NGP Royalty Partners III

Venture Capital

NGP fund focused exclusively on acquiring mineral and royalty interests in upstream energy, primarily in US oil and gas basins.

Dallas, United States · 2+ investments · 2 portfolio companies

Energy
Headquarters
Dallas, United States
AUM
$1.3B
Portfolio Companies
2
Total Investments
2
Last Investment
Apr 2025
Geographic Focus
United States

Investment Thesis

Acquire high-quality mineral and royalty interests in oil and gas basins, providing mineral owners upfront capital while delivering superior risk-adjusted returns through long-term ownership.

NGP Royalty Partners III is a Venture Capital firm based in Dallas, United States. It has made 2 investments in Energy, including Mesa Royalties IV Holdings, and Wing Resources VIII,.

Portfolio2

Co-investors1

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1 co-investors across 2 shared portfolio companies — who they back alongside, and how often they lead.

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Investment History

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