In the News

Fracking Legal Landscape Updated in Haynes and Boone White Paper

HOUSTON – Haynes and Boone, LLP energy attorneys have published an update to their comprehensive and highly regarded “American Law and Jurisprudence on Fracking,” a white paper that examines the legal, environmental and regulatory climate in active shale play states. >>



Recent Publications

EPA to Regulate Fracing Substances under the Toxic Substances Control Act

EPA recently made an announcement of interest to those in the oil field services sector as well as in the energy sector itself. On November 23, the agency announced that it was granting in part a petition by Earthjustice to initiate rulemaking under the Toxic Substances Control Act (TSCA), relating to chemical substances and mixtures used in oil and gas exploration or production. >>

New Requirements Under Texas Eminent Domain Laws

The 2011 Texas Legislature adopted broad changes to eminent domain laws that take effect on September 1, 2011. Under the new law, public and private entities that hold condemnation power face important new requirements and deadlines. >>

New EPA Oil and Gas Air Quality Standards

In order to comply with a court-ordered schedule, EPA Administrator Lisa Jackson on July 28 signed a 604-page package that proposes to subject additional oil and gas operations to regulation under the New Source Performance Standards (NSPS) and National Emission Standards for Hazardous Air Pollutants (NESHAPS) programs and to impose new and amended requirements under both programs. >>




Oil and Gas; Exploration and Production; Oil Field Services

 
The upstream portion of our practice focuses on representations including:

  • Purchase, sale and financing of producing oil and gas properties and related production facilities, platforms, terminals and gathering systems for domestic and international E&P companies and investors

  • Operating agreements, master service agreements, joint ventures, participation agreements, exploration agreements, farm outs and related operational issues

  • Debt and equity financing arrangements for E&P companies, investors and lenders including secured borrowing base credit facilities, land bank agreements, partnerships and joint ventures, contribution agreements and offerings

  • Procurement of governmental permits, orders and authorizations

  • Contracts for drilling, production facility, platform and terminal, facility acquisition, and construction involving platforms, terminals, drilling rigs, caissons, pipelines, and plants, and the financing of such transactions and facilities

  • Construction and operation of offshore facilities, platforms, terminals, gathering systems and mobile drilling units

  • Mezzanine and asset-backed financings

  • Volumetric production payment (VPP) and net profits interest (NPI) financings

  • Structuring and documentation involving seismic data on a license and on a proprietary basis

  • Complex multi-well drilling and participation agreements

  • Negotiations for chartering of support vessels overseas

  • Arrests and foreclosures of offshore drilling rigs