MarketWPX Energy
Company Profile

WPX Energy

WPX Energy, Inc. was a company engaged in hydrocarbon exploration. It was organized in Delaware and headquartered in Tulsa, Oklahoma. In 2021, the company merged with Devon Energy.

History
• In January 2012, the company completed the corporate spin-off from the Williams Companies and became a public company. • In June 2014, the company sold a working interest in some of its wells in the Piceance Basin to Legacy Reserves LP for $355 million. • In May 2015, the company sold Marcellus Shale marketing contracts for $200 million. • In June 2015, the company acquired 14,300 net acres in the Gallup, New Mexico oil window of the San Juan Basin for $26 million. • In August 2015, the company acquired RKI Exploration & Production, LLC, giving it assets in the Permian Basin. • In September 2015, the company sold its remaining mature coalbed methane properties in Wyoming's Powder River Basin for $80 million. • In October 2015, the company sold its assets in Argentina for $294 million. • In March 2016, the company sold its San Juan Basin gathering system for $309 million. • In April 2016, the company sold its assets in the Piceance Basin to Terra Energy Partners for $911 million. • In January 2017, the company acquired assets in the Permian Basin for $775 million. • In 2018, the company sold its assets in the San Juan Basin for $775 million. • In January 2021, the company merged with Devon Energy. ==References==
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