Pat Beaton practices in the areas of oil, gas and energy, with an emphasis on upstream and midstream transactions. He has extensive experience in business and commercial transactions on behalf of privately held and publicly traded energy companies. Pat has represented:
- Oil and gas exploration and production companies in the acquisition and divestiture of producing properties or equity interests
- Midstream companies in the negotiation of various contracts
Pat Beaton practices in the areas of oil, gas and energy, with an emphasis on upstream and midstream transactions. He has extensive experience in business and commercial transactions on behalf of privately held and publicly traded energy companies. Pat has represented:
- Oil and gas exploration and production companies in the acquisition and divestiture of producing properties or equity interests
- Midstream companies in the negotiation of various contracts
- Companies in various oil and gas litigation matters and the resolution of oil and gas disputes
- Various parties in complex transactions involving the monetization of interests in producing properties and reserves, including the review of associated exchange, balancing and transportation agreements
Pat’s representative transactions include:
- WildFire Energy in the acquisition of Eagle Ford assets from MD America Energy, LLC
- Enterprise Products Partners L.P. in the acquisition of Navitas Midstream Partners, LLC, from an affiliate of Warburg Pincus for $3.25 billion
- Tall Oak Midstream and TW Midcon Holdings, LLC, in the acquisition of Redcliff Midstream, LLC, from Canyon Midstream Partners II, LLC
- WhiteWater Midstream on NGL purchase and transportation agreements and related regulation of NGLs in conjunction with the formation of a joint venture and acquisition of interest in the EPIC pipeline
- Silver Creek Midstream Holdings, LLC, in the acquisition of Red Butte Pipe Line LLC
- Matador Resources Company in long-term natural gas, crude oil and produced water midstream contracts with San Mateo Midstream LLC
- Conflicts Committee of Cone Midstream Partners LP in dropdown from its sponsors of an additional interest in Anchor Systems
- Align Midstream Partners in the acquisition of a natural gas processing facility, gathering and trunk line assets from Azure Midstream Partners LP
- Columbia Pipeline Group in Three Rivers Midstream LLC’s acquisition of a 5 percent stake of Pennant Midstream, LLC
- Privately held independent exploration and production company in a series of acquisitions of working interests through entry into participation agreements
- Independent midstream company in acquisition of storage assets
- Privately held independent exploration and production company in a series of divestitures of upstream producing assets and leasehold acreage in North Dakota
- Private equity firm in series of divestitures of producing properties by fund portfolio company
- Private equity firm in purchase of net profits interest in producing properties from private exploration and production company
- Publicly traded company in a series of divestitures of offshore oil and gas properties
- Startup oil and gas company in negotiating participation agreements for properties in Texas and California
- Large independent exploration and production company in drafting and negotiating sale agreement for site of a gas processing plant
- Financing party with respect to credit agreement and associated mortgages and title issues concerning collateralized oil and gas properties
- Financial institutions and individuals as trustees and executors in the disposition, distribution and settlement of oil and gas interests in estates
- Oil and gas companies and other entities in the negotiation and drafting of contracts for goods and services, including negotiation of software licenses from both licensor and licensee perspective
- Reviewed, drafted and negotiated oil and gas leases, seismic agreements, joint operating agreements, contract operating agreements, exploration agreements, participation agreements, surface and subsurface easements, drilling contracts, master service agreements, pooling and unitization agreements, gas, crude oil and condensate purchase agreements, gathering agreements, exchange agreements, transportation and processing agreements, and other oil and gas-related contracts for numerous upstream and midstream clients