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Pioneer Natural Resources was created in 1997 by the merger of Parker & Parsley Petroleum Company and MESA Inc., owned by Thomas Boone Pickens. [2]In May 2016, CEO and chairman Scott D. Sheffield was succeeded by Timothy Dove.
Bryan Sheffield (born 1978) is a businessperson in the oil and gas industry. He founded Parsley Energy in 2008, which was sold to his father Scott D. Sheffield's company Pioneer Natural Resources in 2021. [2] Since then, Sheffield has operated a private equity company. [2] Sheffield is a major donor to Donald Trump's presidential campaigns. [2] [3]
During the COVID pandemic, Sheffield petitioned the Texas Railroad Commission to curtail oil production in order to raise oil prices. [12]In May 2024, during its antitrust review of ExxonMobil's acquisition of Pioneer Natural Resources, the Federal Trade Commission (FTC) alleged that Scott Sheffield had illegally colluded with OPEC and OPEC+, a related cartel of oil-producing countries, to ...
To transport the record volume of oil and natural gas, Texas pipeline infrastructure expanded to 465,025 miles – an increase of 13,000 miles from 2022-2023, according to the Texas Railroad ...
Parsley Energy's (PE) second-quarter average daily equivalent production volume surges 67% year over year. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290 ...
Jan. 5—Austin Utilities is preparing for natural gas prices that may be 30-35% higher this winter. According to the US Energy Information Administration Winter Fuels Outlook, October 2021 ...
1996 - Acquired control of Mesa Petroleum. In 1997, after Rainwater's wife fired T. Boone Pickens, the company merged with Parker & Parsley to form Pioneer Natural Resources [7] Late 1990s - When oil was trading at $12/barrel, Rainwater invested $100 million in energy stocks and $200 million in oil futures.
The average price per gallon of regular unleaded in the Austin metro has jumped 22 cents per gallon in the past week to $3.44. Austin gas prices rising; experts say trend could continue. Here's ...