Detring Energy Advisors

What Detring Energy Advisors does

Detring Energy Advisors is a Houston-based boutique advisory firm specializing in upstream oil and gas acquisitions and divestitures (A&D). Founded in September 2014 by Derek Detring, the firm represents sellers and buyers of working interests, mineral/royalty positions, and operated upstream assets across all major US basins. Its target middle-market segment covers asset values between $30MM and $500MM+, while affiliate PetroDivest Advisors (launched August 2018) extends coverage to the lower middle-market segment for assets sized $5MM-$30MM. The client base spans family-owned operators, mid-cap E&Ps, private equity sponsors, and large-cap multinationals including Chevron, ConocoPhillips, Shell, EOG Resources, Pioneer Natural Resources, Apache, and EnCap Investments.

The firm's core offering combines multi-disciplinary technical analysis with a proprietary distribution channel. Detring maintains a buyer network of over 10,000 business development professionals at oil & gas companies, private equity firms, and financial sponsors, providing first-look deal distribution. Its sell-side process is structured in five phases—pre-engagement evaluation, project launch, buyer evaluation with virtual data rooms, bid date and negotiation, and diligence to closing—typically spanning 4-5 months. The in-house technical team covers engineering, geology, and petrophysics, enabling proprietary market value estimates and basin-agnostic coverage. Track record includes over 175 closed transactions representing more than $6.5 billion in upstream value and over 1 million net acres, while the team's collective transaction experience exceeds $50 billion.

Detring operates on a transaction-fee revenue model with advisory fees tied to deal closing, with no publicly disclosed pricing. The firm is privately held by founder Derek Detring with no institutional investors disclosed. Distribution is exclusively direct through client engagement and the proprietary buyer network; no indirect channels exist. The team comprises approximately 15-20 professionals including a President, two Managing Directors, Directors across disciplines, a Vice President, Associates, Analysts, Technicians, and a Marketing Coordinator. The firm has continued to expand headcount in 2023-2026 across both senior and junior roles, signaling active capacity buildout, and maintains active engagements across basins including the Permian, Midland, DJ, Central Basin Platform, Mid-Continent, Gulf Coast, and offshore Gulf of Mexico.

Name

Detring Energy Advisors

Legal name

Detring Energy Advisors

Website

https://detring.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1–10 employees

Short description

Detring Energy Advisors is a Houston-based boutique A&D advisory firm founded in 2014 that specializes in upstream oil and gas acquisitions and divestitures. It serves middle-market clients ($30MM-$500MM+ assets) directly and lower middle-market clients ($5M-$30MM) via subsidiary PetroDivest Advisors across all major US basins.

Ownership category

akta.pro rank

Product category

Energy M&A Advisory Services

NAICS

Other Management Consulting Services (541618)

SIC

Services-Management Consulting Services (8742), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Divestitures, Carve-Outs & Spin-Off Advisory (FSAEAGAL)

akta.pro secondary industry

Divestitures, Spin-offs & Carve-outs Advisory (BPAHADAJ)

Keywords

• Upstream oil gas advisory
• Acquisition divestiture services
• Asset valuation advisory
• Energy M&A advisory
• Petroleum A&D advisory

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. A&D Advisory Fees: Advisory services for upstream oil and gas acquisitions and divestitures. Revenue generated through transaction advisory fees tied to deal closing.
2. PetroDivest Advisory Services: Lower middle-market upstream divestitures through affiliate PetroDivest Advisors serving $5M-$30M asset range.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

Detring Energy Advisors is a boutique upstream oil and gas acquisition and divestiture (A&D) advisory firm that represents clients in the sale, purchase, and valuation of working interests, mineral/royalty positions, and operated upstream assets. The firm shepherds engagements through a five-step sell-side process (pre-engagement evaluation, project launch, buyer evaluation with virtual data rooms, bid date and negotiation, and diligence to closing), typically spanning 4-5 months. Through its PetroDivest Advisors subsidiary, the firm extends the same model to lower middle-market assets sized $5M-$30M.

Product overview

Detring Energy Advisors operates two distinct but complementary offerings: Detring Energy Advisors (middle-market A&D advisory for $30MM-$500MM+ assets) and PetroDivest Advisors (lower middle-market for $5M-$30M assets). Both services leverage a proprietary buyer network of over 10,000 professionals, cutting-edge analytics, and clearly documented sell-side processes to advise on upstream oil and gas acquisitions and divestitures. The company shepherds engagements through a five-step process: Pre-Engagement Evaluation, Project Launch, Buyer Evaluation & Data Rooms, Bid Date & Negotiation, and Diligence & Closing. The PetroDivest platform displays current engagement opportunities across various U.S. basins.

Differentiator

Problem solved

Functional benefit

Brands

• PetroDivest: Lower middle market upstream oil and gas divestiture advisory services for assets sized $5M-$30M, operating as an affiliate of Detring Energy Advisors.

Products and services

• Detring Energy Advisors Middle-Market A&D Advisory Acquisition and divestiture advisory services for upstream oil and gas assets valued $30MM-$500MM+, including working interests and mineral/royalty opportunities, with asset-agnostic coverage across all U.S. basins. Includes pre-engagement evaluation, project launch, buyer evaluation with virtual data rooms, bid date and negotiation, and diligence to closing over a typical 4-5 month timeline.
• PetroDivest Advisors Lower Middle-Market A&D Advisory Affiliate advisory service for lower middle-market upstream oil and gas divestitures and acquisitions with assets sized $5M-$30M, delivering in-depth engineering, geologic, and petrophysical analysis for the small-cap oil and gas sector. Operates through the same structured five-step sell-side process as the parent firm.

Quantifiable outcome

• 175+ transactions closed
• +4 more outcomes

Named customers15 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• PetroDivest AdvisorscoreStrategic or Co-development Partner · 1 August 2018Affiliate company serving the lower middle-market upstream oil & gas sector with assets sized $5M-$30M. PetroDivest delivers in-depth engineering, geologic, and petrophysical analysis and ensures maximum value for clients in the small-cap oil and gas sector. Founded by Derek Detring in August 2018 as a subsidiary of Detring Energy Advisors.

Scale indicators8 records

Recent moves6 records

Expansion highlights4 records

Others

• Enverus (formerly DrillingInfo): Energy-focused SaaS, data analytics, and research platform serving upstream, midstream, and energy transition customers. Adjacent to Detring's business via data/research/analytics used in A&D underwriting; one of Detring's team previously worked at DrillingInfo (now Enverus).

Direct peers

• Lantana Energy Advisors: Houston-based boutique upstream oil and gas A&D advisory firm focused on mid-cap divestitures and acquisitions. Closely comparable to Detring on niche focus, size, and target client base, and a member of Detring's senior team previously served as Director at Lantana.
• Petrie Partners: Boutique investment bank specializing in energy, particularly upstream oil and gas M&A and financing advisory. Directly comparable to Detring as a middle-market A&D specialist serving E&P and PE clients with similar transaction profiles.
• EnergyNet: Online auction platform and A&D marketplace specializing in upstream oil and gas property transactions, including producing properties, working interests, and mineral/royalty interests. Comparable competitor serving the same mid- and small-cap upstream A&D market via a different delivery model.
• Pickering Energy Partners: Houston-based energy-focused financial advisory firm providing M&A, capital raising, and restructuring services to upstream and midstream clients. Highly comparable boutique peer with similar geographic focus and middle-market deal size range.

Emerging players

• Kimmeridge Energy Management: Energy-focused alternative asset manager and advisor investing in and advising upstream oil and gas opportunities, with growing focus on energy transition. Emerging player with partial overlap in upstream M&A advisory and an adjacent capital-deployment model.

Broad incumbents

• Jefferies Energy Investment Banking: Large full-service investment bank with a dedicated energy group providing M&A advisory, capital markets, and restructuring to upstream and integrated energy clients. Competes with Detring on larger middle-market and small-cap mandates with greater balance sheet and global reach.
• Tudor, Pickering, Holt & Co. (Perella Weinberg Partners): Energy-focused investment bank (acquired by Perella Weinberg in 2022) that advises on upstream, midstream, and energy transition M&A, capital raising, and restructuring. Significantly larger and broader incumbent that competes with Detring for middle-market mandates and offers additional capabilities.
• Wells Fargo Energy A&D Group: Long-standing energy A&D advisory practice within Wells Fargo Securities that provides buy- and sell-side advisory, fairness opinions, and capital raising for upstream oil and gas clients. Detring's founder previously worked in this group, and it is a direct competitor on larger middle-market mandates.
• Tristone Capital (Macquarie): Energy-focused investment bank (acquired by Macquarie) historically serving upstream A&D advisory and capital raising for E&P clients. Comparable to Detring on focus area, with one of Detring's senior team members having previously worked at Tristone/Macquarie.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/detring-&-associates-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Detring Energy Advisors