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 a existing pipeline that wasnt 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. Its a 18 inch pipeline thats 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 there offer ? And is it a new pipeline or existing one ?
Their offer is $400/rod for a new 12” crude line, no renewals