WPX Marcellus Assets Being Shopped in “Controlled Auction”

As MDN has pointed out for some time now, Elvis, er um, WPX has left the building. Meaning WPX, although finishing up wells already permitted and started in the Marcellus--will not drill any new wells in the Marcellus. Does that mean landowners should be concerned that WPX will sell their already-drilled (and producing) wells in the Marcellus? In February, WPX spokeswoman Susan Oliver told MDN the company is definitely not selling their already drilled wells--100 of them or so (see WPX Gives MDN an Update on Their 2014 Marcellus Plans). However, an analysis by a trusted energy analyst has us wondering...

To view this content, log into your member account. (Not a member? Join Today!)