Pioneer Southwest Energy Partners L.P. · Irving, TX United States ·(NYSE: PSE)
Company Description
Phone: 972-444-9001
Fax: 972-969-3516
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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 Type | Public - NYSE: PSE Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $153.0 |
| 2008 Employees | 1,800 |
Pioneer Southwest Energy Partners L.P. Executives
15 executives listed for Pioneer Southwest Energy Partners L.P.'s Irving, TX location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Scott Sheffield | Network |
| President and COO | Timothy Dove | Network |
| EVP, CFO, Director and Treasurer | Richard Dealy | Network |
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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