Terry Radney is Co-Chair of the Firm’s Energy practice and works in the areas of oil, gas and energy, infrastructure project development and real estate law. Terry’s experience includes mergers, acquisitions, divestitures, development and commercial agreements for all types of energy and real estate assets, including oil and gas properties, pipelines, processing plants, storage facilities, power plants, wind farms, biodiesel, ethanol and other types of alternative energy plants, refineries, district energy assets, office buildings, apartment complexes and retail centers.
He routinely negotiates purchase and sale agreements, leases, exploration agreements, development agreements, operating agreements, construction contracts, service agreements, drilling contracts, farm-outs, commodity purchase agreements, processing agreements, exchange agreements, fractionation agreements, transportation agreements, storage agreements, gathering agreements, and numerous other types of energy and real estate related agreements.
Terry is also actively involved in the development of domestic and international infrastructure projects, including the drafting and negotiation of project documents such as power purchase agreements, off-take agreements, engineering, procurement and construction (EPC) contracts, turbine purchase agreements, operation and maintenance agreements, long-term service agreements, financing agreements and various other types of project development agreements.
In particular, Terry has extensive experience drafting and negotiating EPC contracts over the last twenty years, having negotiated such agreements for both domestic and international projects, including electric power, ethanol and biodiesel plants.
Representative Experience :
- Represented SandRidge Energy in $2.6 billion sale of oil and gas properties in the Permian Basin, Texas, to Sheridan Production Company
- Represented Rio Oil and Gas, LLC and Bluestem Energy Partners, LP, each a portfolio company of Quantum Energy Partners, and certain other sellers in $538 million sale of oil and gas properties in the Permian Basin, Texas, to Diamondback Energy
- Represented Helix Energy Solutions Group in $620 million sale of offshore Gulf of Mexico oil and gas properties to Talos Energy LLC
- Represented private oil and gas company in $640 million sale of oil and gas properties in Bakken Shale, North Dakota
- Represented wholly-owned subsidiary of public energy company in $263 million acquisition of producing oil and gas properties located in San Juan Basin, New Mexico
- Represented Energen Resources Corporation in numerous acquisitions of producing oil and gas properties located in Permian Basin, Texas, for over $1.2 billion
- Represented private equity backed E&P company in $215 million acquisition of producing oil and gas properties in Arkansas, Louisiana and Texas
- Represented wholly-owned subsidiary of public energy company in $25.8 million acquisition of producing oil and gas properties located in San Juan Basin, New Mexico
- Represented public oil and gas company in sale of wholly-owned Indian subsidiary holding oil and gas concession covering properties located off-shore India
- Represented Duke Energy in connection with the formation of a joint venture with Dominion Resources, Piedmont Natural Gas and AGL Resources to develop the Atlantic Coast Pipeline, a $5 billion natural gas pipeline project to transport natural gas from the Marcellus Shale and Utica Shale areas to Virginia and North Carolina
- Represented Southwestern Energy Company in $500 million sale of natural gas gathering assets in the Marcellus Shale, Pennsylvania, to Howard Energy Partners
- Represented NiSource in a joint venture with Hilcorp Energy to develop gathering and processing assets in the Marcellus and Utica Shale plays
- Represented public energy company in the acquisition and development of gathering and processing assets in the Marcellus and Utica Shale, including negotiation of numerous gathering and processing agreements
- Represented public energy company in spinning off its gathering assets into a proposed joint venture with a public midstream company to further develop such assets and support its production in a major West Texas gas field
- Represented public energy company in the complex restructuring of commercial agreements in connection with a gas processing, fractionation and storage facility located in Louisiana which handles gas produced in the Gulf of Mexico including, processing agreements, interconnection agreements, transportation agreements, storage agreements, marketing agreements, purchase agreements and exchange agreements
- Represented foreign public investment company in $160 million acquisition of district energy assets in two major United States cities
- Represented public energy company in all facets of the development of a 588 megawatt cogeneration plant
- Represented public energy company in the negotiation of an engineering, procurement and construction contract for an electric power plant in Brazil
- Represented various private real estate companies in the development, leasing, financing and disposition of numerous commercial, retail and industrial real estate developments
Professional History :
- Partner, Locke Lord LLP
- Fulbright & Jaworski, LLP (1989 – 2000)
Professional Affiliations :
- Member, Advisory Board, Texas A&M University Petroleum Ventures Program
- Member, Houston Bar Association (Real Estate and Oil, Gas and Mineral Law Sections)
- Past Chair, Oil, Gas and Mineral Law Section of Houston Bar Association
- Past Chair, Real Estate Section of Houston Bar Association
- Member, State Bar of Texas
Education :
- J.D., Baylor University School of Law, 1989
- B.S., Finance, magna cum laude, Texas A&M University, 1981
Admissions : Texas, 1989
Cost
Rate : $$$
