Oil pipeline lease dispute
In a dispute between the owners of an oil pipeline in Texas, we submitted an expert report on behalf of the plaintiff in Chevron Pipe Line Company v. Sunoco Pipeline, L.P., which calculated the damages that resulted from the majority owner of the pipeline entering into a pipeline lease with a subsidiary at a below-market lease price. Our report analyzed the demand for oil pipeline transportation services in Texas and the prices obtained for oil pipeline transportation service on new oil pipeline projects serving the Gulf Coast market. This analysis informed our opinion of a fair lease rate that could have been achieved by an independent owner of the pipeline.
