Press release from Business Wire
Federal, State Regulators Honor WPX Energy
Thursday, May 31, 2012
Federal, State Regulators Honor WPX Energy18:18 EDT Thursday, May 31, 2012
AZTEC, N.M. (Business Wire) -- WPX Energy (NYSE:WPX) received two awards this month for its
collaborative efforts in planning and developing operations in the San
Juan Basin.
The company received the awards from the New Mexico Bureau of Land
Management and the U.S. Forest Service.
The state BLM office in Farmington, N.M., honored WPX for a three-year
effort to create an environmental assessment plan for its Middle Mesa
project, while closely collaborating with area environmental groups to
protect native wildlife, namely mule deer.
Middle Mesa, located about 70 miles east of Farmington, is a planned
drilling program to develop natural gas from the Mancos Shale formation.
The company ultimately developed 32 mitigation measures, including
tactics for quieter operations, reduced emissions, and the re-use of
produced water and flowback water from existing operations to
hydraulically fracture new wells.
“We appreciate the company's cooperation and attention to detail during
the planning process,” said Dave Mankiewicz, minerals manager for the
BLM Farmington field office.
Although WPX's plans for developing Middle Mesa have been deferred in
the current natural gas price environment, the environmental assessment
plan is still in place.
The U.S. Forest Service presented WPX with the Carson National Forest
2012 Stewardship Award, which highlights the company's efforts to help
preserve natural resources in New Mexico's Jicarilla Ranger District.
The award pinpoints WPX's use of green well completions, environmentally
sound construction practices and reducing truck traffic.
“We want to be known for doing the right thing,” said Ken McQueen, WPX's
San Juan director. “This kind of recognition validates everything we've
done to reach out and involve others in our plans.”
WPX has 123,000 net acres under lease in the San Juan Basin where the
company operates approximately 880 natural gas wells and holds a joint
ownership interest in another 2,500 wells.
In 2011, WPX paid approximately $28 million in royalties for its wells
on federal, state and Indian lands in the San Juan Basin, as well as
another $12 million in severance, conservation, school and ad valorem
taxes.
Fifty-five people work at the company's field office in Aztec, which has
a local payroll of more than $4 million.
Since 2000, the Aztec office has garnered 10 awards for wildlife
protection, environmental stewardship, making improvements to public
roads and implementing best practices, including the two most recent
honors.
More information about the company's oil and gas development activity is
available at www.wpxenergy.com.
WPX EnergySusan Alvillar, 970-263-5315
