Pioneer gas production up 39 percent in North America

Pioneer Natural Resources said July 17 that it has set a new record for quarterly gas production from North America with approximately 48 billion cubic feet of gas produced during the second quarter, up 39 percent from the first quarter of the year. Pioneer said gas production from its Gulf of Mexico deepwater Canyon Express and Falcon projects met expectations, “putting the quarter’s worldwide oil and gas production at approximately 14.5 million barrels oil equivalent.”

Pioneer operates and has a 100 percent interest in the Falcon field. Canyon Express is a three-field development. Pioneer has interests in two of the fields: Aconcagua 37.5 percent; Camden Hills 33.3 percent.