Pipeline Easement - LPC Crude

Has anyone else in southern Dawson County received pipeline easement offers from LPC Crude Oil? What rates per rod are they offering, and how are negotiations going?

Yes on an existing pipeline that wasn’t being used any longer.

Thanks for the response. Are they taking over the existing pipeline, or removing it and building a new one?

Taking over the existing pipeline. It’s an 18-inch pipeline that’s less than 5 years old.

Did they offer $675 a rod for that?

No, we have turned it over to our attorney to try and get the best deal.

Thanks, I might do the same. They don’t seem to be willing to budge from their initial offer.

What was their offer? And is it a new pipeline or existing one?

Their offer is $400/rod for a new 12” crude line, no renewals.

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