UPDATE 1-Top U.S. shale producer offers bleak view of U.S. output growth
August 07, 2019 at 12:35 PM EDT
Pioneer Natural Resources, one of the largest U.S. independent oil producers, on Wednesday warned that the U.S. shale boom could end in all but one region by 2025, as producers exhaust the richest resource areas and drilling slows due to weak prices.