Pioneer Natural Resources
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Losing drill-hungry independent and private companies in the region to robust M&A will mean an activity slowdown that is expected to impact volumes coming from the nation’s largest oil field.
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The nearly $60-billion deal will see ExxonMobil more than double its Permian Basin output to over 1.3 million BOED.
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Operators share emissions-mitigation research insights amid calls to accelerate to meet 2030 goals.
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A pair of innovative field development strategies are helping tame the wild, wild Permian Basin.
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This paper presents 2 years of results from an ongoing multiyear initiative consisting of periodic, large-scale aerial methane surveys paired with ground crew inspection, validation, and prioritized repair.
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The Oil and Gas Methane Partnership 2.0 counts more than 80 upstream companies as members, representing more than 30% of global production.
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The second plenary session at URTeC this week highlighted the stark reality of both knowns and unknowns oil companies must face in the race to a carbon-free future.
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The trend toward drilling longer horizontal wells is growing with lateral lengths of 3 miles reached.
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The US government is looking to size up efforts related to leak detection and repair practices.
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For Pioneer, the deal marks its return as a pure-play operator in the Midland Basin side of the Permian region. For, Continental, it represents the first steps into the most productive shale play in the US.
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