I received an offer yesterday from Acadian for a 50 ft permanent row and a 60 ft temporary row for a 42 inc. pipeline. They are figuring the payment in acres not rods. I was offered $18,480 an acre for the permanent and $2,217.60 per acre on the temporary. That seems low to me. Any other people getting offers and what are they.
The initial offer we got from Acadian worked out to around $450 a rod for both temp and perm. This was about half of what Tiger just paid. So yeah, it's low. You won't get their best offer for several months.
Bacon, our offer works out to arount $400 a rod for both. Do you know what others are getting? That doesn't include the cost of our trees. Our property is covered in large oak trees. After reviewing the map it appears the right of way will also take in the home site on the property. The property has city water and a sewer system.
My cousin has property between Alexandria and Lecompte that the Acadian pipeline will cross. Their offer was for $15000 per acre for 50 ft and $1800 for the temp. This totaled $64752, my cousin countered with $80,000. She is spending the money as I write. I don't know what this came out to because the deal changed and Acadian decided to put something else on the ROW, I think it may be some sort of gauging station or something.
As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More