White Deer
700 Louisiana Street, Suite 4770, Houston, Texas, 77002, United States
Overview
White Deer Energy is a middle market, buy-and-build private equity fund focused on the exploration & production, oilfield service and equipment, and midstream sectors of the oil and gas industry. With $821 million in assets under management, White Deer Energy is a long-term investor of growth capital and targets equity investments of $50 to $100 million. From office locations in Houston and New York, the White Deer Energy team has the industry expertise and the capital to become an attractive partner for growing energy companies. White Deer Energy's team has a broad network of relationships in the energy and financial communities and a track record of creating value for their investors and their industry partners.
- Total investments
- 2
- Lead investments
- 2
- Investments · 12mo
- 0
- Active investors
- 5
Sector focus
- Asset Management
- Oil and Gas
- Small and Medium Businesses
Investment portfolio
- LongPath Technologies
Led · Series A · Dec 2022
LongPath builds proprietary, laser‑based sensing nodes that deliver precise quantification and localization of methane emissions and real‑time data to customers via a dashboard. Its solution supports LDAR, OOOO, OGMP and other regulated programs to help operators reduce emissions and meet compliance. The company traces its technology to research at the University of Colorado Boulder and NIST and emphasizes commercialization of lab‑developed quantum optics. LongPath says it will deploy sensing nodes across all U.S. production basins to enable rapid leak detection and mitigation. Management highlights job creation, operator partnerships through the PathFinder Program, and broader plans to commercialize globally. The company recently closed a major DOE loan that will finance nationwide deployment. LongPath Technologies develops patented systems to continuously monitor and quantify methane emissions, offering flexible coverage from a single site up to 20+ sites across 20 square miles. Its platform delivers real-time, actionable insights with equipment-level localization and quantification vetted through a peer-reviewed, blind-tested methodology. Systems allow operators to tailor measurement frequency, quantification rigor, detection thresholds, and alert modalities to match facility types, operational goals, and budgets. Led by CEO Ian Dickinson and based in Boulder, CO, the company targets energy and industrial infrastructure customers. LongPath plans to scale deployments across existing and new customers and markets and further develop its technology for use across oil and gas, waste management, mining, and urban monitoring sectors. The company recently completed a $22M Series A to fund those expansion and product-development efforts.
- Fiberspar
Led · Equity · Sep 2010
Fiberspar designs and manufactures advanced spoolable composite pipeline products marketed as LinePipe™, used by crude oil and natural gas producers in gathering systems, pipeline remediation, and disposal and injection applications. Its products are manufactured in Houston and deployed from 12 distribution facilities located across the US and Canada. The company sells into upstream and midstream applications where spoolable composite pipe is an alternative to conventional steel pipe. Fiberspar will use recently received proceeds to reduce debt and to expand manufacturing capacity. Financially, the company has secured a major strategic investment intended to support growth and balance sheet improvement. Macquarie Capital acted as Fiberspar’s financial advisor on the transaction.