Oil and gas law is the subset of natural resources law that includes the exploration for, and the production, transportation, and processing of, crude oil, natural gas, and associated hydrocarbons.
Oil and gas law has developed around the three “streams” of business - (i) upstream is the “E&P” business, the actual exploration for, and production of, oil and gas, (ii) midstream is the gathering, processing, storing, transporting, and marketing of produced oil and gas, and (iii) downstream is the refining of crude oil and the selling and ultimate distribution of natural gas and products derived from crude oil.
This body of law draws heavily from contract, property, and corporate law, but also has substantial overlap with environmental, tax, employment, administrative, and even tort law. The set of legal issues that confront, for example, a client wishing to organize a company to acquire and develop a particular offshore or onshore oil and gas prospect, is unique.
Oil and Gas Lawyers at Abi Nader Law Firm, are familiar with the business realities that affect their clients. They are experienced with the operational details and points of negotiation in the contracts and physical operations that are common and unique to oil and gas.