$PXD Pioneer Natural Resources sells West Panh
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Posted On: 07/31/2018 10:42:01 AM
$PXD
Pioneer Natural Resources sells West Panhandle field assets for $201M
Pioneer Natural Resources (NYSE
) agrees to sell all of its assets in the West Panhandle field in Texas to an undisclosed buyer for $201M.
PXD says the assets being sold represent all of its interests in the West Panhandle field, including all of its producing wells and the associated infrastructure; net production from the field averaged ~6K boe/day during Q1.
In an operations update, PXD says it transported 165K bbl/day of oil to the Gulf Coast where it was sold into either the Gulf Coast refinery market or exported to international refinery markets.
Pioneer Natural Resources sells West Panhandle field assets for $201M
Pioneer Natural Resources (NYSE
) agrees to sell all of its assets in the West Panhandle field in Texas to an undisclosed buyer for $201M. PXD says the assets being sold represent all of its interests in the West Panhandle field, including all of its producing wells and the associated infrastructure; net production from the field averaged ~6K boe/day during Q1.
In an operations update, PXD says it transported 165K bbl/day of oil to the Gulf Coast where it was sold into either the Gulf Coast refinery market or exported to international refinery markets.
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