Analysts Infer Pioneer Production Down in Eagle Ford, Capex Cuts Looming | 2015-01-20 | Natural Gas Intelligence

Although it will be another three weeks before Pioneer Natural Resources Co. holds its fourth quarter earnings conference call and announces a capital budget for 2015, analysts are already reading the tea leaves from a company executive and its joint venture (JV) partner in the Eagle Ford Shale over how both 4Q2014 and 2015 will shake out.

On Friday, India’s Reliance Industries Ltd. announced that for the quarter ending Dec. 31, gross production on its JV acreage with Pioneer averaged 725 MMcfe/d, which included about 69,300 b/d of condensate — a 3% increase over the previous quarter.

via Analysts Infer Pioneer Production Down in Eagle Ford, Capex Cuts Looming | 2015-01-20 | Natural Gas Intelligence.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s