Energy
Stephen Crain, chair of litigation at Bracewell LLP, leads major energy litigation matters, representing clients such as Apache, Chevron, and Tenaska. His recent work includes defending royalty class actions in New Mexico and Oklahoma, a carbon dioxide trespass case in Texas, and market manipulation claims stemming from Winter Storm Uri. He has also handled indemnity disputes related to legacy environmental claims and argued billion-dollar contract cases before the Texas Supreme Court.
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Profile
Work Department
Litigation
Position
Stephen Crain has spent his career advocating for clients in high-stake and complex commercial disputes in the United States and internationally. Stephen’s practice largely focuses on energy, securities, and construction. His diverse energy practice ranges from oil and gas royalty class actions to power-trading disputes to claims in adversary proceedings. In securities matters, Stephen represents officers, directors, and corporations in class actions and has successfully defeated multiple injunctions sought to prevent mergers. Stephen also represents owners in large-scale construction disputes.
Career
He is the firm-wide Chair of the Litigation Group and serves on the firm's Management Committee.
Education
J.D., The University of Texas School of Law, 1990; A.B., Duke University, 1987.
Content supplied by Bracewell LLP
Key clients
- Apache Corporation
- Chevron USA, Inc.
- Apache Corporation
- Unocal Corporation
- PetroChina International Inc.
- Tenaska Gas Storage, LLC
- Tenaska Marketing Ventures
- Tenaska Capital Management LLC and Tenaska, Inc.
- Tenaska Marketing Ventures
Work highlights
Lead counsel for Apache Corporation in multiple high-stakes oil and gas litigations involving billions in alleged damages. H
Representing major energy companies - including Chevron, Apache, PetroChina, and Tenaska - in a first-of-its-kind market manipulation case arising from Winter Storm Uri, one of 11 similar suits pending in Texas state court.
Representing Tenaska Marketing Ventures in class actions consolidated in Kansas alleging natural gas price manipulation during Winter Storm Uri. Plaintiffs claim violations of the Kansas Consumer Protection Act and seek over $500 million in damages. Bracewell won a dismissal, and the case is currently on appeal.