May 4, 2022– Pioneer Natural Resources company reported financial and operating results for the quarter ended March 31, 2022.
ProPetro entered into a Pressure Pumping Services Agreement with Pioneer in connection with its acquisition of Pioneer’s pressure pumping services assets.
Pioneer Resources plans a 2022 capital budget of $3.3 billion to $3.6 billion (after $3.4 billion in 2021, including placing 534 horizontal wells on production).
Pioneer Natural Resources Q3 2021 676 thousand barrels of oil equivalent per day Company plans to operate an average of 22 to 24 horizontal drilling rigs in the Permian Basin,
Pioneer Natural Resources has announced that it has entered into an agreement with Continental Resources to sell all of its assets in the Delaware Basin for $3.25 billion,
Midland Basin playbook provides a list of Oil & Gas Operators who drill in the Midland Basin. Major Operators include Pioneer Resources, Diamondback, Plains All America and Enlink.
In the aerial surveys performed in the Permian Basin, 5,361 pieces of equipment were identified on 1450 facilities over 250 square miles using Gas Mapping LiDAR™ (GML) remote sensor technology. Out of these 5000+ pieces of observed
equipment, 6.0% were identified as emitters on the first pass.
Pioneer Natural Resources is focused on delivering competitive and sustainable results as we responsibly produce natural gas and oil to help meet the world’s energy demands.
Pioneer Resources first Quarter 2021 cash flow1 of $369 million, capital expenditures $605 million and will operate 22 rigs.
Pioneer contracted with Jacobs to expand the City of Midland, Texas’, Water Pollution Control Plant