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News Breaks | | | | January 31, 2013 | | 07:01 EDT |  | PXD | Pioneer Natural downgraded to Sell from Hold at Societe Generale Societe Generale downgraded Pioneer Natural due to rich valuation. Price target is $110. | |
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News For PXD From The Last 14 Days Check below for free stories on PXD the last two weeks. |
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| May 21, 2013 | | 16:20 EDT |  | PXD | Pioneer Natural reports 1,572 BOEPD at Mabee K #1H well Pioneer Natural Resources announced that it has placed on production the company's first horizontal Wolfcamp Shale well in Martin County, Texas. The Mabee K #1H well had an initial 24-hour peak natural flow rate of 1,572 barrels oil equivalent per day, or BOEPD, with 77% oil content. The well was completed in the Wolfcamp B interval utilizing a 27-stage hybrid fracture stimulation over the well's perforated lateral length of 6,671 feet. The initial 24-hour peak natural flow rate for the Mabee K #1H well compares very favorably with the initial 24-hour peak natural flow rate for the DL Hutt C #1H well, Pioneer's first horizontal Wolfcamp Shale B interval well in Midland County, Texas. The DL Hutt C #1H well had an initial 24-hour peak natural flow rate of 1,693 BOEPD with 75% oil content. This well utilized a 30-stage hybrid fracture stimulation over the well's longer perforated lateral length of 7,380 feet. When normalizing the lateral length of the Mabee K #1H well to the longer lateral length of the DL Hutt C #1H well, the comparable 24-hour peak natural flow rate for the Mabee K #1H well would have been higher than the DL Hutt C #1H well at 1,739 BOEPD. The Mabee K #1H well is located approximately 30 miles north of the DL Hutt C #1H well and 50 miles north of Pioneer's first two horizontal Wolfcamp Shale B interval wells in the Giddings area in Upton County. | | | May 15, 2013 | | 17:36 EDT |  | PXD | Paulson gives quarterly update on stakes
Subscribe for More Information | | | 17:18 EDT |  | PXD | BP Capital gives quarterly update on stakes
Subscribe for More Information | | | 07:35 EDT |  | PXD | Credit Suisse to host a symposium
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