PRODUCING 140,000 BBL/D

WPX now plans to average 137,000-143,000 bbl/d in the 4Q while reducing capital spending by another $50 million to a new estimate of $1.0-$1.1 billion for 2020.

RAISING FREE CASH FLOW TARGET

WPX now expects to generate more than $300 million of free cash flow in 2020, up 50 percent from its most recent estimate of $200 million.

3Q HIGHLIGHTS

WPX is now projecting LOE of $5.10-$5.40 per BOE for full-year 2020, an improvement of 14 percent vs. the company’s original midpoint estimate for the year.

MERGER SLIDE DECK

The combination of WPX and Devon creates a leading U.S. oil producer with an asset base underpinned by a premium acreage position in the Delaware Basin.

RESOURCES

WPX provides a message hotline & online portal for royalty owners. To leave a question for us, call (866) 326-3190 & provide as many details as possible after the prompt. 

LATEST NEWS

• WPX Energy Reports 3Q 2020 Results
• WPX Energy to Host Nov. 3 Webcast
• Devon Energy and WPX Energy to Combine in Merger of Equals
• WPX Energy Reports 2Q 2020 Results
• WPX Energy to Host July 30 Webcast