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Analyzing Pioneer Natural Resources' Success

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By Leslie Haines, Hart Energy
June 1, 2014

The U.S. produced roughly 8.3 million barrels of oil per day (MMbbl/d) in April, "the highest level for any month in 26 years," according to the Energy Information Administration. The drilling surge has put these numbers on the scoreboard: about 1.5 MMbbl/d of production in the Permian Basin, 1.3 MMbbl/d in the Eagle Ford and 1 MMbbl/d in the Bakken.

This astonishing turn of events is propelling many exploration and production (E&P) companies to new heights. Last year, Pioneer Natural Resources Co. was one of them, a leader in two ...


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