Silver Hill Closes $1.13B Fourth Oil & Gas Fund

Silver Hill Energy Partners closed its fourth partnership and second institutional private equity fund, Silver Hill Energy Partners IV, raising $1.13 billion.

The oversubscribed fund builds on Silver Hill’s focus on direct ownership, operation, and control of onshore oil, natural gas, and related infrastructure assets in premier U.S. basins. Since its start in 2011, the company has secured $2.8 billion in total capital commitments.

Silver Hill Founder and CEO Kyle D. Miller emphasized the firm’s commitment to sustainable operations, stating, “We remain committed to the safe and responsible development of oil and gas assets and environmentally conscious operations evidenced by reductions of emissions and improved carbon footprints on every set of properties we have acquired.”

Silver Hill has been assembling and developing large-scale assets in key U.S. oil and gas regions since 2011. The firm’s current portfolio includes large-scale production and development operations in two major regions. The company has approximately 55,000 net acres in East Texas and North Louisiana, which are prospective for the Haynesville and Bossier formations. Silver Hill also has around 86,000 net acres in North Dakota, where it focuses on the Bakken and Three Forks deposits.