Permian Basin

Pioneer Natural Resources Co. said Scott D. Sheffield will retire as the company’s CEO effective Dec. 31. Pioneer’s board approved a transition plan under which President and COO Timothy L. Dove will succeed Sheffield as president CEO. Sheffield will continue as executive chairman through Dec. 31, 2017 at which time he will retire as an executive and employee of the company but remain on the board. Sheffield joined Pioneer’s predecessor company, Parker & Parsley, as a petroleum engineer in 1979. Dove joined Parker & Parsley in 1994 as vice president of business development and was promoted to senior vice president in 1996 where he served until the formation of Pioneer in 1997. In 2004, Dove was named president and COO. He was elected to the board of directors in 2013.

Private equity-backed Navitas Midstream Partners LLC agreed Tuesday to expand its natural gas pipeline system in the Permian Basin, initially for Encana Corp., in a long-term agreement that would give it combined processing capacity of 155 MMcf/d in the Midland sub-basin.

Private equity-backed Navitas Midstream Partners LLC agreed Tuesday to expand its natural gas pipeline system in the Permian Basin, initially for Encana Corp., in a long-term agreement that would give it combined processing capacity of 155 MMcf/d in the Midland sub-basin.

Texas will get 22 more seismic monitoring stations to supplement the 17 units already in place as part of the TexNet Seismic Monitoring Program administered by the University of Texas at Austin’s (UT) Bureau of Economic Geology (BEG). Ottawa, Canada-based Nanometrics recently signed a US$1.98 million contract to supply and help deploy equipment.

Texas will get 22 more seismic monitoring stations to supplement the 17 units already in place as part of the TexNet Seismic Monitoring Program administered by the University of Texas at Austin’s (UT) Bureau of Economic Geology (BEG). Ottawa, Canada-based Nanometrics recently signed a US$1.98 million contract to supply and help deploy equipment.

Houston-based Occidental Petroleum Corp. (Oxy) senior executives have chosen to stay focused on their game plan and the company’s brightest star, the Permian Basin in West Texas and New Mexico.

Houston-based Occidental Petroleum Corp. (Oxy) senior executives have chosen to stay focused on their game plan and the company’s brightest star, the Permian Basin in West Texas and New Mexico.

Houston-based Noble Energy Inc. during the first three months of this year delivered cost reductions across the board, while its U.S. natural gas-rich production, led by the Denver-Julesburg (DJ) and Permian basins, outperformed.

Houston-based Noble Energy Inc. during the first three months of this year delivered cost reductions across the board, while its U.S. natural gas-rich production, led by the Denver-Julesburg (DJ) and Permian basins, outperformed.