Upstream
Nationally recognized depth and diversity of practice in the oil and gas arena.
WHY LOCKE LORD
The roots of Locke Lord's extensive oil and gas experience date back to the early 1900s. Our energy lawyers advise oil and gas clients in complex transactions, litigation, regulatory and financing matters. Our transactional experience includes mergers, acquisitions, dispositions, joint ventures and investments in assets spanning all of the major shale plays in the United States, offshore Gulf of Mexico and beyond throughout the Americas, Europe, Africa, Asia and the Middle East.
Our team is also skilled at addressing the special problems and issues presented by lending on the basis of oil and gas collateral. We understand complex credit agreements as well as lender concerns about confirming borrower ownership of oil and gas interests and related title issues.
Locke Lord offers its oil, gas and energy clients years of experience in every traditional oil and gas transaction, including:
- Acquisitions and divestitures of producing and non-producing properties
- Exploration agreements
- Development agreements
- Operating agreements
- Master service agreements
- Reserve-based financings (including volumetric production payments or VPPs)
- Drilling contracts
- Farm-outs, farm-ins and farm-downs
- Gas marketing, processing, purchase and transportation agreements
- Fractionation agreements
- Oil and gas leases
- LNG transactions
- Pooling and unitization agreements
- Joint venture agreements
Energy litigation is a mainstay of Locke Lord’s energy practice. Our trial lawyers represent more than 100 oil, gas and energy clients in domestic and international litigation and arbitration proceedings. Our clients include major international oil and gas companies, independents, oilfield service and offshore drilling companies. Locke Lord's litigation capabilities are complemented by extensive appellate experience and years of representing clients before a host of energy industry governmental entities.
Additionally, our team of bankruptcy, restructuring, insolvency and tax lawyers provides experience and depth in virtually every aspect of energy restructuring and bankruptcy distressed acquisition matters.