Midland-Petro D.C. Partners and Houston-based private investment firm Andros Capital Partners agreed to a joint venture for a drilling program targeting Spraberry and Wolfcamp in Midland County. Andros Capital said Aug. 25 it will fund $150 million to participate. Phillip A. Gayle, Jr., Andros managing partner, said, “This transaction underscores Andros’ commitment to investing in high-quality assets in partnership with talented operators.”