Pioneer Oil and Gas

Pioneer Natural Resources Careers and Employment
December 26, 2022 – 06:02 pm

Make up tongOil and gas explorer Pioneer Natural Resources' frontier is not in the Western prairies, but below them, and below the Rocky Mountains, the Midcontinent, West Texas, South Texas, and elsewhere. The large independent exploration and production company reported proved reserves of 1.1 billion barrels of oil equivalent in 2011. The vast majority of the company's reserves are found within the US (including in Alaska, where the company was the first independent explorer to produce from a North Slope oilfield). It also has stakes in more than 10, 000 net producing wells.

Geographic Reach

The company maintains offices in Anchorage, Alaska; Denver, Colorado; and Midland, Texas.

Financial Analysis

Pioneer Natural Resources' revenues increased by 17% tin 2011 hanks to the 7% and 21% increases in average reported oil and NGL prices, respectively, and 44%, 14% and 3% increases in oil, NGL, and gas sales volumes, respectively. This was partially offset by an 8% decrease in average reported gas prices and its South Africa performance, where sales volumes in 2011 declined by 29%, primarily due to unplanned production curtailments resulting from third-party gas-to-liquid plant downtime and normal well declines. In Tunisia, sales volumes in 2011 decreased due to the sale of Pioneer Tunisia during February 2011.

Net income decreased by 37% in 2011 due to higher revenues, a decrease in interest expense, and a drop in interest expense primarily due to a $17.4 million decrease in charges recorded for the difference between Pioneer contracted rig rates and market rig rates that are charged to joint operations and idle rig costs. Other factors included a $13.1 million decrease in idle well servicing operations and a $7.6 million drop in inventory impairments.


The company's revenues come from its US operations where the oil firm focuses on exploiting low-risk, long-lived basins. Securing an industrial sands business to support its hydraulic fracturing drilling activities in the Wolfcamp Shale and Barnett Shale plays in Texas, in 2012 Pioneer acquired Carmeuse Industrial Sands for $297 million.

It has exited higher risk foreign ventures. To raise cash and to focus on its core North American assets, in 2011 the company sold its Tunisia-based exploration and production units to OMV for $866 million. It also sold its South African business in 2012 for $38 million.

To gain capital to develop its US shale properties, in 2010 Pioneer entered a joint venture, selling a 45% stake in its southern Texas gas field, Eagle Ford Shale, to the USA subsidiary of India's Reliance Industries for $1.15 billion. – less

What does a rattlesnake look like? What time does at home close? What is the meaning of ransomware? What does pace mean? how to train my dog to be a helper dog What are linens? how stiff is the ride with helper springs What cards does klarna accept? What does sama mean? What does my brother's keeper mean? What is the meaning of ira? What does i e mean? What are social services? What are u doing in spanish? what is the pill that the rolling stones mother's little helper is about Which word is closest in meaning to copious? What does it mean when notifications are silenced? What are the first signs of prostate problems? What does it mean when someone doesn't make eye contact with you? How to take sim card out of iphone? What does cbt mean? how to install vdh police helper flares How to get even and other dirty tricks? How to leave a hickey? How to use a hairmask? What are those that shock tricks? What are ashes? What does infatuation mean? Where are raw tips made? How to alternate tylenol and motrin? What weight are the field tips provided with my excaliber 380? How not to drown chvrches meaning? How to plant? How to teach a bunny to do tricks? What does the name isaiah mean? What gemstones mean and do? How to stop gout pain at night? What channel is the oscars on? What is mean math? What are allergies? What is the meaning of dop? What is ddf mean? How to make a replacement for earbud tips? What is wap? How to change autofill on iphone? What are some tips for lego building? What does trace intact blood in urine mean? Where did the party go lyrics meaning? What is the meaning of the name primrose? How to market your business? What does ih mean? Effective presentations, how tricks become magic – max howard? How to make your phone vibrate? How to get microsoft word for free? How to take off airpod pros tips? What does nani mean in japanese? What does escorting mean sexually? What is the population of ukraine? How to install wood flooring? How to get rid of facial hair? How do i get health tips to stop emailing me? What does buspirone do? How to boost metabolism? How to make chocolate covered pretzels? What are conscripts? What is the original meaning of virgin? How to pay for passport fees? We can easily forgive a child who is afraid of the dark meaning? What is the meaning of obscurity? how to qualify to be an electrons helper How to do the bernie meme? What time is it in florida miami? What is the meaning of mughal? How to frame a puzzle? What is the meaning gorgeous? what is the order of apc to helper cells to immune cell response How soon is too soon to propose? When you find a dead bird meaning? How to get rid of herpes? What does stimming mean? Youtube how to learn all fingerboard tricks step-by-step? What does heroin do to you? How to give liquid medicine to cats tips and tricks? How to say bye in french? How to reheat steak tips? How to mince garlic? What is the meaning of foamy? What does rsa stand for? What are the three parts of the cell theory? Why are middke eastern shoes tips curled up? How to do tricks on snapchat? What does tare mean? How to cold brew coffee? What does lax mean? How long does birth control take to work? butters why is there hamburger helper What does brew mean? How to make a paper airplane that flies far? How to do cool mime tricks?
You might also like
Oil and Gas - 3D Animation - FPSO
Oil and Gas - 3D Animation - FPSO
Pioneer CEO: OPEC declared war on US oil & gas industry
Pioneer CEO: OPEC declared war on US oil & gas industry
Sunrise: Pioneer Status In Oil And Gas Sector Pt 2 29/08/15
Sunrise: Pioneer Status In Oil And Gas Sector Pt 2 29/08/15
Oil and Gas - Auger Deep-water Pioneer
Oil and Gas - Auger Deep-water Pioneer
Popular Q&A
What is the gas/oil mixture for Pioneer P12 chainsaw? | Yahoo Answers

40 to 1 you should be safe, if it smokes go to 50 to 1

Related Posts