Energy transactions: oil and gas in United States

Baker Botts L.L.P.

Baker Botts L.L.P. remains a top-tier choice for high-stakes oil and gas transactions, offering a full-service, multidisciplinary approach across upstream, midstream, and downstream sectors. Co-head Jason Bennett, based in Houston, oversees development and financing instructions across a range of assets, including oil, LNG, hydrogen, ammonia, and water. Also in Houston, Carlos Solé leads the team and focuses on both corporate and finance transactions. In Washington, Steven Miles maintains an extensive cross-border practice and is highly sought after for his experience in LNG projects, while Houston-based Erin Hopkins provides commercial and transactional advice to sponsors and foreign investors. Scott Looper, also in Houston, is well regarded for his expertise in commercial, construction, and midstream development matters. From Dallas, Jon Platt offers further transactional support.

Practice head(s):

Jason Bennett; Carlos A. Solé III


Other key lawyers:

Steven Miles; Erin Hopkins; Scott Looper; Jonathan Platt; Veronica Relea; Mona Dajani; Matthew Gurch; David Applebaum


Key clients

Ankura Consulting Group, LLC


Arcadia Operating, LLC


BP America, Inc.


BP Canada Energy Group ULC


Bristow FDBA Era Group, Inc.


Broken Hill Proprietary (USA), Inc.


Cabot Oil & Gas Corporation


Carrizo Oil & Gas, Inc.


CenterPoint Energy, Inc.


CenterPoint Energy Resources Corp.


Chesapeake Energy Corporation


Citizen Energy


CNX Resources Corporation


Composite Advanced Technologies Inc.


ConocoPhillips


Coterra Energy, Inc.


Crestwood Equity Partners LP


CVR Energy, Inc.


Delek Logistics Partners, LP


Eagle Materials Inc.


Energy Spectrum Partners LP


EnLink Midstream, LLC


Entegris Inc. YEOG Resources, Inc.


EQT Production NETX Energy, LLC


Hibernia Energy III, LLC


Hunt Energy Network L.L.C.


Hunt Oil Company


Iron Oil Operating LLC


Jefferies Financial Group Inc.


Kimbell Royalty Partners LP


Kimmeridge Texas Gas, LLC


Legacy Star Capital Partners, LLC


Matador Resources Company


MDC Texas Energy LLC


Murphy Exploration & Production Company


Par Pacific Holdings, Inc.


Pennybacker Capital, LLC


Rangeview Green River, LLC


Repsol / Repsol E&P USA Inc.


Saxum Energy Partners LLC


Seadrill Limited


Service Compression, LLC


Summit Midstream Partners


Tall Grass Energy, LP


Tudor, Pickering, Holt & Co.


U.S. Energy Development Corporation


Wyoming Governor’s Office


Work highlights


  • Assisted Hibernia Energy III, LLC in an agreement with Civitas Resources to purchase Hibernia and its Midland Basin assets for $2.25 billion in cash.
  • Represented Matador Resources Company in the $1.9 billion Delaware Basin acquisition agreement to acquire a subsidiary of Ameredev II Parent, LLC.
  • Represented Seadrill Limited in the $1.2 billion acquisition of Aquadrill LLC. As a result of the transaction, Aquadrill became a wholly owned subsidiary ofSeadrill.

Gibson, Dunn & Crutcher LLP

Gibson, Dunn & Crutcher LLP oil and gas practice advises leading industry players across the upstream, midstream, and downstream sectors, as well as financial institutions and private equity firms. With a strong Texas presence, the team advises on M&A, capital markets, project development, and energy financing, drawing on extensive industry knowledge.  Co-chair Michael P. Darden advises a standout roster of exploration and production companies on M&A, joint ventures, and project finance. Fellow co-chair Rahul Vashi focuses on the upstream and midstream sectors, handling joint venture agreements – including development, drilling, and participation ventures – alongside M&A and divestments. Hillary Holmes is highly regarded for her corporate governance and ESG expertise, which she leverages to deliver strategic M&A, financing, and capital-raising advice. Michael Piazza is active across both oil and gas and energy transition assets, with a broad practice spanning GP and LP-side funds and M&A transactions. All individuals are based in Houston.

 

 

Practice head(s):

Michael Darden; Rahul Vashi


Other key lawyers:

Hilary Holmes; Michael Piazza


Key clients

Guggenheim Securities LLC


SilverBow Resources Inc


Andros Capital Partners LLC


Pioneer Natural Resources Company


Western Midstream Partners, LP


Esperanza Capital Partners


Patterson-UTI Energy, Inc.


Percussion Petroleum II, LLC


Ridgemar Energy, LLC


Revenir Energy


Aethon Energy Management LLC


Oaktree Capital Management, L.P.


Warwick Investment Group


IOG Resources II, LLC


Vital Energy, Inc.


Work highlights


Kirkland & Ellis LLP

Kirkland & Ellis LLP advises energy companies and private equity funds on M&A, asset transactions, private equity investments, and financing across the upstream, midstream, and downstream sectors. With a substantial energy team on the ground across multiple states, the firm handles transactions involving shale plays, the Gulf of Mexico, and broader energy infrastructure, covering corporate, regulatory, and financing aspects. Andrew Calder is a key adviser to marquee infrastructure funds, guiding clients on investments, disposals, and corporate governance matters. David Castro’s recent workload spans oil and gas inventory acquisitions across multiple basins, non-operating interest acquisitions, midstream transactions, and full company takeovers. Christopher Heasley maintains a broad practice covering the entire oil and gas value chain, combining transactional and commercial expertise, while Chad Smith is highly regarded for his work in the upstream and midstream sectors. Anthony Speier provides comprehensive counsel to exploration and production companies across multiple basins. Operator clients continue to turn to Sean Wheeler  and William Benitez for their expertise in M&A, joint ventures, and equity investments. Lindsey Jaquillard is also a recommended name for upstream matters. All individuals are located in Houston.

Other key lawyers:

Andrew Calder; David Castro; Christopher Heasley; Chad Smith; Anthony Speier; Sean Wheeler; William Benitez; Lindsey Jaquillard


Key clients

EQT Corporation


Northern Oil and Gas, Inc.


Crescent Energy Company


SM Energy Company


Permian Resources Corporation


Civitas Resources, Inc.


Mach Natural Resources, LP


Diversified Energy Company


Quantum Energy Partners, LLC


Devon Energy Corporation


Southwestern Energy Company


Callon Petroleum Company


TG Natural Resources, LLC


Hilcorp Energy Company


ONEOK, Inc.


KKR


Carnelian Energy Capital Management, LP


Pearl Energy Investment Management, LLC


Ovintiv, Inc.


Seneca Resources Company, LLC


Maverick Natural Resources


Global Infrastructure Partners


Validus Energy


Amplify Energy Corp.


Work highlights


  • Advised Marathon Oil Corporation in its $22.5 billion all-stock sale to ConocoPhillips.
  • Advised Devon Energy in its $5 billion acquisition of the Williston Basin business of Grayson Mill Energy.
  • Advised EQT Corporation in multiple transactions, including: in its $35 billion definitive merger agreement with Equitrans Midstream Corporation, which created an integrated natural gas business; in its $500 million sale and exchange with Equinor USA Onshore Properties of an undivided 40% interest in EQT’s non-operated natural gas assets in northeast Pennsylvania; and in its $1.25 billion sale of its remaining working interest in its non-operated natural gas assets in Northeast Pennsylvania to Equinor USA Onshore Properties Inc. and certain of its affiliates.

Latham & Watkins LLP

Latham & Watkins LLP advises clients across the entire oil and gas value chain, from exploration and production to midstream infrastructure, LNG, refining, and petrochemicals. The firm represents public and private oil and gas companies, private equity sponsors, investment banks, and lenders on M&A, joint ventures, and capital markets transactions. Global Chair of Latham’s Energy and Infrastructure Group, Justin Stolte, is a trusted adviser to multinational exploration and production companies, frequently handling M&A and joint ventures. Co-head James Garrett is highly regarded for his expertise in high-value M&A, private equity, and private finance transactions, while fellow co-head Lauren Anderson brings additional strength in public and private M&A, project development, and finance. John Greer has led major mergers, company acquisitions, and inventory disposals across the US, Canada, and Brazil. Michael King  maintains a strong transactional focus, primarily advising sponsors and private equity clients in the upstream and midstream sectors. Ryan Maierson has a standout track record in LNG-related deals, covering inventory, project, and company transactions, alongside experience in wider hydrocarbons such as ammonia. James Robertson joined from Gibson, Dunn & Crutcher LLP in October 2024. Stephen Szalkowski left the firm in March 2024. All individuals are based in Houston.

Practice head(s):

Justin Stolte; James Garrett; Lauren Anderson


Other key lawyers:

John Greer; Michael King; Ryan Maierson; James Robertson; Stephen Szalkowski


Testimonials

‘The people are very experienced and commercial. Not only do they help advise, they help transact. They are also more well-rounded coming from many backgrounds, not just lifetime lawyers. They have made sure to incorporate a strong team on every engagement.’

‘James Garrett – He is an amazing attorney that gives solid and well-informed advice. Different to others, he cares for his clients as friends. He routinely makes time to know each person so that he can make sure he gives applicable advice.’

Key clients

ArcLight Capital LLC


Black Mountain Oil & Gas


Bowline Energy LLC


CenterPoint


Chesapeake Energy


Citigroup Global Markets Inc.


ConocoPhillips


EQM Midstream Partners


Gibson Energy ULC


Magellan Midstream Partners, L.P.


NextDecade Corporation


Permian Resources, Inc.


UGI Corporation


Vital Energy, Inc.


Woodside Energy Ltd.


Work highlights


  • Advised Chesapeake Energy Corporation in a transaction with an enterprise value of approximately US$24 billion. Chesapeake Energy Corporation and Southwestern Energy Company have announced a merger agreement in an all-stock transaction valued at $7.4 billion.
  • Advising Equitrans Midstream Corporation in its merger with EQT Corporation,
  • Advised Enerplus Corporation in its definitive arrangement agreement to merge with Chord Energy Corporation  in an approximately $11 billion stock and cash transaction.

Vinson & Elkins LLP

Vinson & Elkins LLP advises on the full spectrum of oil and gas transactions, from M&A and project development to regulatory and financing matters, leveraging a strong cross-border presence and extensive industry knowledge. Austin’s Kaam Sahely leads the team and is the primary point of contact for some of the firm’s most significant investment firm and infrastructure fund clients. Co-head Matthew Strock, an M&A and private equity specialist based in Houston, is renowned for his extensive oil and gas work, covering upstream, midstream, oilfield services, and manufacturing. Co-head Danielle Patterson, also based in Houston, advises a broad range of clients on energy-transition matters, including M&A, joint ventures, and project development. Michael Joyce, based in Denver, focuses on energy and infrastructure finance, while co-head John Grand, based in Dallas, concentrates on M&A and equity investments in the upstream and midstream sectors. Houston’s Douglas Bland is particularly active in the midstream, managing joint ventures, investments, and development issues. Lande Spottswood and Bryan Loocke, both in Houston, handle complex M&A for both public and private companies, while Keith Fullenweider, also in Houston, primarily advises private equity firms. Matthew Falcone, based in Houston, brings commercial deal experience to a number of complex transactions. Shay Kuperman, another Houston-based expert, is noted for his work on M&A and joint ventures.

Practice head(s):

Kaam Sahely; Matt Strock; Danielle Patterson; Michael Joyce; John Grand


Other key lawyers:

Douglad Bland; Lande Spottswood; Bryan Loocke; Keith Fullenweider; Matthew Falcone; Shay Kuperman


Key clients

Endeavor Energy Resources, L.P.


CrownRock L.P.


Chord Energy Corporation


Sunoco LP


Crestwood Partners LLC


Denbury Inc.


EnCap Investments L.P.


Earthstone Energy, Inc.


Energy Transfer LP


Global Infrastructure Management, LLC


Rockcliff Energy LLC


Crescent Energy Company


Enbridge Inc.


Vital Energy, Inc.


Maple Energy Holdings


Elevation Midstream, LLC


Morgan Stanley Infrastructure Partners


Trace Midstream Partners II, LLC


Atlas Sand Company, LLC dba Atlas Energy


Meritage Midstream Services II, LLC


Work highlights


Akin

Akin advises clients across the oil and gas sector on M&A, financing, project development, and industry-specific agreements, leveraging deep regulatory and operational expertise across upstream, midstream, downstream, petrochemicals, LNG, and utilities. Zachary Wittenberg co-heads the firm’s corporate practice. Energy practice co-leader Wesley Williams is highly active in the midstream and upstream sectors, advising financial sponsors, operators, and producers on complex transactions and is noted for his extensive experience leading buy-side and sell-side deals involving midstream companies and assets. John Goodgame is recognised for his expertise in M&A, corporate governance, and capital raising. Mary Lovely is recommended for her proficiency in acquisitions, investments, and joint ventures across the entire oil and gas value chain, while Robert Shearer has recently advised on multi-billion-dollar mergers and disposals. Trent Bridges and Ian Goldberg joined from Sidley Austin LLP and Hunton Andrews Kurth LLP, respectively, in spring 2024, enhancing the firm’s energy M&A capabilities. Leana Garipova and Dasha Hodge provide support across a broad range of matters. Williams and Wittenberg operate out of Dallas and New York respectively. Bredthauer is based in Fort Worth. All other individuals sit in Houston.


Practice head(s):

Zachary Wittenberg; Wesley Williams


Other key lawyers:

Cole Bredthauer; John Goodgame; Mary Lovely; Rob Shearer; Trent Bridges; Ian Goldberg; Leana Garipova; Dasha Hodge


Testimonials

‘The Akin energy team is top notch. They have a good sense of the market and are available when needed. They are able to draw on their broader team for high quality support (tax, litigation, anti-trust, etc.)’

‘Mary Lovely and Rob Shearer are both great partners. They are responsive and provide high-quality work product. They can flex up on large deals and can pose a good ‘bed side manner’ when working with entrepreneurs on smaller deals.’

‘The practice has added Trent Bridges who is a fantastic lawyer and advisor.’

‘I have worked with Trent Bridges prior to his joining Akin. He is a tremendous lawyer. Very experienced and very practical with a focus on accomplishing the task at hand. Trent is quick to understand the client’s objectives and prioritizes those objectives. He’s efficient, thorough and very responsive.’

‘The team at Akin has consistently proven to be “commercial” in their approach, expending only that amount of time which is justified given the size of the contemplated transaction. Although certainly aware of the various nuances in energy transactions and the contracts governing those transactions, they readily identify those aspects which, given the circumstances, ultimately aren’t material (or unlikely to be material) to the client. I can trust the Akin team do be expedient in their approach without sacrificing quality of work.’

‘Wesley Williams and Cole Bredthauer, with the support of Mary Lovely, certainly stand out in my mind as top-tier transaction attorneys. I’ve found that, in the majority of transactions, Wes and Cole have prior experience with the counterparty’s counsel and, as such, can appropriately set our expectations prior to meaningfully engaging in a transaction. Furthermore, and perhaps most important to a longstanding relationship, I actually enjoy them socially.’ 

Key clients

Alchemist Energy Holdings


Brazos Midstream


Cottonmouth Ventures LLC


Diamondback Energy, Inc.


Dorchester Minerals, LP


Energy Transfer LP


Innovex


Peak Resources LP


Point Energy Partners


Rattler Midstream LP


Samuel Gary Jr. & Associates


San Isidro Energy Company II, LLC


Spire Inc.


Talos Energy Inc.


Tellurian


Viper Energy Partners LP


Work highlights


  • Advised Point Energy Partners, a Vortus Investments portfolio company, in a definitive joint purchase and sale agreement with Vital Energy and Northern Oil and Gas, in which Vital Energy and NOG will acquire the assets of Point Energy Partners in an all-cash transaction for total consideration of $1.1 billion.
  • Advised Tellurian Inc. in its approximately $900 million sale to Woodside Energy Group Ltd.
  • Advised Viper Energy in three transactions amounting to $1.1 billion related to its acquisition of mineral and royalty-interest owning subsidiaries of Tumbleweed Royalty IV with assets in the Permian Basin.

Bracewell LLP

Bracewell LLP is a go-to firm for oil and gas transactions, advising on upstream, midstream, and downstream matters, including acquisitions, project development, and regulatory issues. A popular choice for energy companies, financial sponsors, and financial institutions, Alan Rafte leads the practice and is highly experienced across a broad range of assets, with a standout track record in carbon capture and sequestration. Co-head James McAnelly maintains a broad transactional practice, advising on the acquisition and disposal of mineral and royalty interests, oil and gas assets, and commercial leases. Jason Jean and Austin Lee are key figures in the upstream and midstream sectors; Jean is skilled in M&A, joint ventures, and capital markets, while Lee is a go-to adviser for operational matters. Parker Lee is frequently engaged by private equity firms and infrastructure funds for large-scale investments, and Lytch Gutmann advises major energy players such as TC Energy and Phillips 66. Benjamin Martin also comes recommended. All individuals are based in Houston except Austin and Parker Lee who act out of New York.

Practice head(s):

Alan Rafte; James McAnelly


 


Other key lawyers:

Jason Jean; Austin Lee; Parker Lee; Lytch Gutmann; Benjamin Martin


Key clients

Apache Corporation


Sable Offshore Corp.


Holly Energy Partners, L.P.


Pembina Pipeline Corporation


TC Energy


Phillips 66


Kinder Morgan Production Company LLC


Kinder Morgan, Inc.


Tallgrass Energy


Sabalo II Energy, LLC


Work highlights


  • Advising Apache Corporation in the sale of nearly 24,000 net royalty acres across severalcounties in the Midland Basin.
  • Represented Sable Offshore in the successful closing of its previously announced purchase from Exxon Mobil Corporation of the Santa Ynez field in federal waters offshore California and associated onshore processing and pipeline assets.
  • Represented Holly Energy Partners, L.P. in the acquisition by HF Sinclair Corporation its acquisition of all of the outstanding common units of HEP not beneficially owned by HF Sinclair or its affiliates in exchange for shares of common stock.

Holland & Knight LLP

Advising clients across the full oil and gas spectrum, including exploration, development, production, and transportation, Holland & Knight LLP handles complex transactions and routine operational issues, with added experience in guiding clients through the evolving energy transition to lower-carbon solutions. Jim Noe leads the team from Washington, DC. Co-head Seth Belzley splits his time between Denver and Houston and is highly regarded by companies operating in the midstream sector, with recent work focused on the acquisition of production facilities, terminals, and pipelines. Co-head Robert Dougherty operates from Dallas and brings extensive experience handling transactions across various basins, advising both domestic and international oil and gas players. Dallas’ Andrew Derman, whose work spans domestic and cross-border M&A as well as commercial agreements, is praised as one of the ‘very best’ oil and gas lawyers, with a ‘unique understanding of the industry‘. Ram Sunkara rotates between Dallas and Atlanta and has a diverse practice that spans upstream and midstream acquisitions and disposals, as well as project counsel, with a particular focus on the LNG sector.

Practice head(s):

Seth Belzley; Robert Dougherty; Jim Noe


Other key lawyers:

Andrew Derman; Ram Sunkara; James Brown; Douglas Lionberger; Ryan Phelps


Testimonials

‘Holland & Knight are absolutely the best in terms of their knowledge of international oil and gas and energy law. Unrivalled expertise of the international energy industry.’

‘Andrew Derman is absolutely brilliant. Andrew is in his own class above the very best and has unique knowledge of the industry. Andrew is absolutely pleasure to work with and can win any argument, no matter how complex.’

 

Key clients

Alpha Energy Partners


Grey Rock Investment Partners


Hawaiian Airlines


Howard Midstream Energy Partners


INEOS Energy


Neste Oyj


Murchison Oil & Gas


Riley Exploration Permian, Inc.


Suburban Propane Partners L.P.


Verbio North America Holdings Corporation


Work highlights


  • Advised QuarterNorth Energy Inc. in its $1.29 billion acquisition by Talos Energy Inc.
  • Represented Esso S.A.F., the France-based affiliate of ExxonMobil ​Corp.​ in the pending sale of its Fos-sur-Mer refinery and Toulouse and Villette de Vienne fuel terminals in southern France to Rhone Energies, a consortium of commodity trader Trafigura and Entara LLC
  • Represented ARM Energy Holdings, LLC in its sale of a minority interest in ARM Energy Trading, LLC, which is comprised of ARM Energy Services and ARM Energy Mexico, one of the largest private North American physical natural gas marketers, to Tokyo Gas America Ltd.

King & Spalding LLP

King & Spalding LLP‘s Houston-based practice is recognized for navigating complex, large-scale transactions, from joint ventures to cross-border investments, across a broad spectrum of assets, including oil and gas, carbon capture, hydrogen, and LNG, frequently handling first-of-its-kind projects and complex transactions in these areas. Clients include leading energy companies, infrastructure firms, and financial institutions. Group lead Stuart Zisman is primarily engaged with midstream and downstream mandates, handling M&A, finance and commercial agreements. Peter Hays is skilled in heavyweight transactions concerning assets and projects across the entire oil and gas value chain, most notably collaborating with the firm’s UAE platform to advise on ADNOC’s acquisition of a significant interest in ExxonMobil’s project companies – a first of its kind investment for the national oil company. David Lang is highly reputed for his LNG experience and has been a crucial advisor to large-scale, marquee projects like the Rio Grande LNG project. Mark Schlackman has a well-rounded practice that covers acquisitions and investments, joint ventures, project development and commercial agreements, while Susan Berry provides further finance expertise. Kimberlee Cagle is another name for leveraged finance.

 

Practice head(s):

Stuart Zisman


Other key lawyers:

Peter Hays; David Lang; Mark Schlackman; Susan Berry; Kimberlee Cagle


Testimonials

‘Stuart Zisman is fantastic’.

‘Great industry knowledge and a sincere commitment to client service and support. High quality work product delivered on a very timely basis.’

‘David Lang has great industry knowledge and a sincere commitment to client service and support. High quality work product delivered on a very timely basis.’

‘K&S consistently across all disciplines has delivered on transformational M&A and global scale contract negotiations. The energy and corporate teams bring world class experience and practical resolutions. I could not be more pleased in the quality of the work and the value the K&S team provides.’

‘Stuart Zisman and Mark Schlackman shepherded a significant international acquisition under extreme time constraints.’

Key clients

Cheniere Energy


Chevron Phillips Corporation


Commonwealth LNG


ConocoPhillips


Global Clean Energy Holdings


Equistar Chemicals, LP. / LyondellBasell


Instar


JERA & Co., Ltd


Kinder Morgan Inc.


Lotus Infrastructure


NextDecade


Next Wave Energy Partners


Tallgrass Energy Partners LP


Work highlights


  • Advised ADNOC in its acquisition of a 35% interest from ExxonMobil Low Carbon Solutions in a new low-carbon hydrogen and ammonia facility under development at Exxon’s massive Baytown refinery and petrochemicals complex.
  • JERA, Japan’s biggest utility company, in its JV with ConocoPhillips, one of the biggest independent oil producers in the United States, for the development of a U.S. Gulf Coast project to produce hydrogen and convert it into clean ammonia, with the aim of increasing ammonia supply for use in Europe, and in the future, in Japan and greater Asia
  • Advised LyondellBasell, through its subsidiary Equistar Chemicals, LP, in the sale of its Ethylene Oxide & Derivatives business, including the production facility located in Bayport, Texas, to INEOS Americas LLC, an affiliate of INEOS Group Limited.

Norton Rose Fulbright

A firm praised for its ‘very strong energy practice‘, Norton Rose Fulbright handles a wide spectrum of oil and gas transactions, including upstream M&A, joint ventures, and midstream agreements. The team advises major energy companies, national oil companies, independent oil companies, and private investors on both conventional and unconventional assets. Scarlet McNellie and Kessar Nashat lead the team. Craig Vogelsang advises on the sale and purchase of a diverse range of assets, including oil, LNG, hydrogen, carbon, and minerals. Mac Marshall maintains a broad practice spanning upstream, midstream, downstream, and offshore transactions, with expertise in M&A, joint ventures, restructurings, project finance, and development. Debra Hatter brings deep expertise in energy transition and ESG matters, while Luke Edney focuses on infrastructure projects, handling both greenfield and brownfield transactions. Lindsey Swiger has played a key supporting role across multiple matters. Edney is based in Austin, while the rest of the team acts out of Houston.


Practice head(s):

Scarlet McNellie; Kessar Nashat


Other key lawyers:

Craig Vogelsang; Mac Marshall’ Debra Hatter; Luke Edney; Lindsey Swiger


Testimonials

‘The firm has a very strong energy practice. It covers everything from transactional, to litigation, to regulatory. For us as an oil company, they have been our one stop shop. The team servicing our account is strong.’

‘The partner handling our account is an excellent lawyer, has commercial sense, is hardworking and accepts feedback if needed. The senior lawyer working on the file is also excellent and very dedicated.’

Key clients

Westlawn Americas Offshore LLC


JX Nippon Oil & Gas Exploration Corporation


bp


EOG Resources, Inc.


Shell


Lewis Energy


Baker Hughes


Woodside Energy


Work highlights


Orrick, Herrington & Sutcliffe LLP

Orrick, Herrington & Sutcliffe LLP advises a diverse range of clients on complex and innovative oil and gas transactions, including acquisitions, joint ventures, financings, and project developments. The team’s work spans traditional and emerging assets, with increasing activity in areas such as carbon capture, hydrogen, and energy transition projects alongside its established upstream, midstream, and downstream expertise. Dahl Thompson and Kyle Drefke lead the team from Houston and Washington DC, respectively. Co-head Blake Winburne is a go-to adviser for oil and gas players and private equity firms, bringing expertise in M&A, joint ventures, project finance, and development. Joe Roger handles transactions across the upstream, midstream, and downstream, frequently working with assets such as LNG, carbon, hydrogen, and ammonia. Jonathan Ayre’s strong finance capabilities are instrumental to numerous deals, particularly in the growing oil and gas securitization market. Bradford Gathright focuses on M&A and private equity transactions, while Adam Griffin is noted for his project finance expertise. Adam Kowis continues to advise operators, exploration and development companies, and funds on M&A and commercial contracts. David Aaronson departed in October 2024. Apart from Drefke in Washington, DC, and Griffin in New York, the team is based in Houston.

Practice head(s):

Blake Winburne; Dahl Thompson; Kyle Drefke


Other key lawyers:

Jonathan Ayre; Bradford Gathright; Adam Griffin; Adam Kowis


Key clients

Equinor


TotalEnergies


ConocoPhillips


Chevron


Occidental Petroleum Corp.


Chord Energy


Nuveen


BP Corporation North America


NOVA Chemicals


Ares Management


ArcLight Capital Partners, LLC


Superior Plus


Ocean Rig UDW, Inc.


WGL Midstream


Cabot Oil & Gas Corp


Vega Energy


Kuvare


AIG


Liberty Mutual


Work highlights


  • Advised Equinor on the agreement with EQT Corporation to acquire additional non-operated interest in the Northern Marcellus formation for US$1.25 billion. Under the agreement, Equinor is acquiring 100% of EQT’s remaining working interest in Northern Marcellus gas units.
  • Advised Equinor on the swap transaction involving Marcellus and Utica upstream and midstream oil and gas assets valued in excess of US $1 billion.
  • Advised Antin on its acquisition of the majority stake in GTL Leasing, an Oklahoma-based company that specializes in leasing gaseous hydrogen transportation and storage equipment in North America.

White & Case LLP

Advising a range of independents, private equity-backed operators, and national and international energy companies, White & Case LLP continues to act on complex oil and gas transactions across key global markets. The firm’s broad practice spans upstream, midstream, and downstream assets, with a growing focus on major US M&A, project development, and joint ventures. Jay Cuclis, co-head of the firm’s global energy practice, has a prolific track record advising on conventional oil and gas and energy transition transactions across Europe, Asia, and the Middle East. Jay Cuclis is highly proficient in M&A, private equity, and joint venture mandates, combining transactional expertise with a strong understanding of commercial agreements. Steven Otillar’s diverse client roster includes energy and production companies, national and independent oil companies, and government agencies, advising on both conventional and low-carbon ventures, including onshore and offshore projects. Project finance and development specialist Clark Wohlferd is noted for handling complex, multi-jurisdictional deals, while Charlie Ofner advises on acquisitions and disposals across the entire oil and gas value chain. Emery J. Choi is another key name for domestic and cross-border M&A. All individuals are based in Houston except Wohlferd who operates out of New York.

Practice head(s):

Jay Cuclis


Other key lawyers:

Mingda Zhao; Steven Otillar; Clark Wohlferd; Charlie Ofner; Emery Choi


Testimonials

‘W&C is a newer entrant to the oil and gas transactional space in the Houston market but has carved out a name for itself with some high-quality partners with extensive energy transactional experience.’

‘The partners we work with at W&C are some of the most sophisticated and knowledgeable partners in the industry. Highly regarded and respected, with which we have done extensive business for many years.’

Key clients

Saudi Aramco


Chevron


ExxonMobil Corporation


Continental Resources, Inc.


Old Ironsides Energy, LLC


EIG Global Energy Partners


Kimbell Royalty Partners, LP


Occidental Petroleum Corp


Sixth Street Partners, LLC


Ara Partners


Calyx Energy III, LLC


Japan Petroleum Exploration Co., Ltd.


TotalEnergies E&P USA, Inc.


Beal Bank USA


Dogwood Energy


Blue Water Energy


Hunton Andrews Kurth LLP

Hunton Andrews Kurth LLP advises oil and gas majors, state-owned enterprises, and financial institutions on transactions, financings, and regulatory matters across the upstream, midstream, and LNG sectors. The firm’s broad practice spans onshore and offshore developments, with a growing focus on energy transition projects, including carbon capture initiatives. Co-head Michael O’Leary, who also has an impressive capital markets practice, provides skill in M&A and PE transactions, while co-head Carl Von Merz adds further domestic and cross border transactional expertise across the upstream and midstream. Jordan Hirsch has a strong track record acting as underwriters counsel for significant debt and equity capital raises for major energy companies. Cheryl Phillips is noted for her skill in commercial contracts, overseeing joint operating agreements, drilling arrangements, and oil and gas leases. All individuals are based in Houston.

Practice head(s):

Michael O’Leary; Carl von Merz


Other key lawyers:

Jordan Hirsch; Cheryl Phillips; Ian Goldberg


Key clients

Energy Transfer, LP


ExxonMobil


Genesis Energy L.P.


Hilcorp Energy


Parker Drilling Company


Apache Corporation


DCP Midstream Partners, LP


Western Midstream Holdings, LLC


Warren Resources, Inc.


VAALCO Energy, Inc..


Work highlights


  • Represented the underwriters in connection with Energy Transfer LP’s Public Offering of its $1.0 billion aggregate principal amount of 6.050% senior notes due 2026, $500 million aggregate principal amount of 6.100% senior notes due 2028, $1.0 billion aggregate principal amount of its 6.400% senior notes due 2030 and $1.5 billion aggregate principal amount of 6.550% senior notes due 2033.
  • Represented the underwriters in connection with Energy Transfer LP’s concurrent Public Offerings of its $1.0 billion aggregate principal amount of its 5.250% Senior Notes due 2029, $1.25 billion aggregate principal amount of 5.600% Senior Notes due 2034, $1.25 billion aggregate principal amount of 6.050% Senior Notes due 2054 and $400 million aggregate principal amount of 7.125% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2054 at a price to the public of 99.797%, 99.741%, 99.461% and 100.000%, respectively, of their face value.
  • Represented the underwriters’ in connection with Energy Transfer LP’s concurrent Public Offerings of its $1.25 billion aggregate principal amount of 5.550% Senior Notes due 2034; $1.75 billion aggregate principal amount of 5.950% Senior Notes due 2054; and $800 million aggregate principal amount of 8.000% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2054, at a price to the public of 99.660%, 99.523% and 100.00%, respectively, of their face value.

Jones Day

Jones Day‘s Houston team advises energy clients on high-profile oil and gas transactions across the upstream, midstream, and downstream sectors. With a strong presence in key global energy hubs, the firm counsels on M&A, joint ventures, and regulatory approvals, including FERC and antitrust matters. The practice is led by Jeff Schlegel, whose broad capabilities encompass company acquisitions and asset investments across oil and gas, petrochemicals, and the energy transition. James Olson’s regulatory expertise is integral to the firm’s complex M&A deals, while Kit Rockhill is noted for her proficiency in acquisitions and disposals, project development, and commercial agreements, with recent work in the midstream. Rebecca Searle is also recommended.

Practice head(s):

Jeff Schlegel


Other key lawyers:

James Olson; Kit Rockhill; Rebecca Searle


Testimonials

‘James Olson is one of the more dynamic younger members of the energy bar. He is an effective advocate for his clients and is generally a presence in multiparty settlement negotiations. Jim Beh is a solid senior lawyer. The associates on their team are generally strong, although they seem to have a fair amount of turnover.’

 

Key clients

Southern Company


CITGO Petroleum Corp


Work highlights


  • Advised Southern Company in connection with its approval of and proposed investment in Southern Natural Gas Company’s planned South System 4 pipeline expansion project designed to increase SNG’s South Line capacity by approximately 1.2 billion cubic feet per day.
  • Representing an LNG terminal on the Gulf Coast in negotiating commercial agreements for the transportation of natural gas supplies to its terminal.
  • Representing CITGO in connection with the proposed court-ordered sale of CITGO by a Special Master appointed by the United States District Court for the District of Delaware to Amber Energy, backed by Elliott Investment Management.

Troutman Pepper Locke LLP

Troutman Pepper Locke LLP advises energy clients across the entire value chain, from exploration and production to refining and power generation. The firm handles M&A, project development, finance, regulatory matters, and dispute resolution, offering comprehensive legal support across conventional and renewable energy sectors, infrastructure, and oilfield services. Bill Swanstrom leads the Houston-based team and brings extensive experience in M&A, project finance, and project development, advising a strong roster of industry players and private equity firms. Co-head Terry Radney is a key contact for commercial agreements spanning upstream, midstream and downstream, while David Patton maintains a broad practice covering asset and company acquisitions and disposals, commercial contracts, and disputes. Hunter Summerford primarily focuses on the upstream and midstream, handling inventory transactions, pipeline and storage facility deals, and operational issues. Case Towslee has been particularly active over the past year, supporting M&A, joint ventures, and corporate restructurings.

Practice head(s):

Bill Swanstrom; Terry Radney


Other key lawyers:

David Patton; Hunter Summerford; Case Towslee


Key clients

Enterprise Products Partners


Kinder Morgan


Pinnacle Midstream


Summit Midstream Corporation


Tailwater Capital


Tivoli Midstream, LLC


Trinity Gas Storage


Western Midstream Partners, LP


White Deer Energy


WildFire Energy


Work highlights


  • Represented Enterprise Products Partners L.P. in its definitive agreement to acquire Piñon Midstream, LLC, a portfolio company of Black Bay Energy Capital and provider of natural gas gathering and treating services in the core of the prolific eastern flank of the Delaware Basin in New Mexico and Texas, in a debt-free transaction for $950 million in cash consideration.
  • Advised Summit Midstream Corporation in its definitive agreement to acquire Tall Oak Midstream III, in a cash-and-stock transaction valued at approximately $425 million with $25 million contingent consideration.
  • Represented WildFire Energy I LLC in the acquisition of approximately 237,000 net acres and interests in 465 wells in the East Texas Eagle Ford from Apache Corporation and subsidiaries.

Porter Hedges LLP

Porter Hedges LLP advises public and private E&P companies, oilfield services providers, and midstream and downstream operators on high-value M&A and structured financings. The firm has notable expertise in asset-backed securitizations for the oil and gas sector and represents clients in bankruptcy-related asset sales. Group lead James Thompson  is a trusted adviser to public and private energy companies on the acquisition of mineral and royalty interests and fee mineral interests. Co-lead Jeremy Mouton has recently overseen restructurings and disposals arising from bankruptcy proceedings while also advising on midstream and upstream acquisitions. Michael Byrd’s practice is primarily upstream-focused, handling the transfer of working and non-operating interests. Benjamin Rajabi leads on project development and commercial agreements, including long-term fuel purchasing arrangements, while David Mann’s M&A expertise is relied upon for asset acquisitions and disposals. All lawyers mentioned are in Houston.

Practice head(s):

Jeremy Mouton; James Thompson


Other key lawyers:

Michael Byrd; Benjamin Rajabi; David Mann


Key clients

Chevron USA, Inc.


TotalEnergies SE


Black Stone Minerals, L.P.


KODA Resources, LLC


Franco-Nevada Corporation


Carnelian Energy Capital Management L.P.


Par Pacific Holdings, Inc.


Ascent Resources, LLC


Occidental Petroleum Corporation


Seneca Resources Company, LLC


Verdun Oil Company LLC


The Williams Companies, Inc.


PureWest Energy LLC


Work highlights


Sidley Austin LLP

Advising upstream, midstream and oilfield services companies, Sidley Austin LLP’s multidisciplinary team provides regulatory and transactional counsel across M&A project finance, joint ventures, capital markets, and corporate restructuring. Outside of traditional oil and gas work, the firm is active in energy transition initiatives, particularly in carbon capture and sequestration. Kenneth Irvin helms the energy practice from Washington DC. Co-head Cliff Vrielink serves as a key contact for the firm’s leading private equity, infrastructure fund, and oil and gas company clients, advising on investments and acquisitions. Timothy Chandler maintains a broad energy M&A practice spanning multiple jurisdictions, while Stephen Boone, who joined from Akin in May 2024, brings extensive experience in upstream and midstream transactions. Co-managing partner of the Sidley’s Houston office, George Vlahakos also has a strong focus on the oil and gas sector, helping clients with M&A, capital raises and partnership structures. Trent Bridges left the practice in May 2024.

Practice head(s):

Cliff Vrielink; Kenneth Irvin


Other key lawyers:

Tim Chandler; Stephen Boone; George Vlahakos


Key clients

Cheniere Energy, Inc.


Enbridge Inc.


Energy Transfer LP


Enterprise Products Partners L.P.


Howard Midstream Energy Partners, LLC


Sitio Royalties


Stonepeak Infrastructure Partners


Sunoco LP


TC Energy Corporation


WhiteWater Midstream, LLC


Work highlights


Simpson Thacher & Bartlett LLP

Simpson Thacher & Bartlett LLP has longstanding experience in the oil and gas sector, handling upstream, midstream, LNG, and petrochemical matters, alongside energy transition projects like carbon capture and alternative fuels. Breen Haire spearheads the energy and infrastructure practice group and is reputed for the breadth of his company and asset portfolio deal sheet, while Christopher May, co-managing partner of the firm’s Houston office, has established strength advising financial sponsors and infrastructure funds on M&A and corporate transactions. Brian Rosenzweig is highly regarded for his capital markets expertise, regularly assisting corporates, financial institutions, and private capital advisors, while also handling a broad range of financings, including leveraged and acquisition finance. Erland Modesto is active across the entire oil and gas value chain, with particular proficiency in debt finance and restructuring. Katy Lukaszewski has recently advised on strategic natural gas pipeline joint ventures, large-scale upstream asset acquisitions, and the establishment of sustainable infrastructure investment ventures. Andrew Lanius is another key name for greenfield and brownfield finance. All individuals are based in Houston.

Practice head(s):

Breen Haire; Christopher May


Other key lawyers:

Brian Rosenzweig; Erland Modesto; Katy Lukaszewski; Andrew Lanius


Key clients

Angelo Gordon


Apollo


ARM Energy Services


Bank of Montreal


Bighorn Permian Resources


BlackRock


Bank of America


Capital Power Investments LLC


Citibank


COPEC


Crescent


EIG Management Company


Energy Opportunities Capital Partners LLC


First Infrastructure Capital


First Reserve Corporation


Goldman, Sachs & Co.


IFM Net Zero Infrastructure Fund


IMTT


ISQ Whistler Holdings


JPMorgan


Kimmeridge


KKR


Kodiak Gas Services


Kosmos Energy


Morgan Stanley


NOVA Chemicals Corporation


Pan American Energy


PNC


Raízen S.A


SIBA Energy Corporation


Sitio Royalties Corp.


Sona Asset Management


Stonepeak Partners


TD Securities


Tudor, Pickering, Holt & Co.


US Bancorp


Vanguard Renewables


Venture Global LNG


Wells Fargo


Whitewater Midstream LLC


Work highlights


  • Advised administrative agents in the Fourth Amended and Restated Credit Agreement for EQT Corporation.
  • Advised ISQ Whistler Holdings, a portfolio company of WhiteWater Midstream and I Squared Capital, in the formation of a strategic natural gas pipeline joint venture with Enbridge Inc. and Marathon Petroleum.
  • Advised the initial purchasers with respect to the offering by NGL Energy Partners LP of $900 million of senior secured notes due 2029 and $1.3 billion of senior secured notes due 2032.

Weil, Gotshal & Manges LLP

Weil, Gotshal & Manges LLP Combining strength in high-stakes M&A, financings, and restructurings, Weil Gotshal continues to expand its oil and gas-focused team, providing comprehensive counsel to exploration and production companies, sponsors, and financial institutions. Omar Samji leads the group, advising on M&A, joint ventures, project development, commercial agreements, and equity and debt finance. Chris Bennett focuses on the acquisition and disposal of upstream and midstream assets, including processing and gathering terminal facilities, pipelines, and liquid storage terminals. Cody Carper, a private equity specialist, handles both sponsor and management-side transactions in the upstream and midstream sectors, bringing additional expertise in land, marketing, and drilling issues. Steven Lorch and Jacqui Bogucki joined the firm from Bracewell LLP and Simpson Thacher & Bartlett LLP, respectively, in early 2024.


Practice head(s):

Omar Samji


Other key lawyers:

Chris Bennett; Cody Carper; Steven Lorch; Jacqui Bogucki


Key clients

Antero Midstream Corporation


Barclays PLC


ChampionX Corporation


Citigroup Global Markets Inc.


Contango Resources, LLC


DT Midstream


Energy & Minerals Group and Vision Blue Resources


Hut 8 Corp.


J.P. Morgan Securities LLC


IMTT Holdings LLC


Mesa Royalties III Holdings, LLC


MUFG Securities Americas Inc.


PNC Capital Markets LLC


Rangeland Energy


RBC Capital Markets, LLC


SMBC Nikko Securities America, Inc.


Sunoco LP


Truist Securities, Inc.


Wells Fargo & Company


WhiteHawk Energy, LLC


Work highlights


  • Advising Sunoco LP in its approximately $7.3 billion acquisition of NuStar Energy L.P., a publicly traded master limited partnership that transports and stores crude oil and refined products.
  • Advising the financial advisor to Occidental Petroleum Corp. in its pending approximately $12 billion acquisition of CrownRock LP.
  • Advising ChampionX Corporation on the tax aspects of its pending sale to SLB.

Willkie Farr & Gallagher LLP

Willkie Farr & Gallagher LLP significantly strengthened its oil and gas transactional offering in 2024, adding former Shearman & Sterling private equity head Sarah McLean in January, alongside Dale Smith from Mayer Brown and Holt Foster from Sidley Austin LLP, who joined in June. McLean and Foster now co-lead the practice from Houston and Dallas, respectively, with McLean continuing to advise financial sponsors, funds, and management teams on company and asset acquisitions and disposals, while Foster counsels a broad client base on M&A, private equity, and venture capital transactions across the energy sector. Archie Fallon also helms the practice and is a key contact for brownfield energy investments, while co-head Brad Honeycutt handles sponsor and management-side private equity instructions in the upstream and midstream. Tan Lu has a broad practice spanning M&A, joint ventures, commercial agreements, and drilling and oilfield services, whereas Tony Johnston is recognised for his private equity work, advising funds, management teams, and family offices. Erin Kaufman   also comes recommended. Johnston sits with Holt in Dallas. The rest of the team advises from Houston.

Practice head(s):

Sarah McLean; Archie Fallon; Brad Honeycutt; Holt Foster


Other key lawyers:

Tan Lu; Tony Johnston; Erin Kaufman


Key clients

Caliche


Easton Energy/Cresta Funds


Haddington Ventures


Layne Water Midstream Resources


Mitsui & Co., Ltd.


Pan Energy Infrastructure Fund


Pickering Energy Partners


Sage Butte


Sentinel Midstream/Cresta Funds


Silver Hill Energy Partners, LP


Warburg Pincus


Work highlights


Winston & Strawn LLP

‘Attentive with great communication’, Winston & Strawn LLP‘s oil and gas practice continues to expand, with strategic lateral hires strengthening its capabilities across upstream, midstream, and oilfield services. The firm advises on high-value transactions, financings, and energy transition matters, supporting clients across the entire value chain. Mike Pikiel leads the team from New York. Co-head Mike Blankenship leads the rest of the team from Houston, and, while primarily known for his corporate finance and securities expertise, has recently built a strong track record advising exploration and production companies, as well as oilfield service providers, on M&A and investment transactions in the upstream and midstream. Kevin Brophy and Ming Lei joined from McDermott Will & Emery LLP in August 2024, adding further M&A, private equity, and joint venture expertise to the practice. Jon Bodle also comes recommended. Rodney Moore and Scott Delaney departed in October 2024, Rich Shutran has also departed the team.

Practice head(s):

Mike Blankenship; Mike Pikiel


Other key lawyers:

Kevin Brophy; Ming Lei; Jon Bodle


Testimonials

‘Attention, expertise, global resources, communications, staffing.’

‘Attentive with great communication.’

‘We have worked with Kevin Brophy and Ming Lei for a number of years and followed them over to Winston & Strawn from their previous firm. Their knowledge, expertise, professionalism and availability for discussion is best in class. We haven’t hesitated in reaching out to them for complex legal negotiations.’

Key clients

Alternus Energy


APEX Capital Partners, LLC


Bayou Midstream, LLC


Chart Industries, Inc.


DNOW Inc.


Drilling Tools International Corp.


Nauticus Robotics, Inc.


NGL Energy Partners LP


Nxu Inc.


RBC Capital Markets Corporation


SandRidge Energy


Work highlights


  • Advised DNOW L.P. in its acquisition of Whitco Supply, a Louisiana-based provider of energy products and solutions to the midstream market and broader energy sectors.
  • Advised SandRidge Energy, Inc. in its US$144M definitive agreement to acquire certain oil and gas producing assets and leasehold interests in the Cherokee play of the Western Anadarko Basin.
  • Advised Torres del Paine Investment I, LP in connection with a US$255M term loan facility provided by Torres del Paine Investment I, LP to ST EIP HoldCo LLC.

O'Melveny

O'Melveny has a long history in the oil and gas sector, advising on regulatory, transactional, and environmental matters. The firm is active in major M&A, joint ventures, and LNG projects, with a growing Texas presence providing comprehensive support for clients across the energy value chain. Jason Schumacher leads the team from Dallas, advising on a broad range of M&A, joint ventures, project development, and commercial law matters. New York’s Junaid Chida has a strong cross-border practice and has recently led project development and finance mandates in North and East Africa. Ryan Sears operates from Dallas and focuses on both company and asset transactions, as well as day-to-day operational issues. The team saw several additions in 2024, with Denise Scofield joining from Winston & Strawn LLP in July, and both David Aaronson and Jibin Luke arriving in November from Orrick, Herrington & Sutcliffe LLP and McDermott Will & Emery LLP, respectively.

Practice head(s):

Jason Schumacher


Other key lawyers:

Junaid Chida; Ryan Sears; Denise Scofield; David Aaronson; Jibin Luke


Key clients

Eagle Mountain Energy Partners


Comstock Resources, Inc.


Founders Oil & Gas LLC


Apollo Management, L.P.


Belvedere Royalties, LLC


Dara Energy, LLC


North Hudson Resource Partners L.P.; SRR Rockies Holdings, LLC


Work highlights


  • Advised Eagle Mountain Energy Partners, a portfolio company of Dallas-based investment firm Pearl Energy Investments, on its agreement with TXO Partners, L.P. to sell the Elm Coulee field in Montana and the Russian Creek field in North Dakota for total cash consideration of US$225 million and 2.5 million common units of TXO, subject to customary purchase price adjustments.
  • Represented Dara Energy, LLC in the US$22.5 million acquisition of all the assets of Vinland Energy, LLC.
  • Advised Comstock Resources, Inc. on its private offering of new 6.75% senior unsecured notes due 2029 in the aggregate amount of US$400 million.

A&O Shearman

A&O Shearman‘s Houston-based oil and gas team advises on high-value transactions across the upstream, midstream, and downstream sectors. The team has acted for major industry players on acquisitions, joint ventures, and divestments, with growing involvement in energy transition projects. Bill Nelson leads the group and is a highly experienced transactional partner renowned for his capital markets offering that is routinely sought out by industry players, financial institutions, and investment banks. Co-head Taylor Landry is another name for securities offerings whilst also helping clients with M&A, corporate governance and compliance matters.

Practice head(s):

Bill Nelson; Taylor Landry


Testimonials

‘The team has a wide range of experience in oil and gas deals, including both upstream and midstream deals. The firm is using AI and other technology to be more efficient.’

‘Their dedication to getting a deal done on time and their knowledge of the subject matter. Nathan Meredith, in particular, is a standout member of the energy team given his experience in oil and gas transactions and his work ethic.’

Key clients

Chevron Corporation


DT Midstream


Petrobras


Ecopetrol S.A.


Empresa Nacional del Petroleo


Turnbridge Capital


US Department of Energy


Work highlights


  • Advising Chevron in the USD6.5bn divestment of its bundle of assets in Alberta’s oilsands to Canadian Natural Resources Ltd.
  • Advised DT Midstream, Inc.in its FERC-regulated natural gas transmission pipelines from ONEOK, Inc. for USD1.2bn.
  • Advised Turnbridge Capital in the sale of portfolio company Probe to Weatherford International plc.

Jones Walker LLP

Jones Walker LLP advises on major oil and gas infrastructure projects in the US and beyond, with experience spanning offshore energy, LNG facilities, and regulatory challenges. The firm also plays a key role in carbon capture and clean fuel developments in the region. Marjorie McKeithen and Grady Hurley co-lead the team, with the former noted for her skill handling commercial agreements and engagement with a variety of hydrocarbons, and the latter for his litigation and regulatory expertise. Lauren Mastio helps clients navigate commercial and construction issues, while David Hunter and Seth Levine primarily focus on project finance and development. Michael Drew acts on regulatory issues concerning both brownfield and greenfield projects. Justin Marocco and Sarah Dicharry also come recommended. Aside from Marocco in Baton Rogue, all practitioners operate out of New Orleans.

Practice head(s):

Marjorie McKeithen; Grady Hurley


Other key lawyers:

Lauren Mastio; David Hunter; Seth Levine; Michael Drew; Justin Marocco; Sarah Dicharry


Work highlights


McDermott Will & Emery LLP

McDermott Will & Emery LLP advises on a broad range of oil and gas transactions, including acquisitions, divestitures, joint ventures. The firm’s recent work includes handling major deals in strategic basins and assisting energy companies in securing financing for large-scale projects. Houston’s Jack Langlois helms the practice and is active on investments and financing across the entire oil and gas value chain, working alongside public and private companies, sovereign entities, financial institutions and financial sponsors.

Practice head(s):

Jack Langlois


Other key lawyers:

Ed Zaelke


Testimonials

‘MWE energy team has done a great job for us. There is great partner availability, industry knowledge and insight, and overall a very service-oriented and down-to-earth culture which leads to smooth interactions with clients and counter-parties.’

‘Ed Zaelke is one of the most knowledgeable and connected U.S. lawyers in our industry. He is also a great guy to work with – timely and practical advice.’

Key clients

Aiga Capital Partners LLC


Arbor Renewables


Bayou Midstream, LLC


Beam Suntory Inc.


Birch Resources


Chord Energy


CNA


Crossbridge Energy Partners


Diversified Volterra Royalties


EIV Capital, LLC


Ellipsis Energy


EnCap Flatrock Midstream


EndpointEnergy


EOG Resources


Evolve Transition Infrastructure LP


Haymaker Resources


Irving Oil Limited


Kayne Anderson Capital Advisors, L.P.


Kayne Anderson Energy Infrastructure Fund, Inc.


Kraken Resources LLC


Lafayette Energy Corp


Midcon Holdco Partners LLC


Monadnock Resources LLC


Nel Hydrogen US


Chord Energy Inc.


Phalanx Impact Partners LLC


Recapture


Ridgemont Equity Partners


Trio Petroleum Corp


Vopak Industrial Infrastructure Americas, LLC


Westlawn Group


Woodland Midstream II, LLC


XCL Resources


Work highlights


  • Advised Kraken in multiple matters, such as the acquisition of substantially all of Crescent Point’s US oil and gas assets for $500 million.
  • Advised Birch Resources in multiple matters, including the negotiation of a joint bidding agreement with another oil and gas company to jointly bid to acquire the oil and gas assets of a seller.
  • Represented Chord Energy in multiple matters, including the amendment of Residue Gas and NGL Purchase Processing Agreement to revise pricing provisions, an amendment of Crude Oil Gathering, Stabilization, Blending and Storage Agreement to revise and update various commercial provisions, and the negotiation of a Mobile Gas Processing Agreement.

McGuireWoods LLP

McGuireWoods LLP advises major energy utilities and infrastructure funds on oil and gas transactions, including acquisitions, project development, and financings. The firm has a strong track record in midstream assets and regulatory matters, representing key industry players in complex deals and energy transition initiatives. Anthony Carna chairs the oil and gas practice from Pittsburgh. Co-leader of the firm’s Renewable Energy group Mike Woodard operates out of Richmond and has a broad practice that includes advising investors, developers and financial institutions on corporate transactions and financings. Co-head Breenen Keene, also in Richmond, is chiefly recognised for his real estate and development focused practice, while co-head Durham McCormick is a go-to for tax expertise in Houston. The San Francisco-based Evelyn Kim’s far-reaching offering combines both M&A and project finance capabilities. Pittsburgh’s Molleigh Thomas also comes recommended. Jay Hughes joined from Willkie Farr & Gallagher LLP in January 2024.

 

 

Practice head(s):

Anthony Carna; Mike Woodard; Brennen Keene; Durham McCormick


Other key lawyers:

Evelyn Kim; Molleigh Thomas; Jay Hughes


Key clients

Dominion Energy, Inc.


East Point Energy


Work highlights


  • Advised Dominion Energy on contracts with an aggregate value of approximately $7 billion to construct a 2.6-gigawatt Coastal Virginia Offshore Wind commercial project.

Milbank

Milbank has deep expertise in oil and gas transactions, advising on project development, financings, M&A, and regulatory matters across the value chain. Dan Bartfeld heads the team and is highly regarded for his energy M&A expertise, acting as a longstanding advisor to financial institutions, investment firms, and developers. Co-head Dan Michalchuk works with a range of sponsors and lenders on complex, large-scale project financings, with extensive experience in oil and gas and petrochemical ventures. Roland Estevez has recently been active on significant greenfield and brownfield financings in the upstream and midstream, while Sean O’Neill also comes recommended. All individuals are based in New York.

Practice head(s):

Dan Bartfeld; Dan Michalchuk


Other key lawyers:

Roland Estevez; Sean O’Neill


Testimonials

‘Incredibly strong group. Can effectively deliver across products. For financial sponsors they deliver a complete solution. We would highlight Roland Estevez.’

‘Milbank’s Project and Energy Finance Law practice stands out as a powerhouse in the industry. This practice is distinguished by its deep expertise in complex, large-scale energy projects and its ability to navigate intricate financial structures. Potential clients would be particularly interested in the team’s proven track record of handling high-value transactions, their global reach, and their comprehensive understanding of both traditional and renewable energy sectors. The practice’s key strengths lie in its multidisciplinary approach, combining top-tier legal expertise with in-depth industry knowledge. This allows them to provide holistic solutions that address not just legal concerns, but also commercial and regulatory challenges.’

‘Dan Bartfeld, a distinguished partner at Milbank, stands out as a preeminent figure in the project finance and energy sector. His work on various portfolio company financings exemplifies his expertise and the value he brings to complex transactions. What sets Dan apart is his exceptional ability to navigate intricate financial structures while maintaining a keen understanding of the energy industry’s nuances. His approach combines deep legal acumen with strategic business insight, allowing him to provide solutions that are not only legally sound but also commercially viable.’

Key clients

MUFG Bank, Ltd.


Mizuho Bank, Ltd


Truist Securities, Inc


Banco Bilbao Vizcaya Argentaria, S.A. New York Branch


ACB


Emerald Storage Holdings LLC


Carlyle


Investec Bank plc


KeyBank National Association


UIF GP, LLC / Ullico’s Infrastructure Fund’s


Work highlights


  • Represented MUFG Bank, Ltd. as Coordinating Lead Arranger, Initial Term Loan Facility Agent, Intercreditor Agent and Lender, and each other Lender participating in the financing in connection with the design, development and operation of the Woodfibre LNG facility, which includes large-scale natural gas treatment, processing and liquefaction facilities in Squamish British Columbia, Canada.
  • Represented Emerald Storage Holdings LLC, in connection with the incremental financing of an amount of $50 million to its existing Revolving Facility, also involving TD Bank entering the financing as a lender.

Skadden, Arps, Slate, Meagher & Flom LLP

Skadden, Arps, Slate, Meagher & Flom LLP pairs its robust M&A capabilities with a strong energy practice, advising on oil and gas transactions, joint ventures, financings, and restructurings. The firm acts for energy companies, private equity firms, and lenders in complex domestic and cross-border deals, including those requiring regulatory, antitrust, and CFIUS expertise. Eric Otness leads the team out of Houston and is skilled in M&A, private equity, and joint venture transactions, acting for a range of domestic and multinational clients. David Armstrong sits in New York and advises on both borrower and lender-side instructions concerning leveraged, acquisition, and project finance. Also in New York, Julia Czarniak brings further project development expertise, with a strong track record in oil and gas, LNG, and petrochemical ventures.

Practice head(s):

Eric Otness


Other key lawyers:

David Armstrong; Julia Czarniak


Work highlights