WPX Energy will average three
wells in the Bakken during 2019. The
company recently cut company-wide
capex from $1.45-1.65 billion to $1.1-
1.28 billion in order
to keep spending
within cash flow. Guidance has been
set at 149,000-161,000 boe/d (63%
oil), down from a prior projection of
159,000-171,000 boe/d. FY18 output
was projected to be in the 123,000-
130,000 boe/d......
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