Bryan Sheffield (born 1978) is the founder of Parsley Energy, a company engaged in

hydrocarbon exploration Hydrocarbon exploration (or oil and gas exploration) is the search by petroleum geologists and geophysicists for deposits of hydrocarbons, particularly petroleum and natural gas, in the Earth using petroleum geology. Exploration methods Vis ...

in the

Permian Basin The Permian ( ) is a geologic period and stratigraphic system which spans 47 million years from the end of the Carboniferous Period million years ago (Mya), to the beginning of the Triassic Period 251.9 Mya. It is the last period of the Paleoz ...

that agreed to be acquired by

Pioneer Natural Resources Pioneer Natural Resources Company is an American company engaged in hydrocarbon exploration headquartered in Irving, Texas. It operates in the Cline Shale, which is part of the Spraberry Trend of the Permian Basin, where the company is the larges ...

in 2020. As of 2019, he owned 32 million shares in the company.

Early life and education

Bryan Sheffield is the son of

Scott D. Sheffield Scott Douglas Sheffield (born 1952/53) is an American businessman and president and chief executive officer (CEO) of Pioneer Natural Resources Company. Early life Sheffield received a bachelor's degree in petroleum engineering from the Universi ...

, chief executive officer (CEO) of

. In 2001, he received a Bachelor of Business Administration in Finance from

Southern Methodist University , mottoeng = "The truth will make you free" , established = , type = Private research university , accreditation = SACS , academic_affiliations = , religious_affiliation = United Methodist Church , president = R. Gerald Turner , prov ...

Career

In 2008, Sheffield founded Parsley Energy, taking over 109 old wells that his grandfather Joe Parsley had drilled in the

Midland, Texas Midland is a city in and the county seat of Midland County, Texas, United States. A small part of Midland is in Martin County. At the 2020 census, Midland's population was 132,524. It is the principal city of the Midland, Texas metropolitan ...

area. He had no previous experience in the energy business, just "family connections" and a "trader's taste for risk". In January 2018, Sheffield announced he would resign from his role as CEO of Parsley Energy and become the executive chairman of the company.

Personal life

Sheffield is married, with two children, and lives in

Austin, Texas Austin is the capital city of the U.S. state of Texas, as well as the county seat, seat and largest city of Travis County, Texas, Travis County, with portions extending into Hays County, Texas, Hays and Williamson County, Texas, Williamson co ...

. In August 2019, Sheffield became a minority owner in Austin FC, a

Major League Soccer Major League Soccer (MLS) is a men's professional soccer league sanctioned by the United States Soccer Federation, which represents the sport's highest level in the United States. The league comprises 29 teams—26 in the U.S. and 3 in Canada ...

expansion team based in Austin.

References

{{DEFAULTSORT:Sheffield, Bryan 1978 births American company founders Austin FC owners Living people People from Austin, Texas Southern Methodist University alumni