One-Page Deal Sheet
WPX Sells $200MM in Assets; Delaware Basin Acreage, Pipeline Interests
Not Disclosed WPX Energy, Inc.
Announced Date
February 04,2019
Transaction Type
Property
Enterprise Value (EV)($MM)
200
Location
Calculated Metrics( EV/Category)
Region
Permian - Delaware Basin
Country
United States
State
Texas
Play
Production Production
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Subscribe to see
WPX Energy has signed agreements to divest certain holdings for aggregate proceeds in excess of $200 million, with closings expected in the first quarter.
The buyers or individual deal details were not immediately available. The sales consist of separate transactions for an equity interest in a third-party pipeline and WPX's non-core Nine Mile Draw E&P assets in southern Reeves County, Texas.
One sale involves WPX's 20% equity interest in WhiteWater Midstream's Agua Blanca natural gas pipeline. WPX will continue to be a shipper on the line. The other sale involves roughly 5,600 net acres…Permian - Delaware Basin Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($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 | - |
- |