantial presence in the core of the Permian’s Delaware Basin that includes:
Approximately 22,000 boe/d of existing production – more than half of which is oil; Approximately 92,000 net acres – approximately 98 percent of which is held by production; More than 3,600 gross risked drilling locations across stacked pay intervals; and More than 375 miles of scalable gas gathering and water…Permian - Delaware Basin Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Mar-10-2026 |
-  |
- |
Click here | Texas | E&P |
| Sep-02-2025 |
- |
- |
Click here | Texas | E&P |
| May-07-2025 |
- |
- |
Click here | New Mexico | E&P |
| May-03-2025 |
- |
- |
Click here | New Mexico | E&P |
| Nov-13-2024 |
- |
- |
Click here | New Mexico | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Jul-30-2024 | Permian Resources Acquires More Delaware Basin Property | - |
- |
| Jul-28-2024 | Vital Energy Acquires Delaware Basin Property From PE-Backed E&P | - |
- |
| Jun-12-2024 | Matador Resources Acquires PE-Backed Ameredev For $1.9 Billion | - |
- |