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Unconventional Yearbook 2018

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52 | January 2018 | hartenergy.com 2018 UNCONVENTIONAL YEARBOOK | KEY PLAYERS Looking ahead, "WPX's 2018 total capital bud- get is $1.1 billion to $1.2 billion, including $60 million to $90 million for midstream costs. The budget is designed to fund an average of 9.5 rigs during the year ranging from eight to 11 based on the timing of activity, including six to seven in the Delaware Basin, two to three in the Williston Basin and zero to one in the San Juan Gallup oil play," the report stated. The company's 2018 plan also includes complet- ing an inventory of about 35 drilled but uncom- pleted wells expected at year-end 2017, according to the report. WPX also expects total production in 2018 ranging from 132 Mboe/d to 143 Mboe/d, including 82 Mbbl/d to 88 Mbbl/d of oil. XTO Energy/Exxon Mobil Corp. ■ XTO has more than 3.9 million acres in 79 counties in Texas ■ Exxon Mobil ranked No. 10 on the 2017 list of Fortune Global 500 companies XTO Energy, an Exxon Mobil subsidiary, oper- ates in most of the major shales across the U.S. For the fi rst nine months of 2017, Exxon Mobil reported 511 Mbbl/d net production in the U.S., according to the company's third-quarter 2017 results report. In Texas XTO also holds more than 3.9 million acres in 79 counties and reported production of 83 Mbbl/d of oil and 1,860 MMcf/d of gas on its 2016 fact sheet. In September 2017 Exxon Mobil added 22,000 acres since May to its Permian Basin port- folio through a series of acquisitions and acreage trades, according to the company's third-quarter 2017 results report. Located in the Delaware and Midland basins, the new acreage adds more than 400 MMboe to the company's existing Permian Basin resource base of 6 Bboe. In addition, in Feb- ruary 2017 Exxon Mobil acquired 250,000 acres in the Delaware Basin from companies owned by the Bass family of Fort Worth, Texas. XTO Energy also holds 713,061 acres in 15 counties in Arkansas and reported production of 324 MMcf/d on its 2017 fact sheet. In Colorado the company holds 553,392 acres in three counties and reported production of 130 MMcf/d of gas on its 2016 fact sheet. In Kansas the company holds 777,070 acres in seven counties and reported pro- duction of 4 MMcf/d of gas on its 2017 fact sheet. In Louisiana XTO also holds 661,152 acres in 13 parishes and reported production of 3 Mbbl/d of oil and 84 MMcf/d of gas on its 2016 fact sheet. In New Mexico the company holds 685,126 acres in four counties and reported production of 9 Mbbl/d of oil and 130 MMcf/d of gas on its 2016 fact sheet. In addition, in North Dakota the company holds 486,198 acres in eight counties and reported production of 81 Mbbl/d of oil and 158 MMcf/d of gas on its 2017 fact sheet. In Ohio XTO holds 82,320 acres in two counties and reported produc- tion of 100 MMcf/d of gas on its 2016 fact sheet. In Oklahoma the company holds more than 1 mil- lion acres in 25 counties and reported production of 14 Mbbl/d of oil and 349 MMcf/d of gas on its 2017 fact sheet. In Pennsylvania the company holds 527,893 acres in 15 counties and reported produc- tion of 270 MMcf/d of gas on its 2016 fact sheet. Moreover, XTO holds 381,409 acres in two coun- ties in Utah and reported production of 46 MMcf/d of gas on its 2016 fact sheet. In West Virginia the company holds 158,794 acres in nine counties and reported production of 32 MMcf/d of gas on its 2016 fact sheet. In Wyoming XTO holds 135,240 acres in three counties and reported production of 14 MMcf/d of gas on its 2016 fact sheet. ■ As of year-end 2015, XTO had more than 3.9 million acres in Texas. (Source: XTO Energy)

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