Trent Bridges, Partner, Energy & Infrastructure

Trent O. Bridges

Partner

Areas of Focus

Trent Bridges, Partner, Energy & Infrastructure

Trent O. Bridges

Partner

tbridges@akingump.com

Areas of Focus

Save as PDF

Share This Biography

LinkedIn

Biography
  • Focuses on energy-related transactions, primarily M&A, joint ventures and commercial agreements in the midstream oil and gas industry.
  • Extensive first-hand midstream knowledge from his near decade of experience as an executive and senior legal leader of Magellan Midstream Partners, L.P.
  • Represents clients in the development of energy transition and infrastructure projects.

Trent Bridges’s practice includes a wide range of energy-related transactions, infrastructure development projects and investments. He has extensive experience advising on acquisitions, divestitures, joint ventures, greenfield projects and commercial agreements across the oil and gas value chain, notably within the midstream sector. He also advises clients on energy transition projects, including those involving renewable fuels and investments in new technologies in support of such projects.

Previously, Trent served as an officer and in managing legal roles for Magellan Midstream Partners, L.P., where he worked directly with its board of directors and executive management team on numerous significant M&A transactions, joint ventures and development projects. During his tenure at Magellan, Trent led the structuring, drafting and negotiating of purchase and sale agreements, joint venture and undivided joint interest arrangements, terminalling and offtake contracts, and pipeline throughput commitments and related tariffs for the development, construction, ownership and operation of new and expanded pipeline systems, inland storage and marine export terminals, condensate splitter facilities and other midstream assets.

Trent began his legal career in Oklahoma City at the largest law firm in the state of Oklahoma, where he primarily represented upstream oil and gas companies in M&A, capital markets and financing transactions, and compliance with SEC periodic reporting and NYSE and NASDAQ exchange rules.

In college, Trent received a scholarship to play baseball at Kansas State University, where he was a letterman as a relief pitcher.

Representative Work

Mergers, Acquisitions and Divestitures

  • Represented a portfolio company of a private equity fund in its sale of natural gas processing and pipeline assets to a publicly traded midstream company.
  • Represented Enterprise Products Partners L.P. in its affiliate’s acquisition of natural gas salt dome storage caverns in Wharton County, Texas from an affiliate of Republic Financial Corporation.
  • Represented Energy Transfer LP in its acquisition of Lotus Midstream Operations, LLC for approximately $1.45 billion from an affiliate of EnCap Flatrock Midstream.
  • Represented a publicly traded midstream company in an investment bank-led auction process to submit a bid to acquire a $1 billion+ crude oil gathering, pipeline transportation and terminals business.
  • Represented Magellan Midstream Partners, L.P. in its sale to Buckeye Partners, L.P. of 26 refined products inland terminals located primarily in the Southeastern United States for $435 million.
  • Represented Magellan Midstream Partners, L.P. in its sale to a global private equity company of a near 25% membership interest in MVP Terminalling refined products marine terminal joint venture for $270 million and related restructuring of such joint venture.
  • Represented Magellan Midstream Partners, L.P. in its sale to Buckeye Partners, L.P. of refined products marine terminals located in New Haven, CT, Wilmington, DE and Marrero, LA for $250 million.
  • Represented Magellan Midstream Partners, L.P. in its joint sale with Plains All-American to Ontario Municipal Employees Retirement System of a combined 50% membership interest in the BridgeTex Pipeline crude oil joint venture for $1.4 billion.
  • Represented Magellan Midstream Partners, L.P. in its acquisition from BridgeTex Pipeline of a strategic “last mile” crude oil pipeline system in the Houston, TX Gulf Coast area for $75 million.
  • Represented Magellan Midstream Partners, L.P. in its joint sale with Plains All-American to Anadarko Petroleum of a 20% membership interest in the Saddlehorn Pipeline crude oil joint venture and related restructuring of such joint venture.
  • Represented Magellan Midstream Partners, L.P. in its sale to an affiliate of NGL Energy Partners of an approximately 45% undivided joint interest in the Saddlehorn crude oil pipeline system.
  • Represented Magellan Midstream Partners, L.P. in its joint sale with Plains All-American to an entity controlled by Noble Midstream Partners of a combined 20% membership interest in the Saddlehorn Pipeline crude oil joint venture for $155 million.
  • Represented Magellan Midstream Partners, L.P. in its acquisition from Shell Midstream of the West Columbia crude oil pipeline system in the Houston, TX Gulf Coast area.
  • Numerous investment bank-led auction processes to buy and sell interests in various midstream infrastructure assets, including crude oil and natural gas gathering and transportation systems, long-haul pipelines and inland and marine terminals facilities, with individual deal values in excess of $1 billion.
  • Represented an Oklahoma-based oil and gas production and exploitation company in the divestiture of its electric submersible pump, chemical and supply divisions in a series of transactions with multiple counterparties.
  • Represented The Oklahoma Publishing Company in its acquisition of a controlling equity interest in Pavestone Company, a national manufacturer of concrete landscaping products.
  • Represented a physician-owned surgical hospital in its reorganization and sale to a national operator of ambulatory surgical centers and surgical hospitals.
  • Represented a privately held Oklahoma auto parts distributor in its acquisition of a powertrain parts and accessories distribution business in North Carolina and Virginia.
  • Represented the shareholders of a California-based manufacturer of casino games in the sale of all the company’s stock to a publicly traded Canadian company.
  • Represented a publicly traded company in its acquisition of a multi-state sleep disorder business.
  • Represented the shareholders of an Oklahoma-based industrial supply distribution company in the sale of the corporation to a private equity fund.
  • Represented a food industry company in the acquisition of all assets associated with two large food processing plants.

Joint Ventures and Undivided Joint Interest Transactions

  • Represented Energy Transfer LP on the formation of a strategic joint venture with Enbridge Inc. to construct, own and operate the Southern Illinois Connector project, a new 24-inch crude oil pipeline that will connect the Platte Pipeline near Wood River, Illinois to the Energy Transfer Crude Oil Pipeline (ETCOP) near Patoka, Illinois to provide shippers with full-path crude oil pipeline transportation service from Western Canada to the U.S. Gulf Coast.
  • Represented a publicly traded midstream company in the restructuring of undivided joint interest ownership agreements with another publicly traded midstream company for a crude oil pipeline and related terminal assets in the Permian Basin.
  • Represented Energy Transfer LP and Sunoco LP on the formation of a joint venture combining their respective crude oil and produced water gathering assets in the Permian Basin.
  • Represented a project developer on the formation of a joint venture with a global trading firm to pursue the development of peaking power plants, including through the Texas Energy Fund In-ERCOT Generation Loan program.
  • Represented a publicly traded midstream company in negotiations for the development, ownership and operation of a long-haul petroleum pipeline through an undivided joint interest ownership structure.
  • Represented Magellan Midstream Partners, L.P. in its Seabrook Logistics joint venture with LBC Terminals to construct, own and operate an approximately $500 million crude oil marine export terminal and related pipeline assets in Houston, TX Gulf Coast area.
  • Represented Magellan Midstream Partners, L.P. in its BridgeTex Pipeline joint venture with Occidental Petroleum to construct, own and operate a 440-mile crude oil pipeline from the Permian Basin in Texas to the Houston, TX Gulf Coast area.
  • Represented Magellan Midstream Partners, L.P. in the restructuring of its BridgeTex Pipeline crude oil joint venture to effect the sale of Occidental Petroleum’s 50% membership interest to Plains All-American for $1.1 billion.
  • Represented Magellan Midstream Partners, L.P. in its Saddlehorn Pipeline joint venture with Plains All-American to construct, own and operate a 660-mile crude oil pipeline from the DJ Basin in Colorado to Cushing, OK.
  • Represented Magellan Midstream Partners, L.P. in the conversion of the Saddlehorn crude oil pipeline system to an undivided joint interest ownership structure with an affiliate of NGL Energy Partners.
  • Represented Magellan Midstream Partners, L.P. in its HoustonLink Pipeline joint venture with TransCanada to construct, own and operate an approximately $50 million crude oil pipeline in Houston, TX Gulf Coast area.
  • Represented a public university in a public-private partnership (PPP) to implement a long-term operations and management arrangement for its utilities assets.

Midstream Commercial Transactions

  • Represented Producers Midstream II, LLC in its affiliates’ entry into long-term acreage dedications and volume commitments with leading Permian operators and related long-term residue gas takeaway rights as part of the company’s Phase Two expansion of its Delaware Basin system that significantly expands its gathering, treating, and processing infrastructure in Lea County, New Mexico.
  • Represented an affiliate of Devon Energy Corporation in its entry into long-term agreements with an affiliate of LandBridge Company LLC for produced water surface use and pore space reservation rights and related transactions to support Devon’s operations in the core of the New Mexico Delaware Basin.
  • Represented a publicly traded exploration and production company in negotiations for a long-term natural gas pipeline transportation services agreement to supply its commitment to a planned liquified natural gas terminal.
  • Represented Buckeye Partners, L.P. in the commercial contracting of U.S. Gulf Coast crude oil and condensate storage and processing assets with a global commodity trading and logistics firm.
  • Represented Magellan Midstream Partners, L.P. in the expansion of the Saddlehorn crude oil pipeline system and long-term re-contracting with Saddlehorn anchor shippers.
  • Represented Magellan Midstream Partners, L.P. in its construction of an approximately $300 million condensate splitter and related terminal assets in Corpus Christi, TX, supported by a long-term Tolling Agreement with Trafigura AG as sole off-take counterparty.
  • Represented Magellan Midstream Partners, L.P. in its agreement with Intercontinental Exchange, Inc. (ICE) and Enterprise Products Partners L.P. to establish a new Midland WTI American Gulf Coast joint crude oil physical futures contract (HOU) deliverable at Magellan’s East Houston (MEH) terminal or Enterprise’s Crude Houston (ECHO) terminal.
  • Represented Magellan Midstream Partners, L.P. in its agreement with Intercontinental Exchange, Inc. (ICE) to establish a crude oil storage futures program and a crude oil physical futures contract (HOU) deliverable at Magellan’s East Houston (MEH) terminal.

Energy Transition Projects and Joint Ventures

  • Represented Enbridge Inc. in an infrastructure development agreement with Divert Inc. to develop wasted-food-to-renewable natural gas (RNG) projects across the U.S. for up to more than $1 billion of capital investments underpinned by long-term, take-or-pay contracts.
  • Represented Enbridge Inc. in an approximately $100 million project with Divert, Inc. to build a wasted-food-to-RNG facility in Longview, Washington, which is the first project between the parties under their $1 billion infrastructure development agreement.
  • Represented United Airlines Ventures in its joint venture with Tallgrass Energy and Green Plains to develop and commercialize a novel sustainable aviation fuel (SAF) technology that uses ethanol as feedstock.
  • Represented Neste Corporation in its $1 billion investment in a renewable diesel joint venture with Marathon Petroleum.

Capital Markets Transactions

  • Represented an Oklahoma-based oil and gas production and exploitation company in over $2 billion of public debt offerings and related exchange offers, tender offers and redemptions.
  • Represented an Oklahoma-based oil and gas production and exploitation company in a $345 million private placement of its common stock to a private equity fund.
  • Represented an Oklahoma-based publicly traded oil and gas exploration and production company in debt and equity financing matters.

List includes matters prior to joining Akin.

“He is a tremendous lawyer. Very experienced and very practical with a focus on accomplishing the task at hand. Trent is quick to understand the client's objectives and prioritizes those objectives. He's efficient, thorough and very responsive.” 

Legal 500 US, 2025

Education
  • J.D., The University of Tulsa College of Law, with highest honors, 2008

  • B.A., University of Oklahoma, 1999

Bar Admissions
  • Oklahoma

  • Texas

Recognitions
  • The Legal 500 US, Energy Transactions: Oil & Gas, 2025.
Speeches and Publications

Insights and Achievements

    Publications | Articles

    February 5, 2026

    Read More

      Publications | Articles

      February 5, 2026

      Read More

          Publications | Articles

          February 5, 2026

          Read More

            Publications | Articles

            February 5, 2026

            Read More

              Related Content

              People

              Distinguished by our areas of focus, as a cohesive and integrated firm, we are defined by the caliber of our work, the responsiveness of our service and a culture that is rooted in collaboration and forward-thinking.

              We Also Recommend

              Loading...
              Loading...
              Loading...
              Loading...