WPX Energy strikes $309 mln midstream deal
USA Under the terms of the deal, the US-based oil and gas independent will relinquish its pipelines in the San Juan Basin as part of the Gallup development, which produces more than 10,000 barrels of oil equivalent per day. The agreement will see that WPX remains the operator for the next two years.
In 2015, WPX sold about $575 million in assets, surpassing its yearly divestment target of $400 million-500 million.
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