Jump to Navigation

Bracewell’s energy practice represents the global upstream oil and gas industry around the world from Texas and Latin America to the Caspian Region and Southeast Asia. On behalf of onshore and offshore producers, we help acquire and  sell producing and non-producing properties, structure the full range of production agreements (including farmout, exploration, master service, joint ventures, gas sale and purchase agreements), and facilitate transportation, gathering, processing, and other production handling arrangements. 

Our energy team helps oil and gas producers structure sales and acquisitions of producing and non-producing properties, pipelines, processing plants, and other related assets. We negotiate and draft all necessary documents, including those facilitating joint operating agreements, leases, and other forms of joint ventures designed to minimize risks and tax consequences.  We also represent clients in the purchase and sale of hydrocarbon products, on royalty issues and other disputes concerning allocation of revenues and expenses. We have a proven track record at contract interpretation and structuring reasoned settlements involving complex legal and accounting issues. Our lawyers are skilled in addressing the special problems and issues presented by lending on the basis of oil and gas collateral. We understand lender concerns about confirming borrower ownership of oil and gas interests and about the cost of a title review to confirm that ownership. We assure lending clients regarding title issues, using our commercial lending experience to handle oil and gas lending effectively, professionally and efficiently.

We also handle all other exploration and production contractual matters, including:

  • pipeline, platform and facility construction arrangements
  • platform and equipment sharing arrangements
  • turnkey and other drilling agreements
  • farmout and participation agreements
  • seismic shoot arrangements, data acquisitions and seismic license
  • surface and subsurface easements
  • calls on hydrocarbon production
  • equipment leases
  • oil and gas leases

We handle oilfield and drilling services contracts and master service agreements, form joint ventures and other project-specific business entities, and resolve risk allocation and indemnity disputes. Our lawyers are skilled in all aspects of oil, gas and mineral leases, and regularly work with seismic licensing, data acquisition and use agreements.

We Know Energy®