Energy Contracts

Overview

The Steptoe & Johnson Energy Contracts Team is made up of attorneys and professionals with vast experience serving clients in the oil and gas, coal, renewables, and utility industries. Our team understands the diverse needs of our energy clients. In addition to providing skilled representation on a wide range of traditional contracts, we offer representation in continuously developing areas including carbon credit projects, carbon sequestration, and ESG considerations.

Our Energy Contracts team provides sound, prompt counsel for clients doing business in the major energy-producing regions of the United States, including Appalachia, Texas, Mid-Continent, and the Rockies. Our goal is to work collaboratively with our clients to effectively and efficiently meet their business goals.

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Highlights

More than 40 experienced attorneys on the Energy Contracts Team
Team members work closely with our Tax, Environmental, Regulatory, and Litigation Teams
Extensive experience with upstream, midstream, and downstream matters
Experience in carbon credit projects
Vast experience in operational and title issues
Team includes former in-house counsel for a Fortune 500 energy company, a petroleum engineer, Certified
Professional Landmen, and attorneys Board Certified in Oil, Gas and Mineral Law by the Texas Board of Legal Specialization

Representative Contract Types

Mineral / Renewables Leases
Purchase and Sale Agreements; Exchange/Swap Agreements
Joint Operating Agreements
Joint Exploration/Development Agreements
Farm-out and Farm-in Agreements
Easements and Rights-of-Way
Conservation Easements
Gas Gathering, Processing, Transportation, Supply, & Interconnection Agreements
Well Support Agreements
Permit Operating Agreements
Coal Processing Agreements
Master Service Agreements
Service and Management Contracts
Subordination Agreements

Representative Experience

Negotiated and drafted documents, performed title curative services for, and closed multi-million-dollar energy transactions
Represented sellers and buyers in various oil and gas acquisitions, including sale of an entity worth $3.75 billion and multiple transactions exceeding $100 million
Represented an energy company in emissions offset credit agreement and other carbon capture-type projects
Negotiated property agreements for commercial and utility-scale solar projects
Led team drafting a multi-million-dollar supply agreement for the production and sale of biomass to an electric generating plant, which involved traditional contract issues, clean air and greenhouse gas regulations, tax credits and subsidies for renewable energy sources, corporate tax, and intellectual property issues
Advised on joint operating agreements, drilling commitment agreements, farm-out agreements, and other documents defining parties’ rights and responsibilities in operating and producing in contract areas