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Randy King is Co-Chair of the Energy Section of Porter Hedges. His practice focuses on a wide range of energy-related projects located onshore, offshore, upstream, midstream and internationally, including:

  • acquisitions, divestitures, construction and financing of pipelines, gathering systems and storage facilities for natural gas, crude oil, condensate, natural gas liquids and LNG
  • acquisitions and divestitures of producing and non-producing oil and gas properties
  • oil and gas joint ventures and exploration and development programs
  • exploration and development project agreements including joint operating agreements, COPAS accounting procedures, exploration and development agreements and joint operating agreements
  • natural gas purchase, sales and marketing agreements and NAESB agreements
  • natural gas processing and treating agreements, oil and gas transportation agreements, natural gas storage agreements, natural gas supply agreements
  • operating and maintenance agreements for mid-stream facilities
  • production handling agreements
  • master service agreements and IADC drilling contracts
  • hedging, derivative, swap and ISDA agreements
  • credit support annexes, cash collateral agreements and letters of credit
  • master setoff and netting agreements
  • reserve-based and mezzanine oil and gas producer and mid-stream financings
  • seismic data licenses and acquisition agreements

Mr. King is listed in Chambers USA among the leading lawyers in the area of Oil & Gas Transactions. He has also been selected for inclusion in Best Lawyers in America in Oil & Gas Law, Texas Super Lawyers in Energy & Resources,  the Houston Business Journal's "Who's Who in Energy" list, and recognized by ALM as a "2013 Top Rated Lawyer in Energy/Environmental."

Prior to becoming a lawyer, Mr. King spent 13 years practicing as an independent petroleum landman. His experience included negotiating oil and gas leases, title examination, structuring oil and gas property acquisitions and exploration transactions. Mr. King has been a Certified Professional Landman since 1984.

Representative Experience

  • Representation of large US-based exploration company in deepwater Gulf of Mexico project to "tie back" oil and gas production from Big Bend and Dantzler projects to Thunder Hawk floating production facility.
  • Representation of large US-based exploration company in deepwater Gulf of Mexico project to "tie back" oil and gas production from Gunflint project to Gulfstar One floating production system.
  • Representation of US-based exploration company in design engineering and construciton of deepwater seafloor florolenes and umbilicals for tie back project.
  • Representation of various US-based exploration company in drilling contracts for deepwater projects in the Gulf of Mexico.
  • Representation of spill response consortium in its organization and in its contract with participants.
  • Representation of large US-based exploration company in major Marcellus shale 15 year development project with another US-based company.
  • Represented Canada-based exploration and production company in joint venture with Norway-based exploration and production company for Major Eagle Ford shale development project.
  • Representation of major natural gas storage company in connection with numerous acquisitions, construction and operation of natural gas storage projects in depleted reservoirs, salt domes and other storage matrices including the purchase of the Katy Gas Storage Facility (Texas), the Freebird Gas Storage Facility (Alabama), and the Caledonia Gas Storage Facility (Mississippi).
  • Represented US exploration company in approximate $300 million acquisition of Permian Basin resource trend acreage from private US seller.
  • Representation of US exploration and production company in joint venture to develop natural gas and condensate midstream projects with large US midstream company in the Haynesville and Eagle Ford shale plays.
  • Representation of Spain-based company in greenfield development of natural gas storage facility in the US.
  • Representation of Canada-based company in greenfield connection of its Eagle Ford oil and gas production with numerous gas, crude and condensate transporters, processors and fractionations.
  • Representation of Japanese banks in investment in project to add liquifaction to existing regasification plant on Texas coast.

Professional / Civic Affiliations

  • Martindale Hubbell AV Rated Attorney
  • Houston Bar Association, Member of the Oil, Gas and Mineral Law Section
  • State Bar of Texas, Member
  • American Bar Association, Member
  • Houston Association of Petroleum Landmen, Member
  • American Association of Petroleum Landmen, Member
  • Certified Professional Landman
  • Association of International Petroleum Negotiators (AIPN), Member

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