- Energy and Natural Resources Law
- Energy Litigation
- Business Litigation
- Appellate Practice
|Contact Info||Telephone: (713) 651-2957|
Fax: (713) 651-2956
|University ||University of Southwestern Louisiana, B.S., summa cum laude, 1983|
|Law School||Tulane University, J.D., summa cum laude, 1986 Order of the Coif, Tulane Law Review, Editor-in-Chief, 1985-1986, Civil Law Award|
|Admitted||1986, Louisiana; 2004, Texas|
Honors & Affiliations
•Board Certified in Oil, Gas, and Mineral Law by the Texas Board of Legal Specialization
•College of the State Bar of Texas
•Advisory Commission, Texas Board of Legal Specialization
•Houston Bar Association - Past Chair, Section of Oil, Gas & Mineral Law
•South Texas College of Law Energy Institute - Past Chair; Member, Planning Committee
•Institute for Energy Law - Center for American and International Law, Advisory Committee
•Rocky Mountain Mineral Law Foundation, Member and Institute Speaker
•Houston, State of Texas, State of Louisiana, American, and Federal Bar Associations - Member
•Law Clerk to the Honorable John Minor Wisdom, Circuit Judge, United States Court of Appeals for the Fifth Circuit, 1986-1987
|Born||Lafayette, Louisiana, 1961|
A founding member of the firm's Houston office, Mr. Theriot has served as the managing partner of that office and as a member of the firm's Board of Directors.
Mr. Theriot has helped clients navigate tough legal issues in the energy field for over 25 years in a variety of transactional and litigation matters. He has deep experience in the E&P, midstream, downstream, transportation, marketing, lease and land, royalty, operational, and acquisition and divestiture areas. He has handled matters before state and federal trial and appellate courts in Texas and Louisiana and helped negotiate multi-million dollar contracts involving oil and gas development, joint operations, marketing, midstream systems, acquisitions, and other related transactions. Much of his current work is focused on the challenges facing producers in unconventional shale plays.
Mr. Theriot is Board Certified in Oil, Gas, and Mineral Law by the Texas Board of Legal Specialization.
Some of his recent work includes:
Arbitration of farmout and JOA carried interest dispute for major independent producer in the Eagle Ford area; Lead defense counsel in multiple royalty and title suits by lessors in the Eagle Ford area.; Preparation of gathering and processing agreements for oil, gas, condensate and NGLs in major shale plays.; Successfully argued as lead appellate counsel before the Louisiana Supreme Court to reverse judgment below and to reinstate a mineral lease and extension against claims of mistake and error. Peironnet v. Matador Resources Co., 2012-C-2292 (La. 2013).; Successfully argued as lead counsel before U.S. Fifth Circuit to reverse trial judgment on claims involving breach of joint operating agreement and well costs.EOG Resources, Inc. v. Chesapeake Energy Corp., 605 F.3d 260 (5th Cir. 2010), on remand, 2013 U.S. Dist. LEXIS 47027 (W.D. La. 3/28/2013).; Drafted and negotiated conveyance, construction, operation, and transportation contracts for major joint venture to build crude and gas midstream systems in Eagle Ford Shale area.; Drafted and negotiated joint venture for midstream system in Marcellus Shale, with accompanying transportation and operating agreements.; Successfully argued as lead counsel before Louisiana Second Circuit to reverse trial judgment that denied operator the right to deduct post-production expenses from lease royalty. Culpepper v. EOG Resources, Inc., 92 So.3d 1141 (La. App. 2d Cir. 2012).; Lease portfolio review and preparation of opinions on royalty valuation and deduction directives for unconventional shale prospects.; Serving as arbitrator in well interest dispute between working interest owners.; Advice on federal rail transportation regulations for shipment of crude oil.; Arbitration of breach of contract of seismic service agreement for Congolese concession.; Acquisition of long-term pipeline easements, including expropriation actions, for major oil, gas, and chemical company.; Defense of offshore operator from multiple litigation claims arising from purchased properties, including indemnity, contract, and environmental claims.; Drafted project documents for CO2 secondary recovery and injection joint venture.; Lead counsel in jury trial in Harris County, Texas, involving claims for fraud, breach of fiduciary duty, and contract interpretation in oil and gas partnership dispute.; Successfully defended claim for fraud in connection with the sale of oil and gas working interests obtaining a zero verdict after trial in Harris County district court.; Defended and negotiated settlement for a major oil and gas company to resolve multiple class actions asserting royalty underpayment on crude and natural gas.; Defended several major and independent producers against crude oil royalty claims.; Prepared and negotiated long-term contracts for pipeline and transportation agreements for an independent producer in LaSalle and McMullen Counties.; Due diligence, title review, and financing work for credit facilities in Texas oil and gas assets.
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