Can't Keep a Good (Gas) Man Down - Lost Profits from Late Plant Completion
April 1, 2022
Delays in the construction of gas gathering and processing (G&P) facilities led to a suit filed against the EPC contractor by a midstream company alleging lost profits. We reviewed G&P contracts, evaluated operating costs, and analyzed the gas quantities processed by competitors due to the late completion to quantify lost profits. The parties relied on Baker & O'Brien's expert reports and deposition testimony to reach a settlement.