Vault Law Resource Center
Energy, Oil, & Gas
Overview
Energy attorneys advise companies through transactions involving the development, acquisition, and disposal of oil, gas, and other energy assets. In addition to normal corporate issues, energy attorneys deal with varied bodies of law, including mineral and property rights, eminent domain, environmental regulation, and sometimes even maritime law (offshore drilling or wind farms). Oil and gas production and pipelines are highly regulated industries, so energy attorneys must keep up on regulations and keep their eyes on complicated rules for every transaction. Increasingly, energy assets have become commoditized, so some lawyers in this area focus on the complicated financial transactions surrounding energy assets, including derivatives, hedges, and swaps. This practice area is heavily focused in Texas, while the more regulatory and financial-oriented areas are in Washington, DC, and New York. Energy companies have large in-house practices, and attorneys in this field can have many in-house opportunities.