WPX Supports 2016 Economic Summit

La Plata County’s annual economic summit takes place on Wednesday, Oct. 26, from 7:30-5 p.m. in Ignacio, Colo. More information is available here.

More than 300 small business owners, executives, non-profit leaders and public officials from the Four Corners Region are expected to attend the event.

Since our local natural gas operations in the San Juan Basin extend north into Colorado, WPX is sponsoring the event again. A sneak peek at our ad for this year’s event program is already available. The ad focuses on the $350 million+ investment we made in the region last year.

The benefit we bring to the economy comes from:

  • Our capital spending to drill new wells and build new gathering pipes
  • The royalties we pay for our oil and gas production on federal, state and Indian lands
  • The ad valorem and severance taxes we pay
  • Our state-wide payroll in New Mexico.

We currently have more than 80 employees at our office in Aztec. What we do also creates business for others. Over the years, we have hired more than 200 vendors and service providers in the region.

 

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