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Pioneer Natural Resources
ExxonMobil Chairman and CEO Darren Woods (left) and Pioneer CEO Scott Sheffield [Photos: Business Wire]
ExxonMobil To Acquire Irving-Based Pioneer Natural Resources in $64.5 Billion Deal
by Lance Murray | Oct 11, 2023
The companies said the all-stock merger deal combines Pioneer’s more than 850,000 net acres in the Midland Basin with ExxonMobil’s 570,000 net acres in the Delaware and Midland Basins, creating "a diversified energy company with the largest footprint of high-return wells in the Permian Basin."
by Lance Murray |
Apr 27, 2023
Currently Pioneer's president and COO, Richard D. "Rich" Dealy brings more than 30 years of industry experience in roles spanning nearly all operations and business functions at Pioneer and its predecessor company. He will replace the retiring Scott Sheffield. The news comes amid reports that Exxon Mobil Corp. has held preliminary talks with Pioneer about a possible acquisition of the company.
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by Lance Murray |
Jul 22, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from Jackson-Shaw, Perkins&Will, Aimbridge Hospitality, Molecular Testing Labs, Axxess, Education Opens Doors, Make-A-Wish North Texas, LVTRise, and more.
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by Lance Murray |
Jan 16, 2020
The state-of-the-art facility enhances Pioneer's innovation and efficiency through technology centers designated for its drilling, completions, and operations teams.
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[Photo: iStock]
Irving Driller Plans to Cash in on $900B Wolfcamp Field
by Nicholas Sakelaris | Nov 17, 2016
The find in the Wolfcamp portion of the Permian Basin could yield up to 20 billion barrels of oil.
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