County

WPX to invest heavily in Piceance field

TULSA, OKLA. I WPX Energy (NYSE: WPX) has announced its 2014 capital plan of $1.47 billion (midpoint), with approximately 85 percent of spending allocated to Williston, Piceance and San Juan Gallup development.
The 2014 highlights are scheduled to include: 39 percent planned increase in domestic oil volumes; 62 Williston Basin oil wells (gross) planned — an increase of 25 percent versus 2013; 29 San Juan Gallup oil wells planned — nearly doubling 2013 activity; Recent…