Pioneer Water Management

Water Project to Save Millions of Gallons of Freshwater Throughout Permian Basin

Odessa, Texas, January 20, 2016 – Pioneer Natural Resources Company today announced the start-up of a 20-mile, $25 million infrastructure project to both save water and cut costs for the mutual benefit of the Company and the city of Odessa. The project is the key component of an 11-year, $117 million agreement between Pioneer Natural Resources and Odessa to provide Pioneer with millions of gallons of treated municipal wastewater for use in its operations. In return, the region will see a reduction in truck traffic and a regular revenue stream.

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