Red Oak is a system comprised of multiple pipeline projects that will safely and reliably transport crude oil from Cushing, Oklahoma, and the Permian Basin in West Texas to the Texas Gulf Coast. Non-identifiable website visitor data may be collected and used in aggregate to help shape and direct the creation and maintenance of content. The now delayed Red Oak Pipeline, is a 50/50 joint venture of Phillips 66 and Plains All American Pipeline, would be a system comprised of multiple pipeline projects to transport crude oil from Cushing, Oklahoma, and the Permian Basin in West Texas to the Texas Gulf Coast. Company News, Crude Oil, Featured, Infrastructure, News, North America, Pipeline, Unconventionals Receive an email whenever a new article is published. The $2.5 billion project had been expected to go into service in first quarter 2021. The delayed pipelines include the Red Oak Pipeline, Liberty Pipeline, and Ace Pipeline. Although the project is delayed, if you have received communication from right-of-away agents regarding property you own in the projects path, it is never to early to secure representation. The $2.5 billion project had been … © 2020 Showalter Law Firm. When work on the pipeline resumes it will effect numerous counties in Texas: If your property is in the path of the Red Oak Pipeline, it is possible that your land or property may be condemned. Plains also said it has completed a $165 million asset sale, is actively pursuing cost cutting and is looking at additional asset sales. Special Courts Are Agreeing. The delayed pipelines include the Red Oak Pipeline, Liberty Pipeline, and Ace Pipeline. Selecting the route. Visit our website regularly to stay up to date. My practice area focuses on representing landowners in condemnation matters. We only collect and hold your email address in order to enable you to send communications. They’re all working to get temporary access agreements so that they can conduct surveys, including archeological surveys and environmental surveys. The now delayed Red Oak Pipeline, is a 50/50 joint venture of Phillips 66 and Plains All American Pipeline, would be a system comprised of multiple pipeline projects to transport crude oil from Cushing, Oklahoma, and the Permian Basin in West Texas to the Texas Gulf Coast. The 650 mile pipeline is designed to move crude oil from the Permian Basin of West Texas and New Mexico and Cushing, Oklahoma, a major oil hub, to Houston and the Texas Gulf Coast. You can unsubscribe from our email list at any time and for any … On the decision to delay the project Greg Garland, chairman and CEO of Phillips 66  said “We are taking action to maintain our financial strength to ensure security of our dividend”. The Red Oak Pipeline or All Plains Pipeline Company will construct this pipeline project, and Phillips 66 will be the operator according to what’s been released in the news. The company, a major midstream operator in the U.S. and Canada, typically moves 6 million barrels of crude oil and natural gas liquids per day. The company is making those changes to respond “to the current dynamic and uncertain market conditions,” said chairman and CEO Willie Chiang in a statement. by connorhills | Apr 24, 2020 | Blog, Red Oak Pipeline Project Information, Uncategorized. – Houston Chronicle, Ranchers Raise Concerns on High-Speed Rail Project – The Cattleman Now, Phillips 66, Plains Sanction $2.5 Billion Red Oak Pipeline System, Are You Affected by the Whitewater Pipeline Project in Matagorda & Brazoria Counties, Highest and Best Use as a Pipeline Corridor, Brandt Lane Extension in Fort Bend County. Plains All American, a Texas-based midstream company, has announced that is cutting its 2020 capital spending by 33% or $750 million and suspending the planned Red Oak Pipeline, a joint project with Phillips 66, to save an additional $600 million, Kallanish Energy reports. April 9, 2020 It is also cutting May distributions to shareholders by $525 million or 50%. Email us questions@redoakpipeline.com or call us at (866) 940-1434. The Red Oak project has not been canceled but has been deferred due to low commodity prices and economic uncertainty, Red Oak Pipeline, the JV, said in a statement. Disclaimer | Site Map | Privacy Policy | Business Development Solutions by FindLaw, part of Thomson Reuters, Don’t leave an inheritance to your special needs child, Estate planning is nothing to be afraid of, City plans to use eminent domain to widen road for landfill. This website uses cookies to improve your experience. Email It is your right to stop receiving email any time you choose and to only receive relevant and wanted email. – Houston Public Media, Could Kinder Morgan’s Permian Highway Scar the Hill Country? Temporary Restraining Orders and Temporary Injunctions, Negotiating Temporary Right of Access Agreements, Access Easements for Pipeline Construction, Impact of Covid-19 on Pipeline Sector in the US, Port of Corpus Christi still aims to export Canadian, Bakken crude, Hill Country Landowners Say Kinder Morgan Is Lowballing Them. – Texas Observer, Are pipeline land takings in the public interest if oil, gas headed overseas? Are You Affected by the Red Oak Pipeline? A condemnation matter could involve a pipeline, it could involve a high voltage power line, it could involve a water line, or it could involve a canal to transport water for various purposes. There’s a 30-inch crude oil line from Cushing, OK, down to Wichita Falls, Texas. If you receive a notice or a visit from an one of the involved companies do not sign any proposed agreements without proper representation. Diamondback, Energen shareholders approve $9.2B merger, XOM unveils aggressive new growth plan to double earnings, Crudes rise as supply cuts overcome economic worry, New York to transition seven peaker gas-fired power plants, Addition to Calif. solar, battery storage project, Oil future at center of Trump-Biden debate, North American rig count increases by eight: BH, Macquarie fund buys 622MW Romanian renewables portfolio, Equinor’s CFO Lars Christian Bacher resigns, Japan set to target net-zero emissions by 2050, Record high Chapter 11 debt in 2020: Rystad Energy. For any questions regarding Texas condemnation practices, the Red Oak Pipeline Project, or your possible actions going forward, reach out to Showalter Law here on our website, via phone, or in person at our Richmond Texas office. We'll assume you're ok with this, but you can opt-out if you wish. – Hi, my name’s Philip Hundl, I’m an attorney with Wadler, Perches, Hundl & Kerlick. The Red Oak Pipeline will span 650 … One canal example that comes to mind are condemnation cases by LCRA, th… The project has not been cancelled, but work had been put on hold until further notice. The two companies had announced the project las June. It had initially planned on spending $2.3 billion. The 650 mile pipeline is designed to move crude oil from the Permian Basin of West Texas and New Mexico and Cushing, Oklahoma, a major oil hub, to Houston and the Texas Gulf Coast. Typically as the pipeline company begins to do surveys it will encounter areas that might be … If you have questions, we’re here for you. The Red Oak Pipeline will span 650 miles and will move 400,000 barrels of oil a day, at a cost of just over 2.5 billion dollars. The Red Oak project is being deferred due to the current business environment, brought on by concerns over the Coronavirus or COVID-19 pandemic. Log in. To ensure the proper  and just compensation for your land, the Texas Landowner Bill of Rights grants you important protections in Texas condemnation cases, including the right to seek legal counsel and/or professional representation for assistance in such matters. All Rights Reserved. This is a large pipeline project and there are several segments of it. The right of way agents working with the Red Oak Pipeline route are from Norfleet Land Services, Percheron LLC, and NFG Energy Services. The Red Oak project has not been canceled but has been deferred due to low commodity prices and economic uncertainty, Red Oak Pipeline, the JV, said in a statement. The Showalter Law Firm has represented countless landowners facing Texas condemnation actions for oil and gas pipeline projects. Plains, with headquarters in Houston, Texas, now plans to spend $1.55 billion on capital spending in 2020, it said. 0. Together, that is a savings of $1,35 billion or 47%, it said. Red Oak will help to strengthen America’s energy independence and provide jobs for our hardworking families. Although it is uncertain when this project will resume, the chances are high that Red Oak Pipeline will eventually go ahead to address the longstanding gap between oil pipeline capacity and production in the Permian Basin and Western Canada.

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