Porter Hedges LLP advises public and private E&P, oilfield services, and midstream and downstream companies. The team has experience in asset-backed securitizations, advising debtors, creditors, and bidders on the sale of oil and gas assets in bankruptcy proceedings, and with joint venture structuring. The Houston-based James Thompson and Jeremy Mouton lead the practice, with Thompson specializing in upstream and oil and gas transactions and Mounton acting as a key advisor to E&P companies, private equity firms, and lenders in upstream and midstream mandates. Other key practitioners include the upstream M&A specialist Michael Byrd. Benjamin Rajabi and David Mann support the practice’s upstream and midstream transactional ability. Byrd, Rajabi, and Mann are also located in the Houston office.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Key clients
- Chevron Corporation
- Black Sone Minerals L.P.
- The Williams Companies, Inc.
- Franco-Nevada U.S. Corporation
- PureWest Energy, LLC
- KODA Resources, LLC
- Verdun Oil Company LLC
- Crescent Mineral Partners LLC
- TotalEnergies SE
- Alpine Summit Energy Partners, Inc.
- Sage Road Capital, LP
- Banner Oil & Gas, LLC
Work highlights
Advising Chevron U.S.A. Inc. in its sale of a 70% interest in its East Texas gas assets to an affiliate of TG Natural Resources LLC for $525m.
Represented Sabana Haynesville, LLC, who along with Vanna Production, LLC, sold unconventional gas assets in Texas to Mitsui E&P USA LLC.
Represented Black Stone Minerals, L.P. in a multi-year transaction with Revenant Energy to provide Revenant with a development agreement that covers approximately 270,000 gross and 95,000 net undeveloped acres.
Practice head
Jeremy Mouton; James Thompson
Other key lawyers
Michael Byrd; Benjamin Rajabi; David Mann