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
Suncor Energy 2021 budget GUIDANCE $4.5 billion and reported production of 780,000 barrels of oil equivalent (BOE) per day.
Pioneer Resources expects its 2021 drilling, completions and facilities capital budget to range between $2.4 billion to $2.7 billion.
The chart below shows the wells drilled by Pioneer Natural Resources since 2016. We saw a drilling recovery start to happen in Sept 2020. If we compare the last 90 days vs the same period as last year drilling recovery Pioneer is at 60% of wells drilled.
147 Oil & Gas Operators that spud (drilled) 681 wells in Texas, Louisiana, New Mexico & Oklahoma last 30 days. The map shows the location and spud count.
The air permit is for Pioneer Natural Resources Air Permit Enhanced Oil Recovery PILOT FACILITY, MIDLAND TX.
The layoff will happen after Pioneer acquires Parsley Energy in 2021.