Pioneer to Bring Drilling Back to Pre-Downturn Levels


“We are putting rigs back to work and plan to return to an activity level during 2016 that can result in a similar growth trajectory that we were delivering in the second half of 2014 before the downturn,” Pioneer CEO Scott Sheffield said in a written statement.

 

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Enefit Reassessment of Shale Production

Good afternoon all, I thought you all might like to see this article from Enefits most recent newsletter. I am under the impression that OPEC has shown how easily it can break the current hope of Shale Oil ( producing for a profit) what do you think? It was just about a year and a half ago that Enefit seemed in a very positive position about proceeding with the shale production. Please…. let me know what your thoughts are…….. – Vernal Utah Real Estate Agent Wendy Stockwell-Lopez

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