Brian Sullivan – Applying Colorado Oil Drilling Strategy to Texas Business

Brian Sullivan – Applying Colorado Oil Drilling Strategy to Texas Business After spending 17 years as a VA and FHA mortgage lender in Pennsylvania, Brian Sullivan was fortunate enough to retire early at the age of 40 in 2003. Upon his retirement, he and his wife, Gabriella, moved to Colorado Springs, Colorado.

There, Brian Sullivan realized that he could apply the internal corporate knowledge he attained as a mortgage banker to the oil and gas industry. In 2004, he went to work for an oil & gas company, where he quickly ascended the corporate hierarchy and was eventually made Vice President.

Upon realizing that his views on proper drilling strategies didn’t align with that company, Sullivan left in 2007 and opened his own business, Fairfield Energy. After becoming frustrated with three dry wells being drilled in a row, he reoriented Fairfield’s drilling practices to his current strategy.

The strategy, which involves drilling wells in oil fields where other oil-rich wells are already present, has proven immensely successful for Sullivan. Since the three dry wells he drilled in 2007, he has since only had successful projects, resulting in an 85% success rate.

After closing Fairfield Energy in 2013, Sullivan moved to Dallas, Texas, and opened the Precision Global Corporation. Once again, after applying his drilling strategy to Precision Global’s projects, the business has only been successful in its projects. At Precision Global, Sullivan groups together accredited investors in a joint venture partnership for oil and gas well drilling. He then manages the joint venture by overseeing every aspect of the process to assure a higher rate of success.

Recently, Sullivan and his team at Precision Global successfully added five wells to their oil field in Archer County, Texas, which lies about 150 miles Northwest of Dallas. This summer, Sullivan hopes to add twenty more wells in the same field. The massive oil and gas industry in Texas has allowed Sullivan to expand his business significantly in the past year.

A main motivation for his entrance into the oil and gas industry was Sullivan’s desire to provide his children with a future of energy independence. The United States Energy Information Administration estimates that the country will reach full energy independence by 2035, and with Sullivan’s active expansion of his business, he is working to accelerate such development.

In addition to providing for his family, Brian Sullivan works each day to do the same for others. In each of his business ventures, Brian Sullivan has prioritized his investors’ portfolios, taking care to be upfront and communicate details about current and future projects. This full-disclosure practice has helped Sullivan to grow his business as his investors value his honesty and drive in protecting their assets.

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