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Parsley Energy

company

Parsley Energy was an independent oil and natural gas company primarily focused on the acquisition, development, and exploitation of unconventional oil and natural gas reserves in the Permian Basin of West Texas and New Mexico. Known for its aggressive growth strategy and efficient operations, the company was a significant player in the U.S. shale industry before being acquired by Pioneer Natural Resources in January 2021.

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Founded 2008 550 employees Parent: Pioneer Natural Resources
Oil & Gas Exploration & Production CompanyOperatorDeveloper

Strategic Overview

  • Focused on horizontal drilling and hydraulic fracturing techniques to maximize recovery in the Permian Basin.
  • Achieved significant production growth through organic development and strategic acreage acquisitions.
  • Emphasized capital efficiency and shareholder returns during its operational history.

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Key People

Bryan Sheffield
Founder, Former CEO

Track Record

13
Years Active
$B7.6B
Total Value
Notable projects: Extensive oil and gas development in the Permian Basin

Detailed Analysis

Technologies
Oil & Gas (Upstream)Midstream Infrastructure
Geographies
United StatesNorth America
Deal Stage
GreenfieldBrownfieldOperating

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