WPX Energy, Inc.

SCHEDULE II—VALUATION AND QUALIFYING ACCOUNTS

	Beginning Balance		Charged (Credited) to Costs and Expenses			Other		Deductions			Ending Balance
2015:
Allowance for doubtful accounts—accounts and notes receivable(a)	$	6	$	5		$	—	$	(5	)	$	6
Deferred tax asset valuation allowance(b)	118		3			3		—			124
Price-risk management credit reserves—assets(a)(c)	1		—			—		—			1
2014:
Allowance for doubtful accounts—accounts and notes receivable(a)	$	7	$	—		$	—	$	(1	)	$	6
Deferred tax asset valuation allowance(b)	102		(1		)	17		—			118
Price-risk management credit reserves—assets(a)(c)	—		—			1		—			1
2013:
Allowance for doubtful accounts—accounts and notes receivable(a)	$	11	$	(3	)	$	—	$	(1	)	$	7
Deferred tax asset valuation allowance(b)	19		80			3		—			102

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(a) Deducted from related assets.

(b) Deducted from related assets, with a portion included in assets held for sale.

(c) Included in revenues.