What is the main reason Pioneer does not need to pay high prices for land in the Permian Basin?
Is the Permian Oil Basin in a Bubble?

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
They have been in the region since the 1970s.
They have a special government deal.
They are a new entrant in the market.
They have a unique drilling technology.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected return on each well for Pioneer?
30-40%
10-20%
50-60%
70-80%
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary factor driving the increase in asset value in the Permian Basin?
Decreased competition.
Improvements in the resource.
A flood of capital investment.
Government subsidies.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Pioneer's main concern regarding future operations in the Permian Basin?
Production outfit issues.
Service cost inflation.
Lack of skilled labor.
Environmental regulations.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the anticipated daily oil production in the Permian Basin in the next 10 years?
5 million barrels
1 million barrels
3 million barrels
7 million barrels
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