A New Approach to Energy Investment

About Us

Formentera Partners is an energy-focused, private equity strategy founded by Bryan Sheffield and Blake London in 2020. Paul Treadwell and Stephanie Reed, joined the firm in 2021 and 2022, respectively, and together, the partners have worked closely with one another for more than a decade.

Based in Austin, Texas, Formentera responsibly acquires and optimizes producing oil and gas assets in onshore United States basins and strategically develops the assets under management with more than $1.7 billion of cumulative capital commitments to date. The Formentera team leverages substantial experience in operations, engineering and finance to drive continued success and utilizes strict diligence criteria, hedging, streamlined structure and new age technology to produce visible and predictable income returns.

Formentera Operations LLC is the operator for Formentera Partners. Formentera owns and operates around 3,200 wells producing approximately 50,000 barrels of oil equivalent per day through the expertise of over 200 employees in Texas, Oklahoma, North Dakota, Louisiana, and Mississippi.

Formentera Strategy

Low Decline, Producing Assets

Formentera targets mature wells in order to increase the predictability of production. Formentera is basin agnostic and will target a balanced commodity profile in its portfolio.

Substantial Hedging

Formentera uses a systematic hedging strategy and conservative leverage to reduce commodity volatility and increase cash flow visibility.

Highly Experienced Team

Our team's unique experience across operations, engineering and finance allows Formentera to source and quickly evaluate investment opportunities.

New-Age Technology

Formentera utilizes operational experience combined with new-age technology to maximize cost efficiency, increase safety and limit our environmental impact.

Committed Capital

Formentera calls upon a cross section of investors including institutional, family offices as well as individuals. This backing creates substantial flexibility and financial strength.