traded as nyse wpx industry petroleum industry founded 2011 headquarters tulsa oklahoma united states key people william g. lowrie chairman richard e. muncrief ceo & president j. kevin vann cfo 1 products petroleum natural gas natural gas liquids production output 168.6 thousand barrels of oil equivalent 1 031 000 gj per day 1 revenue us 1.888 billion 2015 1 operating income us 1.639 billion 2015 1 net income us 1.726 billion 2015 1 total assets us 8.350 billion 2015 1 total equity us 3.535 billion 2015 1 number of employees 1 040 2015 1 website http www.wpxenergy.com wpx energy inc. williams production and exploration llc is a petroleum and natural gas exploration company headquartered in the williams center in tulsa oklahoma . current operations edit the company is ranked 634 on the fortune 1000 . 2 the company s assets are primarily in the williston basin in north dakota the permian basin and the san juan basin . of the company s total 2015 average production of 168.6 barrels of oil equivalent 1 031 gj per day 21 % was petroleum 12 % was natural gas liquids and 67 % was natural gas . 1 as of december 31 2015 the company had 583 million barrels of oil equivalent 3.57 109 gj of proved reserves of which 24 % was petroleum 13 % was natural gas liquids and 63 % was natural gas . all of the company s reserves are in the united states . 1 history edit wpx energy inc. was a corporate spin off from the williams companies and executed an initial public offering in 2012 . 3 in 2015 the company sold its assets in argentina for 294 million . 4 in 2015 the company acquired rki exploration & production llc giving it assets in the permian basin . 5 in 2016 the company announced the sale of its assets in the piceance basin in colorado to terra energy partners for 910 million . 6 references edit a b c d e f g h i j wpx energy inc. 2015 form 10 k annual report fortune 500 wpx energy williams completes spinoff of its oil and gas production business . newson6.com . 2 jan 2012 . retrieved 12 april 2015 . wpx energy to receive 294 million for international interests . business wire . october 3 2014 . wpx energy completes acquisition of permian producer . business wire . august 17 2015 . wpx energy sells piceance subsidiary for 910 million . business wire . february 9 2016 . retrieved from https en.wikipedia.org w index.php title wpx energy & oldid 735956649 categories companies listed on the new york stock exchangecompanies based in tulsa oklahomacompanies established in 2012 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 24 august 2016 at 06 25 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view