Oil and Gas
Ridgewood Energy invests in some of the largest oil and gas projects in the U.S. waters of the Gulf of Mexico by partnering with industry leaders including BP, Chevron, Apache, BHP Billiton, Marathon Oil, Newfield, Devon, and Woodside (click here for a list of major Ridgewood Energy Partners). With these joint venture partners, Ridgewood Energy Funds purchase significant ownership positions in major projects, many of which have multi-billion-dollar revenue potential.
Since 1982, Ridgewood Companies have raised over $2.4 Billion in private equity funds from over 13,000 high-net-worth shareholders. In total, 80% of all the capital has come from repeat investors.
- 48 Commercial Discoveries:Ridgewood Energy Funds own interests in 48 commercial discoveries of which 37 wells are actively producing oil and gas.
- 62 Federal and State Lease Blocks:Ridgewood Energy Funds own an interest in 62 Federal and State Lease Blocks in the Gulf of Mexico totaling over 247,816 Ridgewood Gross Earned Acres or 387 square miles.