Shuttle

Pioneer Natural Resources Co. has set a new record for quarterly gas production in North America, announcing ahead of its earnings report that it produced 48 Bcf of gas in the second quarter, a 39% sequential increase. Deepwater Gulf of Mexico (GOM) production from its Canyon Express and Falcon gas projects matched the Dallas-based producer’s expectations, and will put its quarterly worldwide oil and gas production at 14.5 MMboe.