First Reserve Corp.
About
First Reserve is a private equity firm exclusively focused on investing across diversified energy, infrastructure, and general industrial end-markets. Founded in 1983, First Reserve has 39 years of industry insight, and has cultivated a network of global relationships. First Reserve has raised more than $32 billion of aggregate capital since inception. Its investment and operational experience have been built from over 700 transactions, including platform investments and add-on acquisitions, on six continents. The firm’s portfolio companies have operated globally in over 60 countries and span the entire energy and industrial spectrum.
Editor's note: Updated March 3, 2022.
Headquarters Address
262 Harbor Drive, 3rd floor
Stamford, CT 06902
United States
Website
www.firstreserve.comMain Phone Number
Transactions
Crestwood Cores Up Delaware Basin Position Funded by Barnett Exit
Crestwood Cores Up Delaware Basin Position Funded by Barnett Exit
Dallas-based IOG Resources Closes Delaware Basin Acquisition
Dallas-based IOG Resources Closes Delaware Basin Acquisition
First Reserve Buys Weir Group's Flow Control Subsidiary
First Reserve Buys Weir Group's Flow Control Subsidiary
First Reserve To Acquire Dominion Energy's 50% Interest In Blue Racer Midstream
First Reserve To Acquire Dominion Energy's 50% Interest In Blue Racer Midstream
First Reserve To Acquire Dominion Energy's 50% Interest In Blue Racer Midstream
First Reserve To Acquire Dominion Energy's 50% Interest In Blue Racer Midstream
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News
Forty Under 40: Carolina Sierra, First Reserve
Today's featured Forty Under 40 honoree is Carolina Sierra, the technical director at First Reserve.
It’s ‘On:’ The New Ohio Utica Oil Play
The oil-weighted hydrocarbon phase through the middle of the Utica fairway in Ohio is gaining renewed attention—and results.
Crestwood Cores Up Delaware Basin Position Funded by Barnett Exit
Crestwood agreed on May 25 to acquire Sendero Midstream Partners in the Delaware Basin, “prudently financed” with cash proceeds from the sale of Crestwood’s legacy Barnett Shale position to EnLink Midstream.
East Coast Private Equity: The View from the Northeast
Northeastern U.S. private equity investors are seeing value across the energy spectrum that now includes alternative energy and the infrastructure it needs.
Dallas-based IOG Resources Closes Delaware Basin Acquisition
The Delaware Basin assets consist of nonoperated wellbores under top-tier operators including Devon Energy, ConocoPhillips and Marathon Oil, IOG Resources says.
Borrowing Cash To Fuel Growth Alone Is Over
Focus on returns, ESG essential to lure investors back to oil and gas.
Private-Equity Partners Take Larger Role In Midstream Buildout
With Wall Street’s lingering hesitancy about the energy sector, private equity has taken on a larger role in financing the necessary midstream buildout.
Appalachian Buyers Buildup
Acquisitive E&Ps backed by powerful private equity seek more production, and more profits.