Energy

Oilfield Water Supply and Offtake Infrastructure

Oilfield Water Supply and Offtake Infrastructure

Porter Hedges attorneys regularly handle joint ventures, acquisitions, divestitures, and greenfield development of projects to supply fresh and recycled water and offtake produced water from the oil patch, including transportation and disposal assets. Our practice capabilities include:

  • Private equity investments in fresh and produced water resources and infrastructure systems.
  • Negotiation and drafting of purchase and sale agreements in respect of fresh water and produced water supply storage, delivery, and offtake systems.
  • Negotiation and drafting of joint venture documents between producers and midstream oil, gas, and water service providers in respect of construction, buildout, and operation of water gathering and disposal facilities.
  • Negotiation and drafting of arrangements related to the acquisition of supply of fresh water and the underground disposal of produced water.
  • Negotiation and drafting of easements, agreements related to rights of way, subsurface usage agreements, etc. in connection with water infrastructure facilities.
  • Negotiation and drafting of water infrastructure agreements in an integrated context with the oil and gas upstream and midstream activities; for example, usage of multifunction easements among multiple service providers.
Representative Experience+
 Oilfield Water Supply and Offtake Infrastructure
  • Representation of WaterBridge Resources LLC in the acquisition of existing water source, disposal and transportation assets in Texas from Halcón Resources Corporation.
  • Representation of Noble Energy in connection with development of an integrated oil, gas, and water systems in the Marcellus, Permian and Niobrara.
  • Representation of Carnelian Energy portfolio company in a joint venture with an Energy Spectrum backed-entity for the provision of gas gathering and processing, crude gathering, produced water gathering and fresh water supply services.
  • Representation of Indigo Minerals and its affiliates in a large joint venture with Momentum Midstream for gas gathering and transportation, produced water gathering and fresh water supply and other related midstream matters.
  • Representation of Elevate Midstream Partners, LLC in its formation and initial equity commitment of $100 million from Tailwater Capital LLC. Elevate’s services include natural gas gathering, compression, treating, processing and transportation; crude oil and condensate gathering, stabilization, transportation and storage; and produced water gathering and disposal.
  • Representation of Five Point Capital Partners LLC in the formation of a joint venture, San Mateo Midstream, LLC, with Matador Resources Company. San Mateo midstream will own, operate and expand natural gas, crude oil, and produced water midstream assets in the Delaware Basin.
  • Representation of Five Point Capital Partners LLC in operational agreements entered into by its E&P joint venture partner with midstream companies, including gas gathering agreement, gas processing agreement, crude gathering agreement, water gathering agreement, and a joint development agreement with Plains All American Pipeline Company.
  • Representation of Salt Creek Midstream LLC in commercial agreements related to the build out of gas, crude and water systems, including gas purchase and processing agreements, crude gathering agreements, and water gathering and disposal agreements.
  • Representation of a significant private equity fund in a joint venture with a producer to form a captive midstream company that acquired the producer’s oil, gas and water midstream assets and entered into a series of oil, gas and water transport and service agreement with the producer in respect of the long term development of the areas of operation.
  • Representation of a global water management, construction and drilling company in midstream contracts and agreements that relate specifically to water assets (e.g., water leases, saltwater disposal wells, water pipelines and other infrastructure, etc.).
  • Representation of an EnCap portfolio company in preparing forms of water gathering, disposal and supply services.
Professionals+