Tim Dove - Pioneer


Last quote by Tim Dove

We know, as an industry, what we can do. We're showing it. We're going to show it over the next few quarters. We're the principle reason that the oil inventories are shrinking, on the one hand, as a good thing, but our production's coming up on the other. So I think we'll always be able to meet a price signal, and that said, I think it's the fact that we're going to become ... pretty much one of the swing producers.feedback
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Aug 23 2017 Oil
Tim Dove has most recently been quoted in an article called US becoming a 'swing producer' after oil crash woke 'sleeping giant, ' says Pioneer CEO. Tim Dove said, “We've both been able to have our cost reduced somewhat by our service companies, but at the same time, by our own productivity increases, by our own ingenuity, improving how the wells were drilled and completed and increasing the amount that each oil well produces. And so what happens is our economics are very strong at $45 to $50. Our returns are strong. It's a return-based industry. And so therefore we're drilling wells that make money. And that's going to continue.”. Tim Dove has been quoted a grand total of 8 times in 5 articles.
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