Moriah Energy Investments

What Moriah Energy Investments does

Moriah Energy Investments (MEI) is the upstream oil and gas investment platform of the Moriah Group, founded in 2015 in Midland, Texas by Dale Brown and Cary Brown, who previously co-founded and led Legacy Reserves LP (NYSE: LGCY) from a 1992 startup through a 2007 IPO and over $2.5 billion in cumulative acquisitions. MEI acquires, develops, and operates upstream oil and gas assets across the Permian Basin Eastern Shelf, the Haynesville region, and Texas ranch properties, with investments spanning operated producing and development assets, nonoperated working interest partnerships, and mineral interests. The company's core technology is conventional petroleum engineering — horizontal drilling, workovers, and recompletions — deployed through four primary vehicles: MEI Camp Springs (MEICS), which operates 7,500 net acres in Scurry and Fisher Counties, TX with 16 horizontal wells drilled and 9 remaining locations; MEI Haynesville (MEIHV), which holds nonoperated positions with experienced operators; Blanks Ranch Properties (BRP), which operates 9 horizontal and 28 vertical wells formerly developed by FireWheel Energy; and MEI Minerals (MEIM), which acquires minerals around operated positions.

MEI generates revenue through oil and natural gas production from operated wells, returns from reserve appreciation and subsequent production on acquired and developed assets, and royalty payments on owned mineral interests. The go-to-market is relationship-driven direct investment partnerships with accredited and institutional energy investors, supplemented by a dedicated owner relations team that supports working interest and mineral owners with downloadable tax and banking forms. Since inception, MEI has deployed over $150 million in capital, drawing on the broader Moriah Group platform that includes Moriah Real Estate Company (MREC, $1.7B deployed across office, industrial, multifamily, hotel, retail, and ground development in seven states) and Moriah Development Inc. (MDI, $55M+ deployed across oilfield services, specialty finance, industrial, and technology). The company is privately held with no external institutional investor participation disclosed in available data.

Name

Moriah Energy Investments

Legal name

Moriah Energy Investments

Website

https://moriahenergy.com

Company type

Private

Founded year

2015

Operating status

Operating

Short description

Moriah Energy Investments is a privately-held, Midland, Texas-based upstream oil and gas investment platform founded in 2015 by the former Legacy Reserves team, deploying over $150 million across operated, nonoperated, and mineral positions in the Permian Basin and Haynesville region.

Ownership category

akta.pro rank

Product category

Upstream Oil and Gas Exploration & Production

NAICS

Other Investment Pools and Funds (5259), Other Financial Vehicles (52599)

SIC

Crude Petroleum & Natural Gas (1311)

akta.pro primary industry

Real Assets — Operating Platforms & Direct Investments (FSAAAKAL)

akta.pro secondary industries

Energy & Power Infrastructure Funds (Generation, Transmission, Storage) (FSANAEAB), Natural Resources — Energy & Mineral Resources (FSAAAKAJ)

Keywords

• Upstream oil and gas
• Oil and gas investments
• Permian Basin operations
• Mineral rights acquisition
• Working interest partnerships

Headquarters

HQ city

Midland

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Technology or R&D

Revenue model

1. Oil and Gas Production Revenue: Revenue generated from production of oil and natural gas from operated and non-operated positions across multiple basins including Permian Basin (Eastern Shelf), Haynesville region, and Blanks Ranch Properties. Production revenue is derived from the sale of hydrocarbons extracted from owned and operated wells.
2. Asset Acquisition and Development: The company opportunistically acquires oil and gas reserves and develops them for production, generating returns through reserve appreciation and production revenue. Since inception in 2015, MEI has deployed over $150 million in capital across upstream oil and gas investments.
3. Mineral Interests: MEIM focuses on acquiring mineral interests in and around MEI operated positions, generating revenue through royalty payments from production on those minerals.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Moriah Energy Investments is an upstream oil and gas investment platform that acquires, develops, and operates oil and gas assets across the Permian Basin Eastern Shelf, Haynesville region, and Texas properties. The company manages operated PDP and development assets, nonoperated working interest partnerships, and mineral interests for accredited and institutional investors. Since inception in 2015, MEI has deployed over $150 million in capital across upstream oil and gas investments.

Product overview

Moriah Energy Investments is an upstream oil and gas investment platform for the Moriah Group. The company operates multiple investment portfolios including MEICS (Camp Springs - 7,500 net acre Permian Basin position with 16 horizontal wells drilled), MEIHV (Haynesville nonoperated positions), BRP (Blanks Ranch Properties with 9 horizontal and 28 vertical wells), and MEIM (mineral acquisitions). Additionally, affiliated companies include MREC (real estate investments with $1.7B deployed) and MDI (management team investments with $55M+ deployed). The investment strategies range from operated PDP and development assets to nonoperated working interest or partnerships.

Differentiator

Problem solved

Functional benefit

Products and services

• MEICS (Moriah Energy Investments Camp Springs) Operated upstream oil and gas portfolio on a 7,500 net acre position on the Eastern Shelf of the Permian Basin in Scurry and Fisher Counties, Texas. MEICS has drilled 16 horizontal wells to date with 9 remaining locations expected to be developed, providing accredited and institutional investors exposure to operated horizontal development in a core Permian Basin area.
• MEIHV (Moriah Energy Investments Haynesville) Nonoperated upstream oil and gas investment portfolio targeting undeveloped assets in the Haynesville region with near-term development potential alongside proven, experienced, and active operators. MEIHV provides investors diversified nonoperated exposure outside the Permian Basin.
• BRP (Blanks Ranch Properties) Operated upstream oil and gas portfolio on ranch properties formerly developed by FireWheel Energy, comprising 9 horizontal wells and 28 vertical wells. BRP focuses on maximizing production through workovers, recompletions, and return-to-production opportunities on legacy wells.
• MEIM (Moriah Energy Investments Minerals) Mineral rights acquisition program focused on acquiring minerals in and around MEI's operated positions, generating royalty revenue from production on those minerals and providing additional economic participation in MEI's core areas of operation.

Quantifiable outcome

• Over 47,000 Boe/d production achieved by Legacy Reserves (founded by same team)
• +1 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• EnCap Investments: One of the largest dedicated upstream oil and gas private equity sponsors in the US; comparable as a pooled capital vehicle backing upstream operators with experienced management teams, like MEI's own model.
• Natural Gas Partners: Long-running energy-focused PE firm investing across upstream, midstream, and oilfield services; comparable as a broader incumbent that competes for the same institutional upstream capital and operating teams.
• Post Oak Energy Capital: Energy-focused PE sponsor investing in upstream and midstream; comparable as a pooled investment vehicle sourcing institutional capital for oil and gas development partnerships, similar to MEI's relationship with investor partners.
• Lime Rock Partners: Energy-focused PE sponsor that backs upstream operating teams with capital and resource capabilities; shares MEI's playbook of partnering with proven operators to acquire and develop producing properties.

Direct peers

• Legacy Reserves LP: Predecessor company founded and led by the same Brown brothers who now run MEI; same upstream PDP-acquisition and development strategy in the Permian region, providing a direct apples-to-apples benchmark for MEI's approach.
• Black Stone Minerals: Large public mineral rights owner with Permian exposure; comparable to MEIM's mineral interest strategy and provides a publicly traded reference point for valuing MEI's royalty asset.
• Kimbell Royalty Partners: Public oil and natural gas mineral and royalty partnership; directly comparable to MEIM's royalty acquisition model operating across multiple US producing basins.
• Viper Energy Partners: Public mineral and royalty acquisition company focused on the Permian Basin; directly comparable to MEIM's strategy of acquiring minerals around operated positions to capture royalty upside from third-party drilling.
• Sitio Royalties Corp. Public mineral and royalty company with a Permian-weighted footprint after merging with Brigham Minerals; directly comparable to MEIM's in-basin mineral acquisition strategy around operated acreage.
• FireWheel Energy: Operator of the Blanks Ranch Properties (now MEI's BRP subsidiary) prior to acquisition; same Permian Basin focused upstream operator profile that MEI inherited and continues to run.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

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

M&A

Investments1 record

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

Frequently asked questions about Moriah Energy Investments