Lime Rock Partners LLC
About
Lime Rock Partners is a creative private equity investment partner focused solely on the upstream oil and gas sector. Our funds have received over $8.9 billion in total private capital commitments including over $6.5 billion made to the Lime Rock Partners strategy.
Editor's note: Updated March 19, 2020.
Headquarters Address
United States
Website
www.lrpartners.comTransactions
Ring Energy Closes Central Basin Platform M&A from Lime Rock
Ring Energy Closes Central Basin Platform M&A from Lime Rock
Rod and Tubing, Certus Combine to Form Premier Provider of Oilfield Tubular Inspection Services
Rod and Tubing, Certus Combine to Form Premier Provider of Oilfield Tubular Inspection Services
Rod and Tubing, Certus Combine to Form Premier Provider of Oilfield Tubular Inspection Services
Rod and Tubing, Certus Combine to Form Premier Provider of Oilfield Tubular Inspection Services
Arena Energy Emerges from Bankruptcy Under Ownership of San Juan Offshore
Arena Energy Emerges from Bankruptcy Under Ownership of San Juan Offshore
Louisiana Austin Chalk Private Operators Prime Rock, New Dawn Team Up
Louisiana Austin Chalk Private Operators Prime Rock, New Dawn Team Up
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New Financings
Closed its fifth Lime Rock Resources fund, Lime Rock Resources V, with capital commitments to the fund…
Priced a private offering of 5.000% senior unsecured notes due 2029. CrownRock, an oil and gas producing…
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Instantly unlock over 15 years of A&D transactions and financing data.
News
Buying Time: Continuation Funds Easing Private Equity Exits
An emerging option to extend portfolio company deadlines is gaining momentum, eclipsing go-public strategies or M&A.
Classic Rock, New Wells: Permian Conventional Zones Gain Momentum
Spurned or simply ignored by the big publics, the Permian Basin’s conventional zones—the Central Basin Platform, Northwest Shelf and Eastern Shelf—remain playgrounds for independent producers.
Oxy’s Hollub Drills Down on CrownRock Deal, More M&A, Net-zero Oil
Vicki Hollub is leading Occidental Petroleum through the M&A wave while pioneering oil and gas in EOR and DAC towards the goal of net-zero oil.
Occidental Closes $12 Billion Acquisition of CrownRock
Occidental has already started the process of reducing debt incurred through its acquisition of CrownRock LP with an $817 million sale in late July of Delaware Basin assets to Permian Resources.
It’s All Relative: Family Oil Companies Attract Huge M&A Attention
What role do firms controlled by descendants of the original Permian Basin wildcatters play in a sector increasingly dominated by scale?
After Record Year, Permian Basin Set for Even More M&A in 2024
The big have grown bigger and Tier 1 acreage is even pricier in America’s hottest oil basin.
Analysts: Permian Basin Rigs Plummeted on Record Upstream M&A
A land grab for top-quality drilling locations fueled record Permian Basin M&A activity in 2023. To preserve inventory, E&Ps are radically slashing drilling activity on their new assets, East Daley Analytics reports.
Private Equity Exits Hit Five-year High with Occidental Deal for CrownRock
By value, Occidental Petroleum’s Dec. 11 deal for CrownRock, combined with other private-equity exits, totaled about $30 billion in 2023.
Occidental to Acquire Midland Basin E&P CrownRock for $12B
Occidental Petroleum said the purchase of CrownRock includes 1,700 undeveloped locations, 750 of which break even at prices of less than $40/bbl of WTI.
ConocoPhillips Weighs Bid for Permian's CrownRock to Challenge Rivals
Houston-based Conoco, the largest U.S. oil and gas producer after Exxon Mobil Corp. and Chevron Corp., expressed interest in participating in the sale process for privately held CrownRock, which is valued at between $10 billion and $15 billion, sources said.
E&P Private Equity Report: Where’d the Billions Go?
Based on a first-hand survey, E&P private equity and debt providers were asked to describe their investing interests and capacity then versus now. Here are the results.
Private Equity Investor Lime Rock Closes $203 Million Acquisition Fund
The acquisition fund, in which the Goldman Sachs Asset Management Vintage Funds served as the lead investor, received $134 million in new capital commitments to it and a separate co-investment vehicle.
Oil and Gas Investor Energy Capital: Greenlighted
Private equity dollars are chasing the next growth opportunity, and it’s green. But how will that coexist with oil and gas?
Minerals Private Equity: Weathering the Storm
Private-equity companies and their mineral portfolios have been quick in their response to the dramatic slowdown of drilling activity in the shale patch.
Louisiana Austin Chalk Private Operators Team Up With New JV
Lime Rock-backed Prime Rock Resources and New Dawn Energy formed a JV to jointly develop roughly 120,000 net acres in the red-hot Louisiana Austin Chalk.
IndustryVoice
IndustryVoice: Capital Options—Lime Rock Partners
What differentiates Lime Rock from other veteran North American E&P capital providers is its selectivity, creativity and partnership.