EnCap Investments LP
About
Since 1988, EnCap Investments has been the leading provider of venture capital to the independent sector of the U.S. oil and gas industry. The firm has raised 21 institutional oil and gas investment funds totaling about $37 billion and currently manages capital on behalf of more than 350 U.S. and international investors.
Headquarters Address
1100 Louisiana Street, Suite 4900
Houston, TX 77002
United States
Website
www.encapinvestments.comMain Phone Number
Transactions
EnCap Sells Austin, Texas-Based Jupiter Power to BlackRock
EnCap Sells Austin, Texas-Based Jupiter Power to BlackRock
Crescent Energy to Acquire EP Energy Utah Assets for $815 Million
Crescent Energy to Acquire EP Energy Utah Assets for $815 Million
Crescent Energy to Acquire EP Energy Utah Assets for $815 Million
Crescent Energy to Acquire EP Energy Utah Assets for $815 Million
Goodrich Petroleum Agrees to $480 Million Sale to Paloma
Goodrich Petroleum Agrees to $480 Million Sale to Paloma
Earthstone Energy Tacks on Another Multimillion-Dollar Permian Basin Deal
Earthstone Energy Tacks on Another Multimillion-Dollar Permian Basin Deal
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New Financings
Closed EnCap Energy Transition Fund I LP with proceeds used to invest in companies that advance the…
EnCap Investments LP has closed EnCap Energy Capital Fund XI LP, with capital commitments of $7 billion,…
Closed oversubscribed EnCap Energy Capital Fund VIII LP with $3.5 billion of limited partner capital…
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News
Tom Ward: Mach Looks to Other Basins as Midcon Competition Heats Up
When other E&Ps were packing up and exiting Oklahoma, Mach Natural Resources went all-in on the Midcontinent. Now Mach CEO Tom Ward says the company is exploring M&A options in other basins as competition and prices creep back up.
SM Energy to Buy XCL Resources in $2.55B Entry into Uinta Basin
SM Energy has entered into a joint acquisition with Northern Oil and Gas to buy XCL Resources’ oil-heavy Uinta Basin assets in a core area that SM says competes with the Midland Basin.
Watching the Uinta: XCL Petitions the FTC to Approve Altamont Acquisition
XCL Resources' petition was required under a prior agreement EnCap Energy Capital Fund XI struck with the FTC in 2022, which required the private equity group to sell off EP Energy’s Utah oil business.
Private E&Ps Pursue Dollars Amid Change
Producers contend with roiled capital markets as consolidation alters the strategic landscape.
Private E&P Point Energy Triples Delaware Basin Production to 15,000 bbl/d
Point Energy Partners has since brought on an additional 15 wells and has 12 more coming online later this year in Ward County, Texas, while its leasehold in northern Loving County is tied up in a dispute with Matador Resources.
PE Firm Pearl to Monetize $355MM in Permian Resources Shares
Since forming through a merger in 2022, Permian Resources has reduced its stock ownership by a group of private equity backers from over 50% of the company’s outstanding shares to 16% today.
By the Horns: Matador Wrangles Ameredev Deal for Delaware Scale
Matador Resources expects its enterprise value to reach $11.5 billion after acquiring Ameredev II for $1.9 billion in cash—not bad for a brand launched in 1983 with friends-and-family financing.
Matador Resources Buys EnCap E&P Ameredev II for $1.9B
Matador Resources is expanding its Delaware Basin footprint in West Texas and New Mexico with the acquisition of EnCap-backed operator Ameredev II.
Permian Pulse: Franklin Mountain Stands Out Among Delaware M&A Targets
Franklin Mountain was a relative nobody when the company bid for Delaware Basin acreage in a 2018 BLM auction. Today, it’s one of the largest private U.S. oil producers and a major target for acquisition.
The Shape of M&A to Come: Is Devon Up Next to Join the Spree?
ConocoPhillips' recent $17.1 billion deal to acquire Marathon Oil came after the company missed out on buying CrownRock and Endeavor, two companies Devon Energy took a hard look at, Moelis’ Stephen Trauber said.
Earthstone’s Anderson Relaunches, Seeks Conventional
The new E&P PetroPeak Energy will also take a look at unconventional property in the Eagle Ford and Austin Chalk.
Permian M&A: Oxy Shops Delaware Assets, Family Oil Cos. Stand Out
As operators scour the Permian Basin for M&A opportunities, they’re keeping an eye on a tepid divestiture market. Family-owned oil companies also stand out among the pack of private inventory holders remaining in the Permian, according to Enverus Intelligence Research.
Energy Transition in Motion (Week of May 10, 2024)
Here is a look at some of this week’s renewable energy news, including $1.5 billion in investment commitments for low-carbon energy initiatives.
It’s Complicated: E&Ps Find Some Financial Tailwinds, But It’s Not All Smooth Sailing
Relatively stable WTI prices in the $80s/bbl provide some breathing room as companies allocate cash for operations, and pragmatism is seeping into the energy transition movement.
Novo II Reloads, Aims for Delaware Deals After $1.5B Exit Last Year
After Novo I sold its Delaware Basin position for $1.5 billion last year, Novo Oil & Gas II is reloading with EnCap backing and aiming for more Delaware deals.