"Environmentally friendly cost-efficient energy solutions that are value driven"

Company Profile

 This is a brief introductory plan presenting Pioneer Oil and its sister companies Franklin Well Services, Inc. and Pioneer Oil Field Services, LLC.  As an Independent Oil Producer, Pioneer Oil Company is continuing to implement  new projects and opportunities to ensure a growth strategy for the company.  Following a successful implementation of internal controls to improve performance as well as operational and management efficiency, Pioneer and its sister companies, Franklin Well Services and Pioneer Oil Field Services will continue to grow and meet the needs of the oil and gas industry.

In January 1993, Pioneer Oil Company, Inc. moved into newly constructed facilities at Highway 50 and Airport Road near Lawrenceville, Illinois.  This move was to centralize all operations in southern Illinois and Indiana.  Pioneer Oil Company, Inc. has 56 full-time employees and 15 contract pumpers.

 Pioneer Oil Company, Inc. has two Walkneer workover rigs rated at 3,500’ and 5,000’, and one Cooper Unit rated at 7,500’.  The company operates four drilling rigs full-time on both company properties and outside contract work. 

The company also operates three tank trucks, two tractor/trailer oil field floats, four Caterpillars, five backhoes and two pipeline trenching machines.  The equipment and downhole well tubulars and pumps can be repaired in the company’s machine and pump shop.  A variety of pumps, packers, motors, casing, and tubular goods are warehoused at the Lawrenceville facility to meet field requirements efficiently.

Today, Pioneer Oil Company, Inc. operates in Illinois, Indiana, Kentucky, and Kansas.  The company also has lease holdings in Nevada, Utah, and Alaska.  Pioneer Oil Company, Inc. is respected by both the industry and the government regulatory agencies as one of the leading independent operators in the Illinois Basin.

Due to the recent increased activity in unconventional gas resources, Pioneer has developed a leasehold position in excess of 60,000 acres to develop this gas resource.  Commencing in 2008, the company will be producing gas to add to its rich oil history.  As the future progresses, Pioneer plans to increase its gas production to become a major part of the company's assets.