Archive for the ‘Pioneer Natural Resources Co’ Category

Teal Natural Resources LLC has been formed to acquire and develop unconventional oil and gas resources, mainly in the Eagle Ford shale play of Texas.

The overall US drilling rig count began the year with its largest decline since last April, plunging 34 units to 664 during the week ended Jan. 8, according to Baker Hughes Inc. data (OGJ Online, Dec. 31, 2015).

Enterprise Products Partners LP (EPP), Houston, executed agreements to purchase all interests in EFS Midstream LLC from affiliates of Pioneer Natural Resources Co., Irving, Tex., and Reliance Industries Ltd., Mumbai, for $2.15 billion.