Energy

Energy Law

This practice divides between old energy (oil, gas, electricity) and new energy (deregulated gas and power as a commodity). Old energy practice deals with exploration, production, property and mineral rights, maritime (offshore drilling), environmental, eminent domain, even probate. Day-to-day involves coordinating logistics, drafting documents, conducting diligence and dealing with geologists. Also includes pipeline work, which is a highly regulated area. New energy practice breaks down into project development, buying and selling energy commodities and monetization of the energy commodity (derivatives, swaps, hedging, etc.). Parts of the practice are heavily regulated (FERC) and contain a finance aspect. FERC litigation is very specialized and located primarily in Washington, D.C. Unique overlay in this practice are the complications of power transmission and how you buy/sell it. Electricity, for example, is not a tangible asset like pork bellies. CFTC regulates the trading of energy commodities.

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