Terry Radney

Terry Radney is Co-Chair of the Firm's Energy Practice Group 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:

• Upstream, midstream and downstream oil and gas assets
• Gathering systems
• Pipelines
• Processing plants
• Terminals
• Storage facilities
• Power plants
• Renewable energy assets
• Refineries
• District energy assets
• Office buildings
• Apartment complexes
• Retail centers

Terry routinely negotiates:

• Purchase and sale agreements
• Leases
• Exploration agreements
• Development agreements
• Operating agreements
• Construction contracts
• Terminal Service Agreements
• Farm-outs
• Crude oil, NGL and other commodity purchase agreements
• Processing agreements
• Exchange agreements
• Fractionation agreements
• Transportation agreements
• Storage agreements
• Gathering agreements
• 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
• Various other types of project development agreements

Terry's representative experience includes:

Upstream

• Range Resources Corporation in the sale of its Terryville Field assets in North Louisiana to Castleton Resources LLC for $245 million plus potential deferred compensation of up to $90 million
• Spur Energy Partners LLC in an acquisition from Percussion Petroleum LLC of its Permian Northwest Shelf assets as well as associated water and midstream assets
• Carrizo Oil & Gas, Inc., in its $245 million sale of certain assets in the Eagle Ford Shale to EP Energy Corporation
• WildHorse Resource Development Corporation in the acquisition of approximately 111,000 net acres and associated production from Anadarko Petroleum Corporation and affiliates of Kohlberg Kravis Roberts & Co L.P. for aggregate consideration of $625 million
• El Paso Energy in $7.15 billion leveraged buyout to a private equity consortium led by Apollo Group
• SandRidge Energy in $2.6 billion sale of oil and gas properties in the Permian Basin, Texas, to Sheridan Production Company
• Memorial Production Partners LP in $915 million acquisition of producing oil properties in Wyoming
• 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
• Energen Resources Corporation in $395 million sale of oil and gas properties in the San Juan Basin, New Mexico
• Private equity-backed E&P company in $40 million acquisition of oil and gas properties in East Texas
• Public MLP in $173 million acquisition of oil and gas properties in Eagleford Shale, Texas
• Helix Energy Solutions Group in $620 million sale of offshore Gulf of Mexico oil and gas properties to Talos Energy LLC
• Public oil and gas company in negotiations for the acquisition of oil and gas properties for $1.8 billion
• Private oil and gas company in $640 million sale of oil and gas properties in Bakken Shale, North Dakota
• Wholly-owned subsidiary of public energy company in $263 million acquisition of producing oil and gas properties located in San Juan Basin, New Mexico
• Energen Resources Corporation in $160 million sale of producing coalbed methane properties in Black Warrior Basin, Alabama
• Energen Resources Corporation in numerous acquisitions of producing oil and gas properties located in Permian Basin, Texas, for over $1.2 billion
• Private oil and gas company in $150 million sale of oil and gas properties in Haynesville Shale, Texas
• Private equity-backed E&P company in $215 million acquisition of producing oil and gas properties in Arkansas, Louisiana and Texas
• Private equity-backed E&P company in $285 million sale of producing oil and gas properties in Permian Basin, Texas
• Private oil and gas company in the formation of a joint venture with an international energy company pursuant to a Drilling and Development Agreement covering approximately 50,000 acres in the Bakken Shale, North Dakota
• Public energy company in connection with the acquisition of capital from a private equity company pursuant to a Participation Agreement to fund the public energy company's drilling program in the Permian Basin
• 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
• Various partnerships owned by major public investment company in sale of federal off-shore producing oil and gas properties

Midstream

• An affiliate of Enterprise Products Partners L.P. in the acquisition of Navitas Midstream Partners, LLC, from an affiliate of Warburg Pincus for $3.25 billion
• Enterprise Products in $2.15 billion acquisition of crude oil, condensate and natural gas gathering and processing assets (and related commercial agreements) in the Eagle Ford Shale, Texas, from Pioneer Natural Resources and Reliance Eagleford Upstream Holding LP
• 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
• Southwestern Energy Company in $500 million sale of natural gas gathering assets in the Marcellus Shale, Pennsylvania, to Howard Energy Partners
• Public energy company in the acquisition and development of gathering and processing assets with capacity in excess of 4 Bcf per day serving major fields in the Rocky Mountains, including negotiation of gathering and/or processing agreements with Exxon, Chevron, BP, Shell, EnCana, Oxy, Marathon, Plains, Ultra, Williams, Whiting, Bill Barrett, Delta, MMS, Orion, Savage, Dominion, Arrowhead, DCP Midstream, Questar and others
• NiSource in a joint venture with Hilcorp Energy to develop gathering and processing assets in the Marcellus and Utica Shale plays
• Public energy company in the acquisition and development of gathering, processing and transportation assets with capacity in excess of 2 Bcf per day of gas and 300,000 per day of crude oil serving the Eagle Ford Shale, including negotiation of gathering, processing and/or transportation agreements with EOG, Chesapeake, Pioneer, Anadarko, El Paso, PetroHawk, GeoSouthern, Plains, Talisman, Statoil and others
• 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
• Public energy company in the acquisition and development of gathering and processing assets in the Haynesville Shale, including negotiation of numerous gathering and processing agreements
• Public energy company in $91 million acquisition of natural gas liquids pipelines located in Texas
• 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
• Public energy company in $125 million acquisition of natural gas gathering pipeline system
• Public energy company in $100 million acquisition of natural gas gathering pipeline system
• Public oil and gas company in $200 million sale of gas gathering system in Permian Basin, Texas
• Public energy company in formation of joint venture with private energy company for natural gas liquid underground storage facilities and related transportation
• 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
• Public energy company in the formation of the White River Hub

Project Development

• Foreign public investment company in $160 million acquisition of district energy assets in two major U.S. cities
• Public energy company in numerous propylene purchase, sales, processing and exchange agreements
• Public energy company in all facets of the development of a 588 megawatt cogeneration plant
• Public energy company in the acquisition of a 263 megawatt cogeneration plant located in Texas
• Public energy company in the negotiation of an engineering, procurement and construction contract for an electric power plant in Brazil
• Private energy companies in the negotiation of engineering, procurement and construction contracts for ethanol and biodiesel projects in Texas
• Various private real estate companies in the development, leasing, financing and disposition of numerous commercial, retail and industrial real estate developments