Robert Dougherty

Partner

Practices

Industry

Energy & Natural Resources

Robert Dougherty

+1.214.969.1398

Overview

Robert Dougherty is a business attorney in Holland & Knight's Dallas office, where he focuses his practice on acquisitions, divestitures and joint ventures relating to energy assets. Mr. Dougherty is the leader of the firm's Oil and Gas Practice.

Mr. Dougherty's energy experience includes advising clients on acquisitions and divestitures of upstream and midstream oil and gas assets and companies (domestic, foreign and offshore), drilling partnerships, mineral and royalty-buying partnerships, farmout agreements, participation agreements and other joint venture agreements. In addition to the foregoing, Mr. Dougherty has significant experience advising on and preparing agreements related to all facets of the energy industry.

Representative Experience

Represented Murchison Oil & Gas LLC, a privately held independent oil and gas company engaged in the acquisition, development and production of oil and gas resources in the United States, in its sale of Midland Basin assets to Langford Energy Partners, a privately held oil and gas operating company
Represented a family office-backed company in the disposition of non-operated working interests in Texas and New Mexico for $154 million
Represented the seller in a disposition of a portion of its working interests in the Utica Shale formation for $115.5 million; the transaction also included a development agreement component where the parties contribute capital for future joint drilling and development
Represented Peak 10 Hermleigh LP in its acquisition of non-operated upstream oil and gas assets in Scurry and Fisher Counties in the Permian Basin
Represented a mineral and royalty private equity fund in an acquisition of nearly 2,300 net royalty acres in Lea and Eddy Counties, New Mexico, for more than $142 million
Represented an exploration and production (E&P) company in an acquisition of more than 5,200 net mineral acres and more than 40 wells (including salt water disposal (SWD) assets and related infrastructure) in the Permian Basin for $88 million
Represented a consortium of family partnerships in a divestiture of legacy mineral and royalty interests, consisting of assets in more than 300 counties across 24 states and the Gulf of Mexico, for $125 million
Represented Alpha Energy Partners LLC in a sale of non-operated working interests in the Permian Basin to Northern Oil and Gas Inc. for $157.5 million
Represented private equity fund in connection with various authorization for expenditure (AFE)/wellbore deals where the client committed more than $150 million in drilling and completion capital across nearly 100 wells in the Permian Basin
Represented a mineral and royalty private equity fund in an acquisition of more than 5,600 net royalty acres in the Permian Basin for $140 million
Represented Oil India (USA) Inc., a wholly owned subsidiary of Oil India Limited, in the sale of non-operated working interests to Verdad Resources for $25 million
Represented a Dallas-based mineral and royalty company in the acquisition of fee minerals, overriding royalties and non-participating royalties in the Midland Basin for $11.2 million
Represented Ajax Resources LLC in the sale of its northern Midland Basin assets to Diamondback Energy Inc. for $1.25 billion, consisting of $900 million in cash and 2.58 million shares of Diamondback common stock
Represented Murchison Oil and Gas LLC in its acquisition of certain assets from a subsidiary of ROXO Energy in Howard and Borden counties, Texas
Represented Tailwater Capital-backed Pivotal Petroleum Partners on its sale of producing wells in North Dakota to publicly traded Northern Oil and Gas Inc. for $151.83 million
Represented Yates Petroleum Corporation in its $2.4 billion merger with EOG Resources Inc.
Represented BC Operating Inc. and other entities in the sale of approximately 70,000 net acres in the Permian Basin to Marathon Oil Corporation for $1.1 billion in cash
Represented Ajax Resources LLC in its $376.1 million acquisition of Permian Basin assets from W&T Offshore Inc.; W&T also reserved a 1 to 4 percent sliding scale overriding royalty interest
Represented the subsidiary of a Korean conglomerate in its $360 million purchase of producing and non-producing assets in Oklahoma and Texas from two separate sellers
Represented Silver Hill Energy Partners II LLC in its $290 million acquisition of Permian assets in Texas and New Mexico from COG Operating LLC, a subsidiary of Concho Resources Inc.
Represented Titanium Exploration Partners LLC in its acquisition from Vanguard Natural Resources LLC of natural gas, oil and natural gas liquids assets in the South Central Oklahoma Oil Province (SCOOP) and Sooner Trend, Anadarko, and Canadian and Kingfisher counties (STACK) area in Oklahoma for $272.5 million
Represented EnerVest Ltd. in the $268 million sale of certain producing and undeveloped oil and gas properties and related midstream assets in the Western Anadarko Basin to FourPoint Energy LLC; FourPoint Energy and EnerVest also entered into a joint development agreement and area of mutual interest agreement to own, operate and develop oil and gas properties in the Western Anadarko Basin
Represented PetroLegacy Energy II LLC in its $266 million acquisition of roughly 20,000 net acres in northeastern Martin County, Texas, from Pioneer Natural Resources
Represented Chaparral Energy LLC, an affiliate of Chaparral Energy Inc., in the $170 million sale of its North Burbank and Texas Panhandle enhanced oil recovery (EOR) assets to Perdure Petroleum
Represented Oil India Limited and Indian Oil Corporation Ltd. in the combined $123 million purchase of a 30 percent working interest in the Niobrara assets of Carrizo Oil & Gas Inc.
Represented Chaparral Energy LLC in its $60 million acquisition of acreage in Kingfisher County, Oklahoma, from a private seller
Represented a private equity-backed portfolio company in its $32 million sale of E&P assets in the Delaware Basin to a Dallas-based energy company
Representation of an investment firm in connection with a $31.4 million acquisition of mineral and royalty interests in 35 counties across Texas, Oklahoma, Colorado, Illinois, Michigan and New Mexico from a family partnership
Represented a Dallas-based oil and gas company in its $28 million sale of California producing properties
Representation of a private equity-backed oil and gas company in its $23 million purchase of roughly 185 net mineral acres of leasehold and interests in 40 oil and gas wells in Martin and Midland counties, Texas
Represented Ball Park Energy LLC in its acquisition of producing E&P assets located in Southeast Texas from Linn Energy Holdings LLC, Linn Operating LLC and Blue Mountain Midstream LLC

Represented a Texas-based oil and gas company in its agreement to drill three horizontal wells in Ward and Loving Counties, Texas, in exchange for partial leasehold assignments from counterparties, as well as its agreement to fund certain well costs of counterparties
Represented Sunbridge Energy Services in an agreement with Hanwha Cimarron LLC whereby Hanwha will supply tube trailers containing dozens of vessels that can store compressed natural gas and other pressurized gases, such as hydrogen, with a value of up to $260 million
Represented a Texas-based oil and gas company in its agreement to drill three horizontal wells in Ward and Loving counties, Texas, in exchange for partial leasehold assignments from counterparties, as well as its agreement to fund certain well costs of counterparties
Represented an investment firm focused on mineral and royalty interests in the execution of a mineral joint venture with an exploration and production (E&P) company, under which the client will receive information regarding planned wells in the Permian Basin in order to target mineral and royalty acquisitions "ahead of the drill bit" in exchange for the conveyance of an interest in certain fee minerals
Represented Chaparral Energy LLC in a DrillCo transaction with BCE Roadrunner LLC, an affiliate of Bayou City Energy, to jointly develop Chaparral’s Sooner Trend, Anadarko, and Canadian and Kingfisher counties (STACK) acreage in Canadian and Garfield counties, Oklahoma
Represented Pivotal Petroleum Partners, a portfolio company of Tailwater Capital LLC, in a farmout transaction with Black Stone Minerals LP that covers the majority of Black Stone's Haynesville and Bossier Shale acreage under active development agreements in the Shelby Trough in Angelina and San Augustine counties, Texas
Represented Pivotal Petroleum Partners in a DrillCo transaction to fund up to 18 South Central Oklahoma Oil Province (SCOOP) wells (with an off-ramp after the first nine) on a 75/25 basis with Canyon Creek Energy; after reaching payout, the interests will revert to 25/75
Represented a private equity-backed portfolio company in a DrillCo joint venture with a Dallas-based energy investment firm covering properties in Blaine, Woodward, Major and Dewey counties in Oklahoma; five-well commitment with an option to fund five additional wells
Represented a private equity-backed portfolio company in a DrillCo joint venture with a Dallas-based energy investment firm covering SCOOP/STACK properties
Represented GAIL (India) Limited in a joint venture with Carrizo Oil & Gas Inc. for a 20 percent working interest in roughly 20,200 net acres located in LaSalle County, Texas, targeting the Eagle Ford Shale

Credentials

Education

University of Arkansas School of Law, J.D., summa cum laude
University of Georgia, B.B.A.

Bar Admissions/Licenses

Texas

Honors & Awards

Leading Energy Lawyers, Lawdragon 500, 2025
Best Lawyers in Dallas, D Magazine, Energy & Natural Resources, 2024
The Best Lawyers in America guide, Oil and Gas Law, 2022-2025
The Legal 500 USA, Energy Transactions: Oil & Gas, 2020-2023; Energy Litigation: Oil and Gas, 2024
Rising Star, Texas Super Lawyers magazine, Energy & Natural Resources, 2020-2022

Publications

Marshall v. Marshall: Playmates, Prenupts and the Probation Exception

Arkansas Law Review

Summer 2008

News

Nearly 800 Holland & Knight Attorneys Recognized by The Best Lawyers in America for 2025

29 attorneys named "Lawyers of the Year" / Press Release / August 15, 2024

D Magazine Names 30 Holland & Knight Attorneys to 2024 Best Lawyers in Dallas List

Press Release / April 26, 2024

Holland & Knight Represents Legacy Star Capital Partners in Platform Launch of Peak 10 Hermleigh and Initial Acquisition Closing

Press Release / September 1, 2023