Who We Are
Rice Investment Group is a $200mm multi-strategy fund investing in all verticals of the oil and gas sector with a focus on partnering where our operational, technical, and strategic experience add value. Led by the former Rice Energy management team, the RIG team has a highly complementary and diverse skill-set.
RIG seeks to invest between $1mm - $40mm across the capital stack in the upstream, midstream, oilfield services, and energy technology sectors. RIG can invest passively alongside an existing sponsor-management team or actively as lead financial sponsor.
Proven Track Record of Success
What Sets Us Apart
The partners of Rice Investment Group led Rice Energy from its formation in 2007 as a start-up with no assets to a dominant upstream and midstream operator, producing and gathering over 2 Bcf/d of production from 250,000 net acres in the core of the Appalachian Basin. The Rice team raised over $5bn to support an aggressive acquisition and development plan, drilled over 400 horizontal wells, and managed an operational program of $1bn+ annually.
Rice Energy was acquired by EQT Corporation for $8.2 billion in 2017. Rice Midstream Partners was acquired by EQM for $2.4 billion in 2018.
RIG is the only multi-strategy fund run entirely by former E&P executives of the shale generation. We understand start-ups and how to deploy technology to efficiently scale the business.
Our deep technical understanding of the true drivers of upstream economics translates into actionable investments across the energy value chain.
Our flexible investment mandate and nimble team allow RIG to capitalize on investment opportunities in a creative and expedited fashion.