Oil and gas transactions and financing are the key areas of expertise for King & Spalding’s Houston-based team. The team focuses on acquisitions, divestments, and offtake agreements, with an emphasis on LNG, hydrogen, CCUS, and other petrochemical mandates. Veteran practitioner, Stuart Zisman, with extensive experience in midstream and downstream transactions and advising on pipelines, storage and processing facilities, is the practice head. Strengthening the practice’s project development and midstream and downstream oil and gas transactional ability is Mark Schlackman. Kimberlee Cagle, focused on leveraged finance and representing lenders and borrowers on reserve-based credit facilities for oil and gas exploration and production companies, is another key team member. Jonathan Newton is a stand-out contact for public and private M&A, securities offerings, and SEC reporting, especially in oil and gas transactions. Peter Hays left the team in June 2025.
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Key clients
- Abu Dhabi National Oil Company
- ADNOC Drilling
- Cheniere Energy
- Chevron Phillips Corporation
- Chord Energy
- Commonwealth LNG
- ConocoPhillips
- Global Clean Energy Holdings
- Equistar Chemicals, LP.
- Instar
- JERA & Co., Ltd
- Kinder Morgan Inc.
Work highlights
Advised Abu Dhabi National Oil Company in acquiring a 35% interest in a low-carbon hydrogen and ammonia facility from ExxonMobil Low Carbon Solutions.
Advised JERA in the negotiation process for the joint development, formation and final investment decision with Blue Point Number One ATR Project.
Advised ConocoPhillips in a series of capital markets transactions in connection with the acquisition of Marathon Oil Corporation.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Practice head
Stuart Zisman
Other key lawyers
Mark Schlackman; Kimberlee Cagle; Jonathan Newton; Trevor Pinkerton; Mitch Tiras