Pioneer Natural Resources is a large independent oil and natural gas company that is focused on helping meet the world’s energy needs. We deliver strong production and reserve growth through onshore exploration and production in the United States, while providing opportunities for growth and enrichment for business partners, employees and the communities in which we operate.
With a foundation of long-lived and stable properties providing steady growth, Pioneer’s advanced technology, strategic practices and integrated services model make us an industry leader in developing new resource plays, especially in Texas.
Pioneer is one of the most active drillers in Texas’ Spraberry/Wolfcamp oil field in the Permian Basin and the Eagle Ford Shale play in South Texas. We are one of the largest natural gas operators in the Rockies and Mid-Continent regions with assets in the coal bed methane-rich Raton Basin as well as in the Hugoton and Texas Panhandle gas fields. Our operations include ongoing drilling programs in Texas’ liquids-rich Barnett Shale Combo play and in Alaska’s Oooguruk field, where Pioneer became the first independent operator to produce oil on the North Slope.
At Pioneer, we:
Enterprise Value: ~$19 Billion
Proved Reserves: 1.1 Billion BOE*
Daily Production: ~156,000 BOE/day*
(from Continuing Operations)
Total Assets: $13.1 Billion*
Net Producing Wells: 10,000+
*as of 12-31-2012 BOE = Barrels of Oil Equivalent
At the helm of Pioneer’s success is a knowledgeable and experienced management team and Board of Directors.
Meet Pioneer's leadership » Read the Chairman's letter »
Pioneer's commitment to our employees, business partners, communities and the environment is founded on these fundamental principles.
View Pioneer's core values »
Pioneer's exploration and production efforts to find oil and natural gas resources extend from South Texas to the North Slope of Alaska.
View our operating areas »