Operator · Cline Shale, Permian Basin & Wolfberry Play
Pioneer Natural Resources Co.
80 articles mentioning Pioneer Natural Resources Co. · Page 3 of 4
Record Well: Operator Drills Best Well in Glasscock County; Flows 3,900 BOEPD; 90% Oil
Pioneer Natural Resources has drilled a record breaking well in Glasscock County, TX. The Jim Tom E41S 119H well targeted the Spraberry in Glasscock County, TX and flowed 3,857 BOEPD (89% oil) in a 24-hour test....
ProPetro Finalizes Acquisition of Pioneer's Pressure Pumping Assets
ProPetro Holding has completed its previously announced acquisition of the pressure pumping assets of Pioneer Natural Resources. Concurrently, ProPetro became a strategic long-term service provider to Pioneer providing pressure pumping and related services for a term...
Pioneer to Close Up Shop at Brady, TX Sand Mine
Pioneer Natural Resources will close its sand mine located in Brady, Texas, and transition proppant supply to West Texas sand sources. The Company expects to wind down operations during the first quarter of 2019 and transition...
Pioneer Turns on Taps at 'Stackberry' Appraisal Pad in 3Q; Upping Rig Count in 4Q
Pioneer Natural Resources reported its Q3 2018 results. Upping Rig Count by Two in 4Q18; Higher Intensity Completions Pioneer is currently operating 22 horizontal rigs in the Permian Basin; planning to add two rigs in December...
Pioneer Natural Resources Warns of $135 Million Hedge Loss
Pioneer said in a 8k filing with the SEC that the company is expecting at $135 million hedge loss in Q3. That is down from the $358 million the company lost in Q2. This brings the...
Pioneer Inks Long-Term Sand Supply Deal with US Silica
Pioneer Natural Resources and U.S. Silica Holdings have entered into a long-term sand supply agreement by which Pioneer will purchase an interest in U.S. Silica's sand reserves at its Lamesa, Texas, mine in West Texas. This...
Permian Operator Adding Four More Rigs in 2018
At the 2018 Barclays CEO Power Conference, Pioneer Natural Resources CEO Tim Dove detailing the company's near-term plans, including ramping up its Permian (Midland Basin) rig count by four before the end of the year. Rig...
Pioneer Adding Four More Rigs, Millions to Capex for 2018; Expanding 3.0+ Completions
Pioneer Natural Resources reported its Q2 2018 results. More Rigs / More Optimized Completions Currently operating 20 horizontal rigs in the Permian Basin; planning to add four rigs to support the 2019 plan, two in August...
Pioneer's 3.0+ Design Outperforms with 40-70% Uplift: Eyes New, Old Zone Appraisals
Pioneer Natural Resources President & CEO Tim Dove recently presented at the JP Morgan Energy Conference. Shale Experts has outlined the highlights from the presentation below. Increased 2018 Budget - More Rigs, 3.0+ Completions Pioneer has...
Pioneer SVP of Investor Relations Retires; Successor Named
Pioneer reported that its SVP of Investor Relations, Frank E. Hopkins, will retire effective June 1, 2018. Neal H. Shah, Vice President, Investor Relations, will assume Frank's responsibilities leading the Investor Relations Team.
Pioneer's Optimized 3.0+ Completions Pay Off in the Permian; Output Up +25% YOY
Pioneer Natural Resources reported its Q1 2018 results including its drilling activity in the Permian Basin / Midland Basin, targeting the Wolfcamp and Spraberry plays.
Pioneer Shuts In North TX Production After Compressor Station Fire
Pioneer has shut in production at its West Panhandle field area in North Texas after a fire occurred at its compressor station. The fire resulted in extensive damage to the facility. As a result, production from...
Operators Put Eagle Ford Assets Up For Sale
As 2018 begins, a trend has emerged where E&Ps are 'coring up' their portfolios. This has resulted in numerous operators selling off properties that are no longer part of their original growth strategy. A number of...
Permian E&P To Complete 260 Wells In 2018
Pioneer has released its 2018 outlook as well as its Q4 and full year 2017 results. The company announced that it plans to sell off its Eagle Ford, South Texas, Raton and West Panhandle assets in...
Pioneer to Sell Off Eagle Ford, Other Assets; Become 'Pure-Play' Permian Operator
Pioneer has announced that it plans to sell off its Eagle Ford, South Texas, Raton and West Panhandle assets in order to become a Permian "pure-play" E&P. Pioneer expects to open data rooms for the planned...
Pioneer Debuts New Eagle Ford Well Design; Boosts Permian Rig Count to 20
Pioneer reported its Q3 2017 results. Highlights from its release / call include: Q3 2017 Production: 276 MBOEPD, up +6% compared to Q2 2017 2017 capital budget is being increased by $50 million, primarily to reflect...
Pioneer's Spraberry, Wolfcamp Wells Fuel Oilier Production in Q3; 276 MBOEPD
Pioneer has reported its Q3 2017 production ahead of its quarterly report. Q3 production was 276 MBOEPD (up 6% from Q2 2017) Total oil production for the quarter was 162 MBPD (up 10% from Q2 2017)...
Pioneer Pumping the Brakes in 2H17; Deferring Completions
Pioneer released its Q2 2017 results. Highlights from its release / conference call include: 2018 Plans - More Hedges - Increased Hedges in 2018: Dove commented: "But we'll look to do more hedges in 2018 as...
Pioneer's New Enhanced Eagle Ford Wells Results Outperforming, See Inside
The Results are in, and Pioneer's new enhanced completions results are outperforming its earlier wells in the Eagle Ford. After taking a hiatus from the Eagle Ford, Pioneer has returned with a bang. The company’s wells...
Armed with Strong Hedge Books and Lower D&C Costs, Companies Not Slowing Down Despite Low Oil Price
Q2 results will not be out for another month and there's great speculation as to how companies will respond to the falling oil price. Last week, at the JP Morgan Energy Equity Conference, companies answered questions...