Pioneer Natural reports "significant" severe weather impact on Texas operations Pioneer Natural announced that severe winter weather in Texas has significantly impacted the company’s production and drilling operations in the Spraberry/Wolfcamp, Eagle Ford Shale and Barnett Shale Combo plays. An extensive recovery period is expected, and it is likely to be a few weeks before the full impact of this event can be determined. This unforeseen severe weather event was not accounted for in Q4 production and financial guidance. Pioneer expects to update Q4 guidance once the full impact of anticipated weather-related downtime and associated repairs in the areas that were affected can be determined.
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