Oilfield Services

Members of the Haynes and Boone Oilfield Services Practice Group understand the needs of oilfield service companies, recognize industry practice risk allocation and represent industry leaders ranging from large multi-national conglomerates to more specialized companies serving a national or local market. As a full-service firm, we offer our experience to oilfield services clients in a wide range of practice areas, including mergers and acquisitions, contract negotiation, international, finance and restructuring, corporate, real estate, tax, environmental, intellectual property, labor and employment, litigation, and compliance.

Haynes and Boone built the Oilfield Services Group to help clients maximize their potential and achieve their goals using a framework of experience offered in an efficient and cost-conscious manner. Several of our lawyers have served as in-house counsel at service companies and retain their “inside the industry” perspective. Whether a multi-million dollar deal or a smaller, yet significant, matter, our clients depend on our depth, experience, and “can do” attitude. Our firm culture allows us to focus on our client’s perspective and match our resources to our clients’ needs.

Our Oilfield Services Group experience includes:

  • Representation of creditors, and of debtors, in bankruptcy.
  • Sale of specialty oilfield parts manufacturer.
  • Drafting and negotiating joint development agreements involving oilfield technology and related products or tools.
  • Due diligence, negotiation and acquisition of intellectual property portfolios involving oilfield technology including patents, trademarks, copyrights and trade secrets.
  • Represent offshore tooling and maintenance company in leveraged buyout and sale to private equity fund.
  • Representation of technology company developing specialized products and services.
  • Financing representation for offshore rigs.
  • Acquisition of offshore rigs representation.
  • Representation of service company joint ventures/risk services arrangements.
  • Negotiating and drafting master service agreements.
  • Representation of service companies in Latin America, Africa and the former Soviet Union.
  • Mergers and acquisitions of international oilfield service and product companies.
  • Representation of drilling companies.
  • Representation of down-hole service companies.
  • Negotiation of EPC contracts.
  • Representing owner of equipment manufactured in the U.S. remanufactured to Russian standards, shipped into Russia, and installed in Russian gas fields.
  • Representing U.S. oilfield service company investing in Russian oilfield service companies.
  • Representing Fortune 500 oilfield services company in its acquisition of an equipment and rental services company.
  • Representing leading geophysical service company in its purchase of an onshore seismic and multi-client library business.
  • Providing ongoing advice on various energy service and exploration and production services projects.
  • Providing ongoing general corporate and tax advice.
  • Sale of a software company to a multinational energy services company.
  • Representing major public international oil company in divestment of its equity interest in publicly traded midstream energy services company.
  • Representing the audit committee of an international oilfield services and equipment company to investigate alleged violations of export control laws and foreign corrupt practices.
  • Representing corporate executive in criminal antitrust investigation.
  • Representing publicly traded, multinational energy technology company in its acquisition of a privately held domestic energy services company.
  • Representing energy-focused private equity fund in its preferred security investment as part of a recapitalization of an energy services company.
  • Structuring and documentation involving seismic data on a license and on a proprietary basis.
  • Negotiations for chartering of support vessels overseas.
  • Arrests and foreclosures of offshore drilling rigs.
  • Formations of privately held limited liability company joint venture for oilfield services business relating to subsea well abandonment and plugging services with respect to subsea oil and gas wells in offshore waters of the United States and other national and international waters.
  • Representing manufacturing company and its affiliates in the sale of the assets of a group of privately held limited partnerships operating oilfield services businesses.
  • Advising clients regarding updating codes of conduct and other compliance issues.
  • Represent offshore tooling and maintenance companies in leveraged buyout and sale to private equity fund.

Our Oilfield Services Group includes the necessary experience to advise our clients in all aspects of the federal administrative and regulatory matters for federal lands and offshore waters including:

  • Appeals of regulatory actions, both for operational matters and permit applications and findings of regulatory violations.
  • Defense and handling of BSEE/BOEM investigations and citations (notices of incidents of non-compliance, or “INCs”) for accidents and other alleged violations of OCS regulations and subsequent appeals.
  • Response and investigations of accidents.
  • Federal unitization agreements and unit operating agreements.
  • Regulatory analysis and evaluation, including monitoring of current regulatory rule makings and filing of public comments.

With their recognized experience in their field, many attorneys in the Oilfield Services Group publish articles and speak about cutting-edge issues in the industry. This commitment to serving the legal and business communities keeps us on the leading edge of important legal and business issues that affect our clients. We also stay on top of the game by participating in bar and industry organizations, including:

  • Department of Energy - National Energy Laboratories EIR Merit Review Committee 
  • Co-Founder and Past Chair, Houston Bar Association’s Mergers and Acquisitions Section 
  • American Bar Association’s Business Law Section; Negotiated Acquisitions Committee and Venture Capital & Private Equity Committee 
  • Association for International Petroleum Negotiators 
  • Energy Law Sections of the Dallas Bar Association and the State Bar of Texas

Oilfield Services Seminars

We also host periodic seminars for our clients and contacts engaged in the Oilfield Services sector, and some of our recent topics have included:

Primary Contacts