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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

Main Phone Number

Transactions

Report Date Amount (MM) Description
2025-07-03 $142,000.00

Riley Permian Closes $142MM Silverback Exploration II Deal

Riley Permian Closes $142MM Silverback Exploration II Deal

Report Date Amount (MM) Description
2025-04-21 $4,100,000.00

Diamondback Energy Closes $4.1B Double Eagle IV Acquisition

Diamondback Energy Closes $4.1B Double Eagle IV Acquisition

Report Date Amount (MM) Description
2022-11-15 --

EnCap Sells Austin, Texas-Based Jupiter Power to BlackRock

EnCap Sells Austin, Texas-Based Jupiter Power to BlackRock

Report Date Amount (MM) Description
2022-03-30 $690.00

Crescent Energy to Acquire EP Energy Utah Assets for $815 Million

Crescent Energy to Acquire EP Energy Utah Assets for $815 Million

Report Date Amount (MM) Description
2022-03-30 $690.00

Crescent Energy to Acquire EP Energy Utah Assets for $815 Million

Crescent Energy to Acquire EP Energy Utah Assets for $815 Million

Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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New Financings

Report Date Type Amount (MM) Description
2021-05-04 EnCap Investments LP Equity $1,200.00

Closed EnCap Energy Transition Fund I LP with proceeds used to invest in companies that advance the…

Report Date Type Amount (MM) Description
2017-12-04 EnCap Investments LP Equity $7,000.00

EnCap Investments LP has closed EnCap Energy Capital Fund XI LP, with capital commitments of $7 billion,…

Report Date Type Amount (MM) Description
2011-01-31 EnCap Investments LP - 2011-01-31 Equity $3,500.00

Closed oversubscribed EnCap Energy Capital Fund VIII LP with $3.5 billion of limited partner capital…

2100-05-23 Transaction $888.88

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2100-05-23 Transaction $888.88

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2100-05-23 Transaction $888.88

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Locked Data

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News

Mach Dives into Permian, San Juan with $1.3B M&A

Midcontinent-focused Mach Natural Resources is expanding into the Permian and San Juan basins, doubling its production and adding greater natural gas exposure.

FTC Frees EnCap, XCL, Verdun to Do Uinta Basin Deals Again

EnCap Investments and its portfolio companies no longer need to seek Federal Trade Commission approval to make oil and gas deals in the Uinta Basin—a condition imposed during the Biden administration.

Riley Permian Closes Silverback Exploration II Deal

Riley Exploration Permian Inc. said on July 2 it closed on its $142 million deal to buy EnCap Investments-backed Silverback Exploration II LLC.

International, Domestic Buyers Clamor for US Shale Gas M&A

Marketing is heating up for gassy assets in the Haynesville, Appalachia and Midcontinent, a sign that natural gas remains one of the bright spots in upstream portfolios, M&A experts tell Hart Energy.

The US Shale Rig Count is Not Falling, Data Show

The net change in the U.S. horizontal rig count is seven rigs—1% —fewer than at year-end 2024, a Hart Energy analysis shows. Instead, the sub-$70 oil price has displaced rigs targeting non-shale targets.

Veteran, Newly Listed Private Producers on Top 100 Hungry for M&A

The new 2025 ranking of top U.S. private producers demonstrates changes in the space following a massive consolidation trend in the upstream sector, Enverus says.

M&A Experts: Expect Brisk Return to Deal Flow in Second Half

Private equity firms are loaded for “pent-up” portfolio rationalization after rampant industry consolidation, particularly in the Permian—but the timing is anyone’s guess.

Espada E&P Startup Nabs Carnelian Backing for Onshore M&A Run

Espada Energy Partners, backed by Carnelian funds, joins a new wave of startup E&Ps hunting for M&A opportunities.

Reports: Mitsubishi Targeting Haynesville E&P Aethon in $8B Deal

Japan’s Mitsubishi is reportedly in talks to acquire Aethon Energy’s Haynesville assets in a deal that could be worth $8 billion.

E&P Startups X2, Rockcliff Hunt for Large-Scale M&A Amid Price Volatility

Private capital is flowing back into shale, with new teams Rockcliff III and X2 Resources zeroing in on overlooked assets in Texas and beyond.

Buyers Scramble for Their Slice of the Haynesville

A natural gas demand wave approaches, but there’s precious little left in the market to buy in the coveted Haynesville Shale.

US Energy M&A Shifts Gassier into Appalachia, Midcon as Oil Slips

U.S. upstream M&A activity reached $2.3 billion in April, defying a sharp 12% collapse in oil prices. Natural gas-driven deals led the way, including EQT’s $1.8 billion Olympus Energy acquisition.

Riley Permian Buys Northwest Shelf E&P Silverback II for $142MM

Riley Exploration Permian Inc. is adding Northwest Shelf assets from EnCap-backed Silverback Exploration II. Riley is also cutting capex and focusing on preserving inventory amid weak oil prices.

New E&P South Wind to Pursue Large-Scale M&A with PE Backing

After selling Fayetteville gas producer Flywheel Energy last year, the team is launching South Wind Exploration & Production with Kayne Anderson financing.

XCL Resources Team Launches X2, Targets Multibillion-Dollar M&A

X2 Resources, led by the team behind XCL Resources, is targeting $500 million to multibillion-dollar acquisitions across “premier” oil and gas basins with backing from EnCap and other investors.