Company
Pioneer Natural Resources Company is an oil and gas exploration and production company. The Company explores for, develops and produces oil, natural gas liquids (NGLs) and gas within the United States, with operations primarily in the Permian Basin in West Texas. The Company s operations include well stimulation and completion activities, such as hydraulic fracturing, and water distribution and disposal activities.
Need for Flex Drives US Permian M&A
Feb 26, 2021 11:50:am
Summary
by: Thierry Bros
As explained back in October, the on-going takeover flurry in the US Permian can be explained by major companies desperate need for flexibility in an energy transition world, where the forecasts are more and more difficult to establish. The Permian has proven to be extremely flexible with a reduction of 1.4mn barrels of oil equivalent (boe)/d, a drop of 17% in hydrocarbon production in just 2 months between March and May 2020. And now with oil prices above $60/barrel, Permian oil production should recover fast.
With a 26% production growth year .
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The global coal bed methane market size is projected to reach USD 25.2 billion by 2027 expanding at a CAGR of 5.9%.
Coal Bed Methane Market Report Highlights
The power generation segment led the overall market in 2019 and accounted for the largest share of 40%
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China is expected to account for the maximum share by 2027 in the Asia Pacific regional market
North America is likely to have moderate growth during the projected period
The U.S. was the leading country in the North America market in 2019 and is likely to retain its leading position from 2020 to 2027
Oil & Gas: Independent, Major Integrated, Exploration & Production February 05, 2021
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