Rigs

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WPX deployed an average of nine drilling rigs active in the Piceance Basin during 2014, employing a combination of rigs from companies such as Nabors Drilling, Cyclone Drilling, Helmerich & Payne, and Aztec drilling.

Using nine rigs represented an increase of two over our drilling program in 2013, when we ran an average of 6.6 rigs over the course of the year.

In 2013, we spent $374 million on our Piceance drilling program. In 2014, we invested $500 million in the basin. In 2015, we plan to deploy 3 rigs and invest about $200 million.

In 2005, we initiated the development of purpose-built, high-efficiency drilling rigs which can typically drill up to 22 wells per site.