Ridgewood Energy
- Company typePrivate
- Founded1987
- HeadquartersWilmington, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
Ridgewood Energy firmographics
Firmographics- Name
- Ridgewood Energy
- Legal name
- Ridgewood Energy Corporation
- Website
- https://ridgewoodenergy.com
- Company type
- Private
- Founded year
- 1987
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Ridgewood Energy industry classification
Industry- Product category
- Private Equity / Energy Investment Management
- NAICS
- Portfolio Management and Investment Advice (52394), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Energy & Power Infrastructure Funds (Generation, Transmission, Storage) (FSANAEAB)
- akta.pro secondary industry
- Natural Resources — Energy & Mineral Resources (FSAAAKAJ)
Keywords
Where Ridgewood Energy is headquartered
LocationHeadquarters
- HQ city
- Wilmington
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Ridgewood Energy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Ridgewood Energy product offering
Product offeringCore offering
Ridgewood Energy is a private equity firm that invests in U.S. Deepwater Gulf of America oil and gas projects through managed funds, partnering with leading operators to develop producing fields, projects under development, and exploration prospects. The firm manages multiple private equity funds (e.g., Ridgewood Energy V Fund, Ridgewood Energy T Fund) and deploys capital across a diversified portfolio of conventional offshore oil and gas assets accessed via subsea tiebacks to floating production systems. Ridgewood also offers a Responsible Investing / ESG-aligned investment approach adhering to UN Principles for Responsible Investment.
Product overview
Ridgewood Energy is a private equity firm offering a diversified portfolio of U.S. Deepwater Gulf of America oil and gas investment opportunities. The company's core offering consists of direct investments in producing oil and gas fields, projects under development, and exploration prospects across the Gulf of America basin. The portfolio includes 35+ named assets (Beta, Big Bend, Buckskin, Cardona, Claiborne, Crawdad, Dantzler, Diller, Fiji/LaFemme, Katmai East/Northwest/West, Khaleesi, King's Quay, Kingsroad, Kingsroad South, Kodiak, Longclaw, Marmalard, Mission West, Mormont, Neidermeyer, Odd Job, Polaris, Praline, Samurai, South Santa Cruz, Spruance, Steelhead, Sunspear, Tchoupitoulas, Thibodeaux, and Yeti), operated by various independent energy companies including Talos, Walter Oil & Gas, Murphy Oil, Kosmos Energy, LLOG Exploration, and Beacon Offshore Energy. Production is facilitated through various floating production systems and subsea tiebacks. The firm also offers a responsible investing/ESG approach aligned with UN PRI principles targeting among the lowest-cost and lowest-carbon barrels in North America.
Differentiator
Problem solved
Functional benefit
Products and services
- Ridgewood Energy Private Equity Funds (U.S. Deepwater Gulf of America Oil and Gas) Private equity fund vehicles that allow institutional investors to commit capital to direct investments in U.S. Deepwater Gulf of America oil and gas projects — producing fields, development projects, and exploration prospects — operated by leading partners such as Talos, Walter Oil & Gas, Murphy Oil, Kosmos Energy, LLOG Exploration, and Beacon Offshore Energy.
- Responsible Investing / ESG Services Ridgewood Energy's ESG-focused investment approach encompassing environmental, social, and governance factors. The firm targets low-carbon-footprint oil and gas production in the U.S. Deepwater Gulf of America, adhering to UN Principles for Responsible Investment and offering institutional investors an ESG-aligned exposure to offshore oil and gas.
Quantifiable outcome
- Projects can produce 15-20x more than typical onshore wells per barrel
- +2 more outcomes
Companies that use Ridgewood Energy
Customer profileSegments1 record
Ideal customer profiles1 record
Ridgewood Energy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Ridgewood Energy partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core, major and supporting.
- Walter Oil & GascoreOperates the Beta multi-well deepwater oil discovery in the Ewing Bank area of the Gulf of America. Beta achieved first oil on July 9, 2016 and is producing through the Beta standalone drilling and production platform. Also operates the Claiborne Project via subsea tieback to the Beta production platform.
- Talos EnergycoreOperates multiple projects including Big Bend (single-well deepwater oil discovery in Mississippi Canyon, first oil October 26, 2015, producing through Thunder Hawk facility), Dantzler (two-well subsea tieback), Katmai East (producing in Green Canyon), and is operator of the Monument oil discovery in Walker Ridge blocks.
- LLOG ExplorationmajorOperates Buckskin project (acquired as a discovery), Praline (producing in Mississippi Canyon, discovery Q2-2017), and Spruance (producing in Ewing Bank, acquired as discovery Q3-2020).
- Beacon Offshore EnergycoreOperates Claiborne Project (Mississippi Canyon, producing via subsea tieback to Beta platform), Fiji/LaFemme Project (producing via Delta House FPS), Steelhead (producing in Viosca Knoll), and the Monument oil discovery in Walker Ridge blocks.
- Murphy Oil CorporationcoreOperates King's Quay FPS for the Khaleesi, Mormont, and Samurai discoveries; also operates Diller Project (developed as subsea tieback to Delta House), Katmai West, and Khaleesi. King's Quay facility also has capacity for other nearby discoveries.
- Kosmos EnergymajorOperates Kodiak (producing in Mississippi Canyon, discovery Q1-2020) and South Santa Cruz Project (producing via subsea tieback to Blind Faith FPS operated by Chevron, discovery Q2-2015).
- SBM OffshoresupportingOwner of the Thunder Hawk FPS production facility through which Big Bend and Dantzler fields produce in the Gulf of Mexico.
- Chevron CorporationsupportingOperates the Blind Faith FPS facility through which the South Santa Cruz Project produces via subsea tieback in the Mississippi Canyon area.
- Delta House FPScoreFloating Production System operated by Murphy Oil Corporation that supports production from multiple projects including Diller, Marmalard, and Neidermeyer through subsea tiebacks.
Scale indicators6 records
Recent moves6 records
Expansion highlights4 records
Ridgewood Energy competitors and assessment
Company assessmentOthers
- Talos Energy: Talos Energy is a leading U.S. Gulf of Mexico operator and a strategic operating partner on multiple Ridgewood projects (Big Bend, Dantzler, Katmai, Monument); included as an ecosystem participant and key counterparty rather than a direct PE competitor.
Direct peers
- Tailwater Capital: Tailwater Capital is a private equity firm focused on North American oil and gas upstream and midstream investments, with a similar non-operator co-invest model and direct comparability to Ridgewood's deepwater-focused strategy.
- Pearl Energy Investments: Pearl Energy is a Dallas-based private equity firm focused on North American upstream oil and gas with a similar non-operator partnership model and comparable deal sizes to Ridgewood's portfolio.
- Energy Capital Partners: Energy Capital Partners is a private equity firm focused on power generation, midstream, and energy infrastructure with material upstream investments, comparable to Ridgewood in energy-focused PE mandate and institutional LP base.
- EnCap Investments: EnCap is one of the largest energy-focused private equity firms in North America, investing across upstream oil and gas with a similar non-operator, sponsor-co-invest model to Ridgewood. Directly comparable in mandate, structure, and LP base.
- ArcLight Capital Partners: ArcLight is a private equity firm focused on energy infrastructure and power, with material upstream investments and a fund structure directly comparable to Ridgewood's energy infrastructure mandate.
- Quantum Capital Group: Quantum Capital Group is an energy-focused private equity firm investing across upstream oil and gas with a comparable non-operator sponsor model to Ridgewood, often partnering with operating companies in U.S. basins.
Broad incumbents
- Blackstone (Energy Partners): Blackstone Energy Partners is a large-scale private equity platform investing across the energy value chain including upstream oil and gas; broader and larger than Ridgewood but operates an overlapping energy PE mandate.
- KKR (Energy & Infrastructure): KKR's Global Infrastructure and Energy Real Assets funds invest in upstream oil and gas and energy infrastructure globally, with overlapping sector exposure to Ridgewood but at materially larger AUM scale.
Emerging players
- Waveland Ventures: Waveland Ventures is a smaller energy-focused private equity firm investing in U.S. oil and gas opportunities with a non-operator sponsor model, partially comparable in scale and approach to Ridgewood's deepwater strategy.
Market position
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Ridgewood Energy social profiles
Digital presenceRidgewood Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ridgewood Energy leadership team
Management profileNumber of profiles
Profiles10 records
Ridgewood Energy funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ridgewood Energy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ridgewood Energy
What does Ridgewood Energy do?
Ridgewood Energy is a private equity firm that invests in U.S. Deepwater Gulf of America oil and gas projects through managed funds, partnering with leading operators to develop producing fields, projects under development, and exploration prospects. The firm manages multiple private equity funds (e.g., Ridgewood Energy V Fund, Ridgewood Energy T Fund) and deploys capital across a diversified portfolio of conventional offshore oil and gas assets accessed via subsea tiebacks to floating production systems. Ridgewood also offers a Responsible Investing / ESG-aligned investment approach adhering to UN Principles for Responsible Investment.
Is Ridgewood Energy a public or private company?
Ridgewood Energy is a private company. It is classified as management employee owned and is currently operating.
When was Ridgewood Energy founded?
Ridgewood Energy was founded in 1987. It employs 101 to 250 people.
Where is Ridgewood Energy based?
Ridgewood Energy is headquartered in Wilmington, United States, in the North America region.
Who are Ridgewood Energy's main competitors?
Talos Energy is listed as an others. Direct peers are Tailwater Capital, Pearl Energy Investments, Energy Capital Partners, EnCap Investments, ArcLight Capital Partners and Quantum Capital Group. Broad incumbents are Blackstone (Energy Partners) and KKR (Energy & Infrastructure). Waveland Ventures is listed as an emerging player.
Does Ridgewood Energy have an API?
No public API is recorded for Ridgewood Energy.
What industry is Ridgewood Energy in?
Ridgewood Energy's product category is Private Equity / Energy Investment Management. Its primary akta.pro industry code is FSANAEAB, Energy & Power Infrastructure Funds (Generation, Transmission, Storage), with a secondary code of FSAAAKAJ, Natural Resources — Energy & Mineral Resources. Its NAICS code is 52394 and its SIC code is 6282.