Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0362
Expires: January 31, 2005
Estimated average burden hours per response... 1.0

1. Name and Address of Reporting Person *
Sailor Rodney
2. Issuer Name and Ticker or Trading Symbol
WPX ENERGY, INC. [WPX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Financial Officer, Sr VP
(Last)
(First)
(Middle)

ONE WILLIAMS CENTER
3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2011
(Street)


TULSA, OK 74172
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Reporting
(check applicable line)

_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Common Stock 12/31/2011   J(1) 82 A $ 0 82 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units $ 10.86 12/31/2011   A 12,075     (2)   (2) Common Stock
12,075
$ 10.86 12,075
D
 
Restricted Stock Units $ 10.86 12/31/2011   A 19,321   02/23/2012 02/23/2012 Common Stock
19,321
$ 10.86 12,075
D
 
Restricted Stock Units $ 21.22 12/31/2011   A 7,752     (2)   (2) Common Stock
7,752
$ 21.22 7,752
D
 
Restricted Stock Units $ 21.22 12/31/2011   A 12,403   02/23/2013 02/23/2013 Common Stock
12,403
$ 21.22 12,403
D
 
Restricted Stock Units $ 29.73 12/31/2011   A 6,247     (2)   (2) Common Stock
6,247
$ 29.73 6,247
D
 
Restricted Stock Units $ 29.73 12/31/2011   A 9,995   02/24/2014 02/24/2014 Common Stock
9,995
$ 29.73 9,995
D
 
Options (Right to Buy) $ 10.68 12/31/2011   A 4,006   02/25/2005 02/25/2015 Common Stock
4,006
$ 10.68 4,006
D
 
Options (Right to Buy) $ 11.32 12/31/2011   A 1,335   07/19/2005 07/19/2015 Common Stock
1,335
$ 11.32 1,335
D
 
Employee Options (Right to Buy) $ 12 12/31/2011   A 5,139   03/03/2007 03/03/2016 Common Stock
5,139
$ 12 5,139
D
 
Employee Options (Right to Buy) $ 12 12/31/2011   A 5,141   03/03/2008 03/03/2016 Common Stock
5,141
$ 12 5,141
D
 
Employee Options (Right to Buy) $ 12 12/31/2011   A 5,142   03/03/2009 03/03/2016 Common Stock
5,142
$ 12 5,142
D
 
Employee Options (Right to Buy) $ 15.67 12/31/2011   A 5,688   02/26/2008 02/26/2017 Common Stock
5,688
$ 15.67 5,688
D
 
Employee Options (Right to Buy) $ 15.67 12/31/2011   A 5,688   02/26/2009 02/26/2017 Common Stock
5,688
$ 15.67 5,688
D
 
Employee Options (Right to Buy) $ 15.67 12/31/2011   A 5,692   02/26/2010 02/26/2017 Common Stock
5,692
$ 15.67 5,692
D
 
Stock Options (Right to Buy) $ 20.21 12/31/2011   A 5,502   02/25/2009 02/25/2018 Common Stock
5,502
$ 20.21 5,502
D
 
Stock Options (Right to Buy) $ 20.21 12/31/2011   A 5,502   02/25/2010 02/25/2018 Common Stock
5,502
$ 20.21 5,502
D
 
Stock Options (Right to Buy) $ 20.21 12/31/2011   A 5,506   02/25/2011 02/25/2018 Common Stock
5,506
$ 20.21 5,506
D
 
Employee Options (Right to Buy) $ 6.02 12/31/2011   A 10,245   02/23/2010 02/23/2019 Common Stock
10,245
$ 6.02 10,245
D
 
Employee Options (Right to Buy) $ 6.02 12/31/2011   A 10,245   02/23/2011 02/23/2019 Common Stock
10,245
$ 6.02 10,245
D
 
Employee Options (Right to Buy) $ 6.02 12/31/2011   A 10,247   02/23/2012 02/23/2019 Common Stock
10,247
$ 6.02 10,247
D
 
Employee Options (Right to Buy) $ 11.75 12/31/2011   A 6,984   02/23/2011 02/23/2020 Common Stock
6,984
$ 11.75 6,984
D
 
Employee Options (Right to Buy) $ 11.75 12/31/2011   A 6,986   02/23/2012 02/23/2020 Common Stock
6,986
$ 11.75 6,986
D
 
Employee Options (Right to Buy) $ 11.75 12/31/2011   A 6,986   02/23/2013 02/23/2020 Common Stock
6,986
$ 11.75 6,986
D
 
Employee Options (Right to Buy) $ 16.46 12/31/2011   A 6,225   02/24/2012 02/24/2021 Common Stock
6,225
$ 16.46 6,225
D
 
Employee Options (Right to Buy) $ 16.46 12/31/2011   A 6,225   02/24/2013 02/24/2021 Common Stock
6,225
$ 16.46 6,225
D
 
Employee Options (Right to Buy) $ 16.46 12/31/2011   A 6,228   02/24/2014 02/24/2021 Common Stock
6,228
$ 16.46 6,228
D
 

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Sailor Rodney
ONE WILLIAMS CENTER
TULSA, OK 74172
      Chief Financial Officer, Sr VP  

Signatures

By: Stephen E. Brilz, Attorney-in-Fact for Rodney J. Sailor 02/13/2012
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Receipt of spin-off distribution.
(2) Vesting is subject to applicable grant agreement and compensation committee certification that the Company has met the three year performance measure. The specific performance measure will be based on total shareholder return with absolute and relative dependent measures.

Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.