upstream oil and gas

Trace Capital Management is a proven and pragmatic energy private equity firm focused on value and growth investments across the global energy landscape, with a particular focus on energy infrastructure, upstream oil and gas, and viable low/no carbon opportunities. Based in Houston TX, Trace currently manages funds with invested and committed capital of over $1.4 billion. At Trace, we focus on transparency, partnership, risk management, and operational competence throughout market cycles.

Pheasant Energy is a Fort Worth-based upstream oil and gas company. Our primary focus is in the mineral, royalty, and working interest subset of the industry. Our team analyzes a high rate of opportunities and a proven history of transacting quicker than anyone in the industry.