Oil & Gas

The oil and gas industry is complex, unpredictable and challenging. Sprouse Shrader Smith has extensive experience in providing customized legal services for the oil, gas, energy and other natural resources industries. Our attorneys know the problems and issues facing the energy industry and, through our knowledge and experience, help our energy clients achieve their goals.

Several of our attorneys have served as in-house counsel, so we have a great understanding of the business aspects of the industry. In addition to significant title work in both Texas and Oklahoma – with several attorneys licensed to practice in both states – we represent clients at all phases of upstream oil and gas operations, working in concert with our Power & Utilities and Water practices in handling the questions surrounding horizontal drilling, secondary recovery, surface use issues, conflicts between the mineral and surface estate, acquiring and developing resource plays, and royalty payment issues. We represent large publicly held companies – including the top four national gas producers in the state of Texas – as well as small independent companies and landowners in the area. Our attorneys are solution-focused and results-oriented, and we pride ourselves on making good things happen for our clients.

Our Oil & Gas lawyers have substantial experience in the following types of industry transactions and operations:

• Asset Acquisitions, Divestitures & Exchanges
• Equity Purchase & Sales, Mergers & Acquisitions
• Title Opinions
• Due-diligence Reviews
• Joint Operating and Farmout Agreements
• Partnerships and Joint Ventures
• Horizontal Well Issues
• Royalty Payment Questions
• Mineral Lease Review and Negotiation
• Gathering, Processing & Transportation Agreements
• Equity Raises (Private Placement Memoranda)
• Routine & Innovative Debt Financings
• Surface Use Agreements, Surface Leases, Easements & Other Surface Use Issues
• Poolings & Unitizations
• Royalty, Net-profit & Carried-interest Agreements
• Product Sale & Swap Marketing Agreements
• Construction and Ownership Agreements
• Project Management Contracts