Byron C. Romain
Byron focuses on the acquisition, disposition and development of oil and gas assets and projects in the upstream and midstream sectors, where he has represented major and independent oil and gas companies, sovereigns, quasi-governmental agencies, and private equity sponsors and portfolio companies. He regularly advises clients on asset and equity deals, carried or promoted interests (including "drillcos"), joint venture/development arrangements, equity investments and financing/lending arrangements. He has extensive experience in North American resource plays and in conventional oil and gas projects, both domestically and internationally, including in the former Soviet Union, the Middle East and Southeast Asia.
Prior to joining White & Case, Byron was Head of the North American Oil and Gas A&D practice at another Houston-based law firm. He previously served as the main transactional attorney at Marathon Oil, where he led the company’s acquisitions and dispositions, and at various times was the company’s main commercial attorney for its Permian, Midcontinent, Colorado, Canadian and Gulf of Mexico assets, joint ventures and developments.
A native Houstonian, Byron has also been a resident in Moscow (the Russian Federation), Dubai, Abu Dhabi (the United Arab Emirates) and Singapore.
Representation of a large oil company in its operational re-entry into the Permian Basin via a series of acquisitions in excess of US$1.85 billion, and related midstream arrangements* Representation of Stonehold Energy in its acquisition and development of certain non-operated oil-focused assets in the Eagle Ford, and related acquisition financing and refinancing* Representation of ARM Energy Holdings, LLC, in its formation and development of a gathering, processing and transportation midstream joint venture in the Delaware basin* Representation of an independent investment group in its proposed US$1 billion acquisition of certain producing and exploratory non-operated oil and gas properties in the Williston Basin, and related financing* Representation of an equity sponsor in the disposition of its membership interest in a Marcellus-focused gathering and transmission pipeline system joint venture* Representation of an independent investment group in its proposed purchase and financing of a diverse basket of operated conventional and unconventional oil and gas properties in the Permian Basin, including related financing and operating arrangements* Representation of a large oil company in its US$888 million acquisition of PayRock Energy Holdings, LLC, inclusive of 61,000 net mineral acres and production of 9,000 net boed* Representation of a large oil company in its disposition of its legacy upstream and midstream position in Wyoming, comprised primarily of waterflood developments in the Big Horn and Wind River basins and the Red Butte Pipeline, valued at US$870 million.* *Matters prior to joining White & Case