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Pioneer Southwest Energy Partners L.P. · Irving, TX United States ·(NYSE: PSE)

Company Description

5205 N. O'Connor Blvd., Ste. 200
Irving, TX
75039
United States (Map)
Phone: 972-444-9001
Fax: 972-969-3516
    It may not be as hip as the Beatles' version, but Pioneer Southwest Energy Partners is hoping for Spraberry Fields Forever. In the Spraberry field (in the Permian Basin), Pioneer Southwest Energy Partners reported proved reserves in 2008 of 22.7 million barrels of oil equivalent and an average production of more than 4,810 barrels per day. The oil and gas exploration company's properties consist of non-operated working interests in 1,100 producing wells. The limited partnership was formed by exploration and production firm Pioneer Natural Resources in 2007 to own and acquire oil and gas properties in Texas and eight counties in southeastern New Mexico. Pioneer Natural Resources controls 68% of the company. To read the full description, subscribe now.
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    Key Pioneer Southwest Energy Partners L.P. Financials

    Company TypePublic - NYSE: PSE

    Headquarters
    Fiscal Year-EndDecember
    2008 Sales (mil.)$153.0
    2008 Employees1,800

    Pioneer Southwest Energy Partners L.P. Executives

    15 executives listed for Pioneer Southwest Energy Partners L.P.'s Irving, TX location.
    TitleName & BioContact
    Chairman and CEOScott SheffieldNetwork
    President and COOTimothy DoveNetwork
    EVP, CFO, Director and TreasurerRichard DealyNetwork

    Competition

    Competitive Landscape for Pioneer Southwest Energy Partners L.P.
    Demand for natural gas depends partly on the health of the US economy and partly on the price of crude oil, a competitive product. The profitability of natural gas companies depends largely on the efficiency of their operations. There are large economies of scale in the production, processing, and distribution of gas, but small companies can effectively compete with large ones in exploration, where technical ability is more important than size. To read the full description, subscribe now.
    Top Pioneer Southwest Energy Partners L.P. Competitors
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