Pioneer Drilling Co

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San Antonio, Texas-based Pioneer Drilling Company is a full service contract driller and provider of staff, equipment and support to the oil and gas exploration and production industry. It owns a fleet of 71 drilling rigs, but does not invest in any oil and gas properties itself. Approximately 25 of these rigs were in use in the middle of 2009.

According to an August, 2009 operational update from the company, it had one rig under hire to drill in the Marcellus shale. It was in the process of trucking in a second rig to the prospective area. These both were 1,000 horsepower-pump rigs with top drives that can easily be moved around a well pad. Pioneer owns a number of electric double rigs that are presently positioned for Barnett shale drilling. The update stated these could easily be outfitted with top drives and winterized for use in Marcellus drilling. The company plans to do that and move more rigs to the Marcellus as demand picks up. These rigs are the type that can easily be moved around a drill pad and have small footprints. The report mentioned that it takes 17 truck loads to move one of these rigs up from Texas to Appalachia.

• Wm. Stacy Locke is Pioneer Drilling's President and CEO.
• Joe Eustace is the President of Pioneer's Production Services Division.
• Lorne E. Phillips is Executive Vice President and CFO.