Our representation of oil and gas producers, mid-stream entities, and natural gas pipelines has been a mainstay of Modrall Sperling's natural resources practice since the early days of the firm. Over the years, some of the firm's largest and most complex litigation matters have arisen from disputes involving oil and gas leases and contracts relating to the development, production and transportation of oil, natural gas and carbon dioxide. The firm's clients include major and independent oil and gas companies.
Transaction and Regulatory Practice
We represent our oil and gas clients in all aspects of business transactions, from title opinions, acquisitions, regulatory due diligence and tax advice for properties located on fee, state, federal and Indian lands. Our transactional experience includes review and drafting of agreements relating to the acquisition, exploration, financing, development, operation and transfer of oil and gas properties, including leases, joint operating agreements, unitization agreements, Indian mineral development agreements, liens, and gas sales, gathering and transportation contracts.
Our oil and gas lawyers represent clients before state and federal administrative agencies charged with responsibility for the development and taxation of the state's oil and gas resources, as well as the gathering and distribution of those resources, including the New Mexico Oil Conservation Division and Commission (OCD and OCC), Public Regulation Commission (PRC), Commissioner of Public Lands, New Mexico Taxation and Revenue Department (TRD), Bureau of Land Management (BLM), Minerals Management Service (now the BOEMRE), Bureau of Indian Affairs (BIA), Federal Energy Regulatory Commission (FERC), and Interior Board of Land Appeals (IBLA).
We have represented producers in a variety of complex litigation matters including royalty class actions, multi-party environmental contamination and toxic tort cases, gas sales contract disputes and oilfield personal injury and wrongful death suits. We also have substantial experience representing oil and gas producers and other mineral interest owners in a range of ownership disputes arising from claims of lease expiration, options to repurchase oil and gas leases, preferential purchase rights under joint operating agreements and mineral development agreements, and title disputes concerning conflicting claims to mineral interests.
Our oil and gas lawyers are active in several industry and professional groups and have presented papers at many seminars and institutes. Our lawyers have served as President and Trustees of the Rocky Mountain Mineral Law Foundation, are members of the Advisory Board for the Institute for Energy Law and are actively involved in New Mexico Oil and Gas Association committees and working groups, including a committee addressing the "pit rule" adopted during a previous administration.