Archive for the ‘Pioneer Natural Resources Co’ Category
ENR acquires remaining Eagle Ford assets from PNR
May 7th, 2019 by Latest News
Pioneer Natural Resources has closed on the sale of its Eagle Ford shale and remaining South Texas assets to Ensign Natural Resources. PNR will receive as much as $475 million in total proceeds, of which $25 million was received at closing and $450 mil…
Scott D. Sheffield has assumed his former role as chief executive officer of Pioneer Natural Resources Co., Dallas, succeeding Timothy L. Dove, who has retired as CEO and from his seat on the board.
PNR to close Brady sand mine
November 15th, 2018 by Latest News
Pioneer Natural Resources Co., Dallas, will close its sand mine in Brady, Tex., and transition proppant supply to 100% West Texas sand sources by May 2019.
Pioneer Natural Resources has agreed to sell its pressure pumping assets to ProPetro in a cash and stock deal worth $400 million. With the same agreement, ProPetro will provide pressure pumping and related services to PNR in the Permian basin for as lo…
PNR exits Sinor Nest with $132-million sale
October 31st, 2018 by Latest News
Pioneer Natural Resources Co. (PNR), Dallas, has agreed to sell its interests in Sinor Nest (Lower Wilcox) field in Live Oak County, Tex., for net proceeds of $132 million. The purchaser was undisclosed.
Pioneer Natural Resources Co., Dallas, has agreed to sell its West Panhandle field assets in Texas for $201 million to an undisclosed buyer. The assets include all of PNR’s producing wells and the associated systems. Net production from the field …
Privately held Evergreen Natural Resources has signed an agreement to acquire all of the assets held by Pioneer Natural Resources in the Raton basin in southeastern Colorado, including producing gas wells and associated infrastructure, for $79 million….
Pioneer Natural Resources Co., Dallas, has signed an agreement with Sundance Energy Inc. to sell 10,200 net acres in the western portion of its Eagle Ford shale acreage position for $102 million.
Pioneer to restart Texas field shut by fire
March 14th, 2018 by Latest News
Pioneer Natural Resources Co. expects production to restart at diminished rates by early April from its portion of West Panhandle gas field in Texas, which it shut in Mar. 6 after a fire heavily damaged a compressor station. The fire was contained with…
Global oil-market analysis from research and consultancy firm Wood Mackenzie Ltd. indicates that 70% of new drilling in US tight oil plays and pre-final investment decision (FID) conventional oil projects are commercial at Brent crude oil prices below …