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Exxon to take 18-24 months to hit full stride with Pioneer purchase | Hellenic Shipping News Worldwide

Exxon to take 18-24 months to hit full stride with Pioneer purchase | Hellenic Shipping News Worldwide
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Exxon to take 18-24 months to hit full stride with Pioneer purchase

Exxon Mobil will take 18 to 24 months to achieve its full production synergies from its $60 billion purchase of U.S. shale oil producer Pioneer Natural Resources, the company s top shale executive said on Friday.

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Exxon Shale Exec Details Plans for Pioneer's Acreage, 4-mile Laterals

Exxon Mobil plans to drill longer, more capital efficient wells in the Midland Basin after a major boost from the $60 billion Pioneer Natural Resources acquisition. Data shows that Exxon is a leading operator drilling 4-mile laterals in the Permian’s Delaware Basin.

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ExxonMobil to take 18 to 24 months to hit full stride with Pioneer purchase

ExxonMobil to take 18 to 24 months to hit full stride with Pioneer purchase
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ExxonMobil expects more jobs with Pioneer deal done

ExxonMobil expects more jobs with Pioneer deal done
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