Dallas skyline representing Texas family offices investing in energy

10 Texas Family Offices Investing in Energy (2026)

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Texas has a huge economy in and of itself, and is on the rise. Many family offices in Texas include energy, oil and gas, and renewables as part of their investment agenda. Here are ten, selected from our database:

  1. Petro Lucrum
    Petro Lucrum serves as an outside investment office and gatekeeper for a multigenerational single-family office in Houston. The family built its wealth in oil and gas, real estate, and ranching, and while its foundation remains rooted in energy and technology, it keeps adapting to a changing investment landscape.
  2. Small Ventures
    A Houston venture capital and private equity firm founded by William O. Perkins III. SMV invests opportunistically across sectors and regions with a bias toward early stage deals, and is especially active in energy, entertainment, and technology. Since its start in 1997 it has also provided operational and financial-trading support to its portfolio.
  3. Gillon Capital
    The Dallas family office of Heather Washburne, a fourth-generation descendant of H.L. Hunt, focused on building enduring businesses. It invests across all major asset classes, with expertise in real estate, energy, financial services, and healthcare, and spun out from A.G. Hill Partners in April 2025.
  4. Bright Equities
    The private investment arm of the Bright Family Office in Lewisville, whose story began when H.R. Bum Bright formed his first company in 1948. Over the years the family has owned and operated companies in energy, real estate, banking, mortgage lending, transportation, truck leasing, hospitality, and sports entertainment.
  5. Burrus Investments
    The private family office of Gene Burrus, based in Houston. It invests in real estate, oil and gas, private equities, and direct investments in small businesses.
  6. Colt Ventures
    Colt Ventures is a Dallas single-family office that invests in private and public companies. Its interests span biotechnology, oil and gas, technology, financial services, real estate, consumer and retail, and special situations, through private equity, venture capital, hedge funds, and equine assets.
  7. Merrick Capital
    A Houston-based private equity firm founded in 1979, focused on railcar transportation equipment, de novo banking, real estate, and oil and gas. Over more than forty years it has built long-term partnerships with equity partners, lenders, and seasoned management teams.
  8. Wilks Brothers
    Wilks Brothers is a US family investment enterprise. It holds diversified positions across energy, real assets, and other sectors.
  9. McCombs Enterprises
    Founded in 1958 in San Antonio by Texas entrepreneur Billy Joe "Red" McCombs, this single-family office manages wealth built in automotive dealerships, media, energy, real estate, and sports franchises. Through McCombs Partners, its investment management division, the firm makes direct private equity investments in established businesses with strong growth potential.
  10. Hurd Enterprises
    Hurd Enterprises and its affiliated partnerships are family-owned businesses. Their focus areas include oil and gas exploration, real estate development, ranching, and investments.

* Related lists of active family offices from our database:

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More from AFO:

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