U.S. shale player Pioneer Natural Resources said it aims to boost production by at least 10 percent and spend around $2.6 billion despite the weakened market. Pioneer said it plans to keep about 18 rigs in service in the Spraberry/Woflcamp shale basin in Texas during 2016. Last year, the company said it was standing pat on regional rig activity and, in its recent update, said it was idling two rigs in the Eagle Ford shale reserve area in Texas. The company estimates total production for 2016 should be between 10 and 15 percent higher than last year. Growth should continue through at least 2018. In terms of spending, the company said its capital program […]