Oil and Gas and Minerals
Our representation covers virtually every aspect of the upstream, midstream and downstream oil and gas industries.
Onshore and offshore companies turn to Phelps for our decades of experience in the oil and gas industries. We provide counsel in the areas of energy lending, regulatory oversight and proceedings, wetlands regulation and all related litigation. From exploration and production through transportation, refining and marketing, we handle it all. Our oil and gas lawyers cover the range of interests in the oil patch, including producers, transporters, processors, landowners and royalty owners. We also have negotiated with federal and state agencies to construct wetlands mitigation areas and have counseled clients participating in shoreline projects in coastal Louisiana.
From a transactional perspective, we represent lending institutions and energy companies in the execution of energy-related mortgages and counsel banks and financial institutions in project financing and mineral-based financing transactions for onshore and offshore Gulf Coast properties. We have been particularly active in advising independents in the acquisition of properties from major oil companies.
Major landowners seek Phelps’ assistance in the development of their properties for the production of oil, gas and other minerals. This work involves drafting and negotiating mineral leases, rights-of-way, surface leases and other agreements relating to the real estate aspects mineral exploration and land use.
Services
- Gas contract disputes
- Title and royalty actions
- Waterbottom disputes
- Gas balancing actions
- Deferred production claims and actions
- Onshore and offshore Louisiana royalty audits
- Asset purchase agreements
- Unit agreements
- Farmouts
- Joint operating agreements
- Review abstracts of title and issue title opinions on mineral properties
- Legacy lawsuits
- Severance tax litigation
- Oilfield contract and tort litigation