Enagás Exits Tallgrass in $1.1B Deal with Blackstone
The deal follows Blackstone's purchase last month of Phillips 66's interest in REX, and further consolidates Blackstone control of more than 7,000 miles of midwest oil and gas pipeline.
Devon Energy Acquires EnCap Bakken Assets for $5B
Kirkland & Ellis and Vinson & Elkins advised on the upstream/midstream deal which includes more than 300,000 acres and a 950-mile gathering system. It marks the third major upstream transaction by Houston-based EnCap Investments in the past month.
V&E Grabs Laterals from Kirkland, Simpson
The firm announced that East Berhane is becoming a new finance partner in Dallas and Benjamin Heriaud a capital markets partner in New York.
Peter Berg Moves to White & Case
Berg, a former partner at King & Spalding in Houston, advises owners and developers in the construction of large-scale energy construction projects, whether on-shore, off-shore or renewable.
Phillips 66 Sells Stake in Rockies Express Pipeline for $1.275B
Bracewell and Vinson & Elkins advised Phillips 66 and Tallgrass, respectively, on the deal which advances the P66's determination to divest itself of $3 billion in non-core assets. On the buyer side, Tallgrass now holds total equity ownership in one of the largest natural gas pipelines in the U.S.
Matador Inks $1.9B Bolt-On Deal with EnCap for Delaware Basin Assets
The two sides were counseled by Baker Botts and Vinson & Elkins, much as they were in a similar transaction in 2023. The bolt-on transaction includes an interest in Piñon Midstream, a pipeline and gas treatment operation that expands Matador's operational footprint in New Mexico and West Texas.
J. Holt Foster III Joins Willkie as Head of New Dallas Office
Foster, whose practice includes nearly three decades of experience in the energy and infrastructure spaces, vaults to Willkie after more than three years at Sidley Austin.
Kristina McQuaid of Phillips 66: A Reluctant Lawyer in a Purposeful Career
In her role as senior counsel at Phillips 66, Kristina McQuaid is asked to do more than M&A. Much more.
"At first, I did not want to be a lawyer. I really enjoyed math and wanted to be a stockbroker," she says.
Now she finds herself nominated as a 2024 finalist for Senior Counsel of the Year for a Large Legal Department by the Association of Corporate Counsel's Houston Chapter and The Texas Lawbook.
Q&A: Kristina McQuaid
In her role as senior counsel at Phillips 66, Kristina McQuaid is asked to do more than M&A. Much more. The Lawbook had the chance to ask a few questions about her work and her expectations of outside counsel. We jumped on it.
Phillips 66: Taking Two Deals to Take a Midstream Private
When Jenarae Garland arrived as a new managing counsel at Phillips 66, she could be excused for not being fully prepared for the part she would come to play in the $3.8 billion take-private purchase of DCP Midstream LP. She was the junior member of a three-attorney team leading the deal, ranking behind Deputy General Counsel Rob Task and Managing Counsel Maine Goodfellow. Along with their outside counsel Bracewell, the deal has also resulted in their nomination as finalists for 2024 M&A Transaction of the Year by the Association of Corporate Counsel's Houston Chapter and The Texas Lawbook.