Silver Hill Energy Partners, a Dallas-based private energy company founded by Kyle D. Miller in 2011, has closed its fifth partnership and third institutional private equity fund, Silver Hill Energy Partners V, LP, at $1.277 billion in capital commitments — exceeding its fundraising target. Investors include endowments, pension funds, medical and family foundations, and family offices, with a majority being repeat investors from prior Silver Hill funds. Piper Sandler’s private capital advisory group and Aviditi Advisors served as placement agents; Willkie Farr & Gallagher served as legal counsel.
Silver Hill V continues the firm’s founding strategy of direct ownership, operation, and control of onshore oil, natural gas, and related midstream infrastructure assets in premier U.S. shale basins. The fund is already substantially deployed following a large-scale Eagle Ford Shale acquisition announced in January 2026.
Silver Hill currently operates across three basins: approximately 75,000 net acres in the Haynesville and Bossier formations of East Texas and North Louisiana; approximately 95,000 net acres in the Bakken and Three Forks formations of North Dakota; and approximately 22,000 net acres in the Eagle Ford and Austin Chalk formations of South Texas — totaling roughly 192,000 net acres. The portfolio supports current production of approximately 500 MMcf/d of natural gas and 20,000 barrels per day of oil, with more than 1,350 identified drilling locations providing development runway across all three basins. The company currently operates four drilling rigs.
Since its 2011 founding, Silver Hill has raised approximately $4.15 billion in cumulative institutional equity capital across five partnerships, completed 16 large-scale acquisitions and divestitures, developed five midstream projects supporting upstream operations, and executed dozens of mineral, royalty, and leasehold acquisitions.
KEY QUOTES:
“The strong demand for Silver Hill V, culminating in an oversubscribed fundraise, reflects our partners’ conviction in both Silver Hill’s strategy and the compelling risk-adjusted opportunities we continue to access across the U.S. energy sector. We remain focused on creating long-term value through the disciplined development of our existing Haynesville, Bakken, and Eagle Ford assets while selectively pursuing opportunities to expand our portfolio. Our objective is to help meet growing global energy demand as a leading multi-basin shale operator, while utilizing our financial, operational and technical capabilities to consistently generate attractive long-term returns for our investors.”
Kyle D. Miller, Founder and Chief Executive Officer, Silver Hill Energy Partners
