EnCap Investments

EnCap Investments L.P., established in 1988, is a Houston, Texas-based private equity firm focused on the oil and gas industry. It specializes in seed, start-up, emerging growth, and early venture investments, typically allocating between $10 million and $350 million per deal. The firm primarily invests in upstream and midstream oil and gas companies, with a particular interest in natural gas pipelines, processing facilities, and energy infrastructure projects. EnCap also considers investments in the energy transition sector. It operates from offices in Houston and Dallas, Texas.

Brent Bechtol

Managing Director

Mark Burroughs Jr.

Managing Director, Upstream Investment

Shawn Cumberland JD

Managing Partner

Jason DeLorenzo

Managing Director

Brooks Despot

Director

Past deals in Oilfield Services

Novo

Venture Round in 2024
Novo Oil & Gas, LLC is an energy exploration and production company founded in 2016 and headquartered in Oklahoma City, Oklahoma. The company focuses on the exploration, drilling, and production of oil and gas in regions such as Oklahoma, West Texas, and Southeast New Mexico. Novo is dedicated to developing various onshore basins across the United States and employs innovative drilling and completion techniques to enhance value. The company's efforts are concentrated on proven, liquids-rich unconventional assets, contributing to the sustainable development of the country's energy infrastructure.

Silverback Exploration

Private Equity Round in 2017
Silverback Exploration is an oil & gas exploration and production company specializing in horizontal drilling. It seeks leasing and drilling opportunities across the U.S., focusing on conventional and unconventional resources plays. The company demonstrated its expertise by successfully developing and selling assets in Reeves County, achieving a fourfold return on investment.

Black Swan Oil & Gas

Private Equity Round in 2017
Black Swan Oil & Gas, LLC is an independent oil and gas exploration and production company based in Edmond, Oklahoma. It operates across 48 states, focusing on the acquisition and development of horizontal resource plays, particularly in the Permian Basin. The company is dedicated to pursuing upstream opportunities by identifying and acquiring leasehold, minerals, and other oilfield investment prospects. Through its strategic approach, Black Swan aims to enhance its operational footprint and deliver sustainable performance for its stakeholders over the long term.

Novo

Venture Round in 2016
Novo Oil & Gas, LLC is an energy exploration and production company founded in 2016 and headquartered in Oklahoma City, Oklahoma. The company focuses on the exploration, drilling, and production of oil and gas in regions such as Oklahoma, West Texas, and Southeast New Mexico. Novo is dedicated to developing various onshore basins across the United States and employs innovative drilling and completion techniques to enhance value. The company's efforts are concentrated on proven, liquids-rich unconventional assets, contributing to the sustainable development of the country's energy infrastructure.

Paloma Resources

Private Equity Round in 2014
Paloma Resources is an oil and gas firm that provides oil and gas reserve exploration, exploitation, acquisition, and production. The company offers services related to oil and gas exploration, acquisition, and development of petroleum acreage.

Silverback Exploration

Private Equity Round in 2013
Silverback Exploration is an oil & gas exploration and production company specializing in horizontal drilling. It seeks leasing and drilling opportunities across the U.S., focusing on conventional and unconventional resources plays. The company demonstrated its expertise by successfully developing and selling assets in Reeves County, achieving a fourfold return on investment.

Laramie Energy

Private Equity Round in 2007
Founded in 2004, Laramie Energy specializes in exploring and developing natural gas reserves from unconventional sources within the U.S. Rockies, with a primary focus on the Piceance Basin of Western Colorado.

Plantation Petroleum Company

Private Equity Round in 2002
Plantation Petroleum Company is an upstream oil and gas company engaged in the exploration, extraction, refining, transportation, and marketing of petroleum products. It serves a diverse clientele, including residential, commercial, industrial, and agricultural sectors. The company is particularly focused on acquiring and developing assets in the Permian Basin region of Texas and New Mexico, aiming to create value through strategic investments and operational efficiencies.
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