Pioneer Natural Resources Company is an American petroleum, natural gas, and natural gas liquids exploration and production company organized in Delaware and headquartered in Irving, Texas. Pioneer Resources is the largest acreage holder in the Cline Shale, which is part of the Permian Basin.As of December 31, 2017, the company had 985 million barrels of oil equivalent (6.03×109 GJ) of proved reserves, of which 52% was petroleum, 19% was natural gas liquids, and 29% was natural gas. All of the company's reserves are in the United States.In 2017, the company produced 272 thousand barrels of oil equivalent (1,660,000 GJ) per day, of which 73% was in the Spraberry Trend, 15% was in the Eagle Ford Group shale, 7% was in the Raton Basin, and 5% was in the Western Panhandle of Texas.
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