Operations and Innovation
When we do things the Pioneer way, it means approaching each task with this question: How can we do this better? We aren’t afraid of new ideas. We embrace them.
Our roster of talented scientists and engineers identified efficiencies that cut the time needed for horizontal drilling and completion by seven days per well.
Our sharp business savvy means our debt levels and cash flow remained solid – all through five downturns. When others threw in the towel, we kept moving forward.
Global newswire service Reuters noted the impact we’ve had during the U.S. shale boom: “Fortune favored the bold drillers that discovered and pumped oil fastest. Today the winners are producers like Pioneer Natural Resources, who best shielded themselves from tumbling prices.”
Whether we’re working with our own employees, our suppliers, our interest owners or our valued allies in the Permian Basin, we approach each task with hard work, innovation and perseverance.
That’s the Pioneer way.
Pioneer is one of the only companies that boasts in-house services in the four areas critical to our business
By utilizing both internal and external partnerships, we work to achieve cost control, greater efficiency, operational excellence, innovation and, most importantly, a safe work environment in the field.