WPX Energy 2Q12 Results – Marcellus Production Up 21%

WPX Energy, the former upstream drilling arm of Williams spun out into its own company last year, has just reported their second quarter financial and operating results. WPX reports second quarter gas production from the Marcellus Shale is up 21% from the first quarter and continues to rise, although many of their drilled wells in the Marcellus are currently not producing because they’re waiting to be hooked up to pipelines.

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