# EnCap Investments

> EnCap Investments is a VC fund in Houston backing Energy and Oil and Gas. See 9 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Houston, United States
- Total investments: 9
- Last investment: Jul 2026
- Lead investor: 56%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/encap-investments-energy-transition/about/
- Website: http://www.encapinvestments.com
- Facebook: https://www.facebook.com/EnCap-Investments-LP-351948168158468/?rf=119225938145609

EnCap Investments is a venture capital and private equity firm that specializes in seed, start-ups, emerging growth, and early venture investments. It invests in upstream and midstream oil and gas companies. Within midstream assets, it prefers to invest in natural gas pipelines, gathering, processing facilities, energy infrastructure, natural gasgathering, treating, compression, processing and storage operations; oil gathering, and transportation.EnCap Investments was founded by David B. Miller and Gary R Petersen in 1088; and is headquartered in Houston, Texas.

## Contacts

5 contacts available for EnCap Investments. Shizune tracks 4 team members at EnCap Investments. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/encap-investments?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Energy | 6 | 67% |
| Oil and Gas | 5 | 56% |
| Energy Efficiency | 2 | 22% |
| Energy Management | 2 | 22% |
| Natural Resources | 2 | 22% |

11 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Private Equity | 5 | 56% |
| Seed | 1 | 11% |
| Debt Financing | 1 | 11% |
| Post-IPO Equity | 1 | 11% |
| Venture - Series Unknown | 1 | 11% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Jason DeLorenzo | Managing Partner | 3 | — |
| Brad Thieleman | Partner | 1 | — |
| David B. Miller | Co-Founder and Managing Partner | 0 | — |
| Gary R Petersen | Managing Partner/Co-Founder | 0 | — |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Verde Operating Company | Verde Operating Company is an independent oil and gas company. The company buys and runs oil and gas fields. |  | Venture - Series Unknown | Jul 24, 2026 |  |
| X2 Resources | X2 Resources is a oil and gas company that targets multibillion-dollar opportunities across premier basins. |  | Seed | Apr 24, 2025 |  |
| Linea Energy | Linea Energy's objective is to accelerate renewable energy transition through ruthlessly efficient development and innovation. |  | Debt Financing | Jan 08, 2025 |  |
| Novo | Novo creates value uses drilling, exploration, and completion methods to provide value. Their business is dedicated to the purchase and development of assets. As a management team, their collection of subsurface, business, and accountants collaborated to add value to the liquids-rich STACK play. |  | Private Equity | Apr 23, 2024 |  |
| Bleutec Industries | Bleutec Industries produce binary marine installation Solution to the Offshore wind industry. |  | Private Equity | Nov 30, 2022 |  |
| Sabalo Energy | Sabalo Energy is a privately held company that invests in the energy sector through exploration, development, and production. Sabalo is headquartered in Corpus Christi, Texas with a team of the best professionals in the business. ​ Sabalo takes great pride in its excellent reputation and continues to develop strong bonds with a core group ofservice companies, E&P companies, and financial partners. | $300M | Private Equity | Sep 22, 2021 |  |
| Grenadier Energy Partners | Grenadier Energy Partners is an exploration and production company in the energy sector. During the phases of drilling, completion, and production for its wells, new technology is used to profitably develop long-lived oil and natural gas assets. | $350M | Private Equity | Jul 21, 2021 |  |
| Plains All American Pipeline | Plains All American Pipeline is engaged in the transportation, storage, terminalling and marketing of crude oil, as well as in the processing, transportation, fractionation, storage and marketing of natural gas liquids ("NGL"). We own and operate a diversified portfolio of strategically located assets that play a vital role in themovement of U.S. and Canadian energy supplies. On average we handle over 3.5 million barrels per day of crude oil and NGL through our extensive network of assets located in key North American producing basins, major market hubs and transportation gateways. The company is headquartered in Houston. | $1.5B | Post-IPO Equity | Jan 13, 2016 |  |
| Ameredev | Ameredev is an oil and gas exploration and production company. The company focuses on acquiring and developing properties prioritizing responsible operations and value creation for stakeholders. |  | Private Equity |  |  |

9 of 9 investments shown.

## Co-investors
- Carnelian Energy Capital Management — VC Fund, 1 deal together
- Chartwell Investments — VC Fund, 1 deal together
- [EnCap Flatrock Midstream](https://shizune.co/investors/profile/encap-flatrock-midstream) — VC Fund, 1 deal together
- Energy & Minerals Group — VC Fund, 1 deal together
- [First Citizens Bank](https://shizune.co/investors/profile/first-citizens-bank) — VC Fund, 1 deal together
- First Reserve Corporation — VC Fund, 1 deal together

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## FAQ

### What does EnCap Investments invest in?

EnCap Investments invests primarily in Energy, Oil and Gas and Energy Efficiency startups, most often at Private Equity and Seed stage. Most of the 9 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact EnCap Investments?

Public channels for EnCap Investments include LinkedIn, the website linked on this profile and Facebook. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at EnCap Investments?

The team at EnCap Investments includes Jason DeLorenzo (Managing Partner), Brad Thieleman (Partner) and David B. Miller (Co-Founder and Managing Partner). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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