As a participant in the highly competitive and fast-moving field of exploration and production, energy companies depend upon speed to market, managing costs and seamless execution in order to compete. Participants up and down the exploration and production value chain are looking for ways to move faster and more effectively to combat growing competition for limited resources and opportunities and to manage the challenges of ever-increasing regulation.
Our Exploration & Production team has deep experience advising clients working conventional and unconventional plays onshore and offshore, in the United States and internationally. We obtain concessions from foreign governments; negotiate leases with domestic counter-parties; assist with choice of entity and creative deal structure; help raise capital in the public and private capital markets in the United States, Canada, the United Kingdom and beyond; and structure and negotiate contracts for seismic services and other de-risking activities, joint operating agreements, farmout transactions and royalty arrangements. Our expertise also extends to onshore and offshore drilling unit procurement and domestic and cross-border merger and acquisition activity. We assist with complex legal, commercial and technical challenges that arise in well-established basins and frontier plays throughout the world.
In the U.S., recent growth of unconventional oil and gas activity enabled by advances in hydraulic fracturing and horizontal drilling technology creates both opportunities and significant new challenges for clients. Our attorneys are active in established and emerging oil- and gas-producing regions and understand how the rapidly evolving landscape affects companies operating in these parts of the country.
We advise on choice of entity structure and cross-border tax strategies to minimize withholdings and other impediments to repatriation of profits for international activities. Our team also supports compliance with anti-corruption and anti-boycott regimes.