A New West Texas Yard Binds An Operator And Supplier Together For Decades

Pioneer Natural Resources is known for progressive thinking on partnerships. The company’s effluent water deal with the City of Odessa is a good example of how the company builds novel relationships to drive costs down.

So when Tenaris proposed an unusual alliance around shared yard space, Pioneer listened. The end result was a lease agreement that will keep the contractor and operator bound at the hip for the next 30 years in the busiest US oilfield.  We break down the deal’s origin, implications, and benefits in this update.

DCIM100MEDIADJI_0101.JPG
Aerial view of the Tenaris Midland Service Center inaugurated this week. Photo credit Tenaris.

There’s a lot more to this story…

Login to see the full update… 

To read this update and receive our research newsletters, you must be a member. If you are new to Infill Thinking, or your membership has expired, please email us to discuss our current subscription options at [email protected](Current members login here.)

Members get:

  • Exclusive research update newsletters
  • High-caliber, data-driven analysis and boots-on-the-ground commentary
  • New angles on stories you’ll only find here
  • No advertisements, no noise, no clutter
  • Quality coverage, not quantity that wastes your time
  • Downloadable data for analysts

Contact us to learn about signing up! [email protected]