RidgeWoodEnergy.com Ridgewood Energy
Working with a number of leading exploration and production firms in the Gulf of Mexico’s U.S. waters, Ridgewood Energy has invested in the drilling and development of oil and gas projects since 1987. Seeking drilling projects with the potential to utilize existing infrastructure, the firm collaborates with companies that share its abiding commitment to safety and possess experience in successful project operations. The firms with which Ridgewood Energy has had working interest partnerships include Chevron Corporation, Phoenix Exploration Company LP, Houston American Energy Corporation, Deep Gulf Energy LP, and Walter Oil & Gas Corporation.
Since its founding in 1982, Ridgewood Energy has raised more than $2.1 billion for investment in oil and gas in the U.S. Gulf of Mexico, with over 70 percent of that capital being invested by repeat investors in Ridgewood’s private investment funds. Based in Montvale, New Jersey, and Houston, Texas, the company accesses projects by forming strategic joint ventures for prospect generation, partaking in federal and state lease sales, and considering potential opportunities from other exploration and production companies. With more than two decades of oilfield investment experience in the Gulf of Mexico, the company has gained a reputation in the industry based on reliability and value-adding expertise.
Offshore drilling and development in the deep waters of the Gulf of Mexico has grown over its 60 year-history, during which time technology has been developed that forms the foundation for successfully tapping America’s offshore oil and gas resources safely and responsibly. Ridgewood Energy’s expert team of petroleum engineers, geologists, and geophysicists works closely with industry partners. The company focuses on the Gulf because it is one of the most prolific oil and gas basins in the world. The Ridgewood Energy funds’ portfolios currently include interests in 32 commercial projects, and 71 federal and state lease blocks.
Founder Robert Swanson serves as Chairman and Chief Executive Officer of Ridgewood Energy, and Kenny Lang joined the company in 2009 as President and Chief Operating Officer following a 24-year career at BP. Ridgewood Energy is part of the Ridgewood Companies, which also includes a venture-capital firm, Ridgewood Capital. Ridgewood Capital pinpoints and cultivates viable investment opportunities in high-growth, cutting-edge energy technology businesses.
