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Gregory M. Bopp

Bopp, Gregory M.

Partner

P +1.713.221.1511
F +1.713.221.2198
greg.bopp@bgllp.com

Assistant

+1.713.222.3076

Greg Bopp serves as co-chair of the firm's Business and Regulatory Section and is a member of the firm's Management Committee. Greg's practice focuses on tax structuring, joint ventures, M&A and capital markets transactions for midstream and upstream energy clients, including master limited partnerships (MLPs). He is widely recognized for his extensive MLP experience which includes qualifying income, partnership tax and transaction structuring advice. His clients consist of many of the largest MLP, upstream and midstream companies in North America, as well as investment banks and private investment funds. 

Greg is recognized as one of the leading corporate/M&A and tax lawyers by Chambers USA America's Leading Lawyers for Business and for being described by clients as "steeped in the practice and lore of MLPs," "a real authority in the area of MLP tax issues," and "an outstanding tax lawyer who does a very good job of servicing his clients.” He is also recognized by The Legal 500 United States as a leader in tax and in mergers, acquisitions and buyouts and for being described by clients as "very efficient," "very pragmatic," "an excellent business tax adviser," and "a master of his field." Greg is a CPA and, prior to attending law school, worked for KPMG in the audit and tax practice areas. 

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Representative Matters

Enbridge Energy Partners, L.P.
Waiver of Incentive Distribution Rights
Represented the special committee of the Board of Directors of Enbridge Energy Management,
L.L.C. in connection with a restructuring of EEP' s equity under which its general partner
permanently waived its existing incentive distribution rights in exchange for Class D units and new
incentive distribution units

Kinder Morgan, Inc.
Drop Down to El Paso Pipeline Partners, L.P.
Represented KMI in its drop down of 50% of Ruby Pipeline, 50% of Gulf LNG and 47.5% of Young Gas Storage to EPB for approximately $2 billion

QR Energy, LP
Acquisition of GP/Elimination of Management Incentive Fee Structure
Represented the conflicts committee of the board of QRE GP, L.L.C. in connection with QR Energy's
acquisition of QRE GP, L.L.C. and the elimination of the management incentive fee structure in
exchange for the right to earn up to 11.6 million Class B units

Delek Logistics Partners, LP
Purchase of El Dorado Storage Tanks and Product Terminal
Represented Delek Logistics in connection with its acquisition of certain storage tanks and a
products terminal from Delek US Holdings, Inc. for $95.9 million

Kinder Morgan Energy Partners, L.P.
Acquisition of Jones Act Shipping Tankers
Represented KMEP in its pending acquisition of American Petroleum Tankers and State Class Tankers from affiliates of The Blackstone Group and Cerberus Capital Management for $962 million

Kinder Morgan Energy Partners, L.P.
Acquisition of Copano Energy
Represented KMEP in its acquisition of Copano Energy, L.L.C. for approximately $5 billion, including the assumption of debt

Kinder Morgan, Inc.
Drop Down to KMEP
Represented KMI in its drop down of 50 percent of El Paso Natural Gas Company, L.L.C. and 50 percent of former El Paso Midstream assets in Utah and South Texas to KMEP for approximately $1.655 billion 

Western Gas Partners, LP
Acquisition of Midstream Assets from Anadarko Petroleum Corporation
Represented the Special Committee of the Board of Directors of Western Gas Holdings, L.L.C. in the acquisition by Western Gas Partners of a 33.75% interest in both the Liberty and Rome gas gathering systems from Anadarko for $490 million

Kinder Morgan Energy Partners, L.P.
Sale of Midstream Assets to Tallgrass Energy Partners
Represented KMI in its sale to Tallgrass Energy Partners, LP of Kinder Morgan Interstate Gas Transmission, Trailblazer Pipeline Company, the Casper-Douglas natural gas processing and West Frenchie Draw treating facilities in Wyoming, and KMEP's 50 percent interest in the Rockies Express Pipeline for $3.3 billion

Kinder Morgan Energy Partners, L.P.
Drop Down to KMEP
Represented KMI in its drop down of 100 percent of Tennessee Gas Pipeline and a 50 percent interest in El Paso Natural Gas Company, L.L.C. to KMEP for approximately $6.22 billion

Kinder Morgan, Inc.
Sale of EP Energy Corporation
Represented KMI in connection with El Paso Corporation's disposition of El Paso's exploration and production business for approximately $7.15 billion to affiliates of Apollo Global Management, L.L.C. and Riverstone Holdings, L.L.C., who are joined by Access Industries, Inc. and other parties

Apache Corporation
Acquisition of Cordillera Energy Partners Ill L.L.C.
Represented Apache in its $2.85 billion acquisition of Cordillera, a privately held company with operations and acreage across the prolific Granite Wash, Tonkawa, Cleveland and Marmaton plays in western Oklahoma and the Texas Panhandle

Kinder Morgan, Inc.
Acquisition of El Paso Corporation
Represented KMI in its acquisition of El Paso Corporation for approximately $38 billion (including the assumption of debt outstanding at El Paso Corporation and including the debt outstanding at El Paso Pipeline Partners, L.P.)

Chesapeake Energy Corporation
Royalty Trust IPO
Represented Chesapeake in connection with the $437 million initial public offering of Chesapeake Granite Wash Trust 

QR Energy, LP
Acquisition of Upstream Assets
Represented the conflicts committee of the board of QRE GP, L.L.C. in connection with the acquisition by QR Energy of oil and natural gas properties from its sponsor, Quantum Resources Fund, for approximately $577 million

Encore Energy Partners LP
Acquisition by Vanguard Natural Resources, L.L.C.
Represented the conflicts committee of Encore Energy Partners in connection with the acquisition by Vanguard of the interests in Encore owned by the public for approximately $545 million of Vanguard common units

Kinder Morgan Energy Partners, L.P.
Haynesville Purchase and Eagle Ford Joint Venture
Represented KMEP in its approximately $920 million acquisition of Petrohawk Energy Corporation's 50% interest in KinderHawk Field Services (the largest natural gas gathering and midstream business in the Haynesville shale) and a 25% interest in Petrohawk's natural gas gathering and treating business in the Eagle Ford shale

Spectra Energy Partners, LP
Acquisition of Big Sandy Pipeline
Represented Spectra Energy Partners in its approximately $390 million acquisition of the Big Sandy Pipeline from EQT Corporation

Kinder Morgan, Inc.
Initial Public Offering
Represented KMI in connection with its $3.2 billion initial public offering

Kinder Morgan Energy Partners, L.P.
Equity Investment
Represented KMEP in its preferred equity investment in Watco Companies, L.L.C., the largest privately held short line railroad company in the United States

Enerplus Corporation
Corporate Conversion
Represented Enerplus in its conversion from a Canadian income trust to a Canadian corporation

Scotia Capital Inc.
Initial Public Offering of Eagle Energy Trust
Represented Scotia Capital which served as the lead underwriter in connection with the initial public offering of Eagle Energy Trust, a Canadian trust that owns upstream properties in the United States

Shell
Disposition of Refined Products Terminal in Puerto Rico
Represented an affiliate of Royal Dutch Shell plc in its sale to Buckeye Partners, L.P. of a refined petroleum products terminal located in Puerto Rico

Apache Corporation
Acquisition of BP Assets in Permian Basin, Canada and Egypt
Represented Apache in its $7 billion acquisition of BP's oil and gas operations, acreage and infrastructure in the Permian Basin of West Texas and New Mexico and Egypt's Western Desert, as well as substantially all of BP's upstream natural gas business in western Canada and British Columbia

Kinder Morgan Energy Partners, L.P.
Haynesville Shale Joint Venture
Represented KMEP in its approximately $921 million acquisition of 50% of Petrohawk Energy's natural gas gathering and treating assets in the Haynesville shale gas formation in northwest Louisiana and the formation of the KinderHawk Field Services joint venture

Kinder Morgan Energy Partners, L.P.
Eagle Ford Shale Joint Venture
Represented KMEP in its Eagle Ford Gathering L.L.C. joint venture with Copano Energy to provide gathering, transportation and processing services to natural gas producers in the Eagle Ford shale gas formation in south Texas

Kinder Morgan Energy Partners, L.P.
Gas Gathering Joint Venture
Represented KMEP in the acquisition of a 40% interest in Endeavor Gathering L.L.C., which provides natural gas gathering service to GMX Resources Inc.'s exploration and production activities in its Cotton Valley Sands and Haynesville/Bossier Shale horizontal well developments located in East Texas

Enerplus Corporation
Marcellus Shale Acquisition
Represented Enerplus in its $406 million acquisition of working interests in the Marcellus shale natural resource play from Chief Oil & Gas L.L.C., Chief Exploration & Development L.L.C. and a limited partnership managed by Tug Hill, Inc.

Western Gas Partners, L.P.
Acquisition of Midstream Assets from Anadarko Petroleum Corporation
Represented the Special Committee of the Board of Directors of Western Gas Holdings, L.L.C. in the acquisition by Western Gas Partners of a 51% membership interest in Chipeta Processing L.L.C. and associated infrastructure from Anadarko for approximately $107 million

Enbridge Energy Partners, L.P.
Alberta Clipper Joint Venture
Represented the Special Committee of the Board of Directors of Enbridge Energy Management L.L.C. in the $1.2 billion joint venture between Enbridge Energy Partners and Enbridge Inc. related to the U.S. segment of the Alberta Clipper crude oil pipeline project

Western Gas Partners, L.P.
Acquisition of Midstream Assets from Anadarko Petroleum Corporation
Represented the Special Committee of the Board of Directors of Western Gas Holdings, L.L.C. in the acquisition by Western Gas Partners of certain midstream assets located in the Powder River Basin from Anadarko for $210 million

Kinder Morgan, Inc.
Sale of 80% Interest in NGPL PipeCo L.L.C.
Represented KMI in its $5.9 billion sale of an 80% interest in NGPL PipeCo L.L.C. (formerly MidCon Corp), which owns Natural Gas Pipeline Company of America, to Myria Acquisition Inc. which is owned by a syndicate of investors led by Babcock & Brown

W-H Energy Services Inc.
Acquisition by Smith International, Inc.
Represented W-H Energy in its $3.2 billion acquisition by Smith International, Inc.

Enerplus Corporation
Merger with Focus Energy Trust
Represented Enerplus in its $1.7 billion acquisition of Focus Energy Trust

Fayetteville Express Pipeline, L.L.C.
Natural Gas Pipeline Joint Venture
Represented KMEP in its $1.3 billion joint venture with Energy Transfer Partners L.P. involving a 187-mile natural gas transmission system

Kinder Morgan, Inc.
Sale of Trans Mountain
Represented KMI in the $549.1 million sale of the Trans Mountain pipeline system to Kinder Morgan Energy Partners, L.P.

Kinder Morgan, Inc.
Leveraged Buyout of Kinder Morgan, Inc.
Represented KMI in the $22 billion management led buyout of Kinder Morgan, Inc.

Kinder Morgan, Inc.
Sale of Corridor Pipeline System
Represented KMI in the $711 million (C$760 million) sale of the Corridor Pipeline System to Inter Pipeline Fund

Kinder Morgan, Inc.
Sale of Terasen Inc.
Represented KMI in its $3.4 billion (C$3.7 billion) sale of Terasen Inc. (Canada-based retail natural gas distribution operations) to Fortis Inc.

Kinder Morgan, Inc.
Sale of U.S. Retail Operations
Represented KMI in its $710 million sale of its U.S. retail natural gas distribution and related operations to GE Energy Financial Services, a subsidiary of General Electric Company, and Alinda Investments L.L.C.

Constellation Energy Group, Inc.
Acquisition of Cornerstone Energy, Inc.
Represented Constellation in its $108.3 million acquisition of Cornerstone Energy, Inc, one of the nation's largest non-utility affiliated natural gas marketing companies

Kinder Morgan Energy Partners, L.P.
Sale of North System
Represented KMEP in its $298.6 million sale of its North System natural gas liquids and refined petroleum products pipeline system and its 50% ownership interest in the Heartland Pipeline Company to ONEOK Partners, L.P.

Kinder Morgan Energy Partners, L.P.
Acquisition of Cochin Pipeline System
Represented KMEP in its $47.8 million acquisition of the remaining approximate 50.2% interest in the Cochin pipeline system that it did not already own from affiliates of BP

Rockies Express Pipeline L.L.C.
Natural Gas Pipeline Joint Venture
Represented KMEP in its $4.9 billion joint venture with Sempra Energy and ConocoPhillips involving a 1,679-mile natural gas pipeline system

MidContinent Express Pipeline L.L.C.
Natural Gas Pipeline Joint Venture
Represented KMEP in its $1.3 billion joint venture with Energy Transfer Partners L.P. involving a 500-mile natural gas transmission system

Kinder Morgan Management, L.L.C.
IPO and Subsequent Equity Offerings
Represented Kinder Morgan Management in its $1 billion initial public offering of institutionally oriented securities and subsequent equity offerings

Kinder Morgan, Inc.
Sale of Terasen Water and Utility Services
Represented KMI in its C$124 million sale of Terasen Water and Utility Services to a group led by CAI Capital Management Co.

Kinder Morgan, Inc.
Acquisition of Terasen Inc.
Represented KMI in its $5.6 billion cross-border acquisition of Terasen Inc. and related financing

Kinder Morgan Energy Partners, L.P.
Acquisition of Permian Basin Assets
Represented KMEP in its $259 million acquisition of certain assets in the Permian Basin of West Texas from a subsidiary of Marathon Oil Corporation, including Marathon's approximate 42.5% interest in the Yates oil field unit, Marathon's 100% interest in the crude oil gathering system surrounding the Yates field and Marathon's 100% interest in Marathon Carbon Dioxide Transportation Company

Kinder Morgan Energy Partners, L.P.
Acquisition of Tejas Gas, L.L.C.
Represented KMEP in its $881.5 million acquisition of Tejas Gas, L.L.C. from InterGen (North America), Inc.

Kinder Morgan Energy Partners, L.P.
Acquisition of Trailblazer Pipeline Company
Represented KMEP in its $68 million acquisition of the remaining 33 1/3% ownership interest in Trailblazer Pipeline Company from Enron Trailblazer Pipeline Company

Kinder Morgan Energy Partners, L.P.
Acquisition of Pipeline and Terminal Business
Represented KMEP in its $1.15 billion acquisition of the United States pipeline and terminal businesses of GATX Corporation, including CALNEV Pipe Line Company, Central Florida Pipeline Company and 12 terminals that store refined petroleum products and chemicals

Kinder Morgan Energy Partners, L.P.
Formation of Permian Basin Joint Venture
Represented KMEP in its joint venture with Marathon Oil Company in the southern Permian Basin of West Texas consisting of a nearly 13% interest in the SACROC Unit and a 49.9% interest in the Yates oil field.

Kinder Morgan (Delaware), Inc.
Merger with K N Energy, Inc.
Represented Kinder Morgan in its merger with K N Energy , Inc.

Kinder Morgan Energy Partners, L.P.
Acquisition of Assets of Santa Fe Pacific Pipeline Partners, L.P.
Represented KMEP in its $1.4 billion acquisition of the operating partnership of Santa Fe Pacific Pipeline Partners, L.P.

Publications and Speeches

PwC's MLP User Conference 2013 (November 12, 2013 - Las Vegas, Nevada) - "MLP Drop Downs: Related Legal & Tax Issues"

Platts 3rd Annual MLP Symposium (October 10, 2013 - Houston, Texas) - "MLP Market Trends and Regulatory Update"

Bracewell Tax Network (September 12, 2013 - Houston, Texas) - "MLP Update - Recent Structure Modifications, Qualifying Income and Leveraged Drop Downs"

PwC's MLP User Conference 2012 (November 6, 2012 - Scottsdale, Arizona) - "Variable MLPs"

Platts 7th Annual Pipeline Development & Expansion Conference (September 20, 2012 - Houston, Texas) - "Consolidation and Divestiture in the Oil and Gas Industry"

Bracewell Tax Symposium (September 20, 2012 - Houston, Texas) - "MLPs and Beyond (Variable MLPs and Qualifying Income)"

PwC's MLP User Conference 2011 (November 8, 2011 - Dana Point, California) - "Canadian Income Trusts"

PwC's MLP User Conference 2010 (November 9, 2010 - Half Moon Bay, California) - "MLP Drop Downs and Impact of Canal Decision" 

Education

J.D., magna cum laude, South Texas College of Law, 1995
B.B.A., Accounting, The University of Texas at Austin, 1989

Bar Admissions

Texas

Noteworthy

Chambers & Partners, Chambers USA, Corporate/M&A, 2007-2013; Tax, 2009-2014
Legalease, The Legal 500 United States, Tax, 2009-2013; Energy: Transactions, 2012-2014; Capital Markets: Debt Offerings, 2013-2014; Capital Markets: Equity Offerings, 2013-2014; Mergers & Acquisitions (M&A) Large Deals ($1-5 Billion), 2013-2014; Mergers & Acquisitions (M&A) Middle Market ($500-999 Million), 2010-2012; Mergers & Acquisitions, 2008
U.S. News & World Report, Best Lawyers, Tax, 2010-2015
Editor-in-Chief, South Texas Law Review