Strategic Transformation Delivering Results 300 2012 2013 2014 2015 2016 2017 2018 40 SOLD SOLD SOLD SOLD SOLD BARNETT (1Q) APCO (1Q) PICEANCE (1Q) SAN JUAN SJ GALLUP MARCELLUS (1Q) DRY GAS (1Q) 35 POWDER RIVER (3Q) (4Q) 250…
Outperformance in the Williston Basin 39% 45 300 40 250 INCREASE IN OIL VOLUMES 2Q17 vs. 2Q18 35 200 CUM MBOE MBBL/D 30 150 25 100 20 50 15 0 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 0 30 60 90 120 150 180 210 240…
Continued Progress in the Delaware 25 EDDY LEA 20 NM TX MBO/1K FT 15 LOVING CULBERSON 10 5 REEVES W P X S T A T E L I N E CUMULATIVE OIL PRODUCTION (MBO/1K)1 0 1 2 3 4 5 6 MONTHS OF PRODUCTION 7 8 9 10 11 12…
WPX Delaware Midstream Infrastructure Overview ASSETS INCLUDED IN JV ACREAGE DEDICATION 50,000 ACRES Crude Gathering System: RETAINED BY WPX No drilling or volume commitment 125,000 Bbl/d WATER SYSTEM GAS GATHERING Gas Processing…
WPX Protected from Midland Basis Widening WPXs 2019 EBITDA not impacted by widening Midland Differentials Permian peers EBITDA impacted -9% with (15.00) differential Permian peers EBITDA impacted -15% with (20.00) differential 2019…
WPX: Positioned for Long-Term Value Creation 2Q 2018 80.8 MBBL/D OIL PRODUCTION (MBBL/D)1 3Q 2015 23.5 MBBL/D 81- 1 2 3 STRONG CREATING REMAINING OIL PRODUCTION (MBBL/D)1 EXECUTION OPPORTUNITIES DISCIPLINED IN BOTH…