Lime Rock Partners

Lime Rock Partners is a private equity investment firm established in 1998, dedicated to partnering with and building differentiated businesses within the upstream oil and gas sector. The firm focuses on exploration and production (E&P) companies and oilfield services companies globally. Beyond its core strategy, Lime Rock also manages Lime Rock Resources, which acquires, operates, and enhances lower-risk oil and gas properties in the United States, and Lime Rock New Energy funds, which invest in upstream energy transition companies.

Since its inception, Lime Rock Partners has accumulated over $10.4 billion in total private capital commitments across its various funds, including the Lime Rock Partners, Lime Rock Resources, and Lime Rock New Energy strategies. The firm has made more than 100 investments, demonstrating a long-term commitment to the energy industry through its cyclical nature. Their approach emphasizes creative partner capital, deep industry expertise, people-centered strategies, and a focus on technology leadership to help portfolio companies achieve growth.

Notable investments and portfolio companies include Prime Rock Resources, with whom Lime Rock Partners collaborated to pursue acquisition and development opportunities in the Delaware Basin, and CrownRock, a significant resource holder and active private driller in the Wolfcamp and Wolfberry Plays. Other key investments have included Shelf Drilling, an international shallow water driller, and EV, a leader in downhole video technology. The firm recently announced an equity commitment to Athena Energy and a leadership transition, elevating Jeffrey Scofield to President.

The Lime Rock Partners team prides itself on its specialist finance and operating expertise, global presence, and patient hard work. Key team members include co-founders Jonathan Farber and John Reynolds, along with Jeffrey Scofield, J McLane, Dylan Blackford, Andrew Gautier-Winther, and others who bring extensive experience in the upstream oil and gas sector. The firm's global presence allows for local expertise in home markets and a broad perspective on worldwide industry developments.