Pioneer Plans Big Capital Outlay for Permian Plays
Attachment: Sprayberry Wolfcamp, Sprayberry Chart
DENVER, COLORADO--August 26, 2014--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Pioneer Natural Resources Company (NYSE:PXD) (Dallas, Texas) plans to spend billions of dollars over the next decade extracting oil & gas from the Spraberry/Wolfcamp area in West Texas. But the company's bold plans depend on planned expansions to the area's infrastructure and takeaway capacity keeping pace with forecasted production gains. Within this article: Details of oil production plans by Pioneer Natural Resources Company (NYSE:PXD) from its Permian Basin holdings.
