Jack Blake has been contacted by Mustang Engineering; a firm working for Encana. They may want to run a P/L on edge of Jack's land. They say they try to keep it as close to the edge of property as necessary so they take as little property as necessary.
Jack's land is in Sec 21 T 10 N - R 11 W.
-The P/L would go down a 750' side of my land that has a Sabine Parish maintained dirt road frontage all down that 750' side of the land.
-I don't know what size of P/L it would be (maybe this 8" you speak of).
-I have minerals leased to Chesapeake and Encana said that has nothing to do with this P/L ROW deal they may want to make.
-I gave permission to survey and they have surveyed and put up flags on about 1-9-10. Encana wants a ROW for an Encana P/L.
Jack did pretty good on the original mineral 3 yr lease to Chesapeake(lease good for another 1.5 years and my section has been made a production unit by SWEPI LP but so far no well planned on SONRIS).
Q 1 What is fair compensation for this ROW deal? $/foot in length or how is it figured?
Q 2 Is it a perpetual never ending lease and a one time pay out to me or money every so many years?
Q 3 What specifice do I need to put in the deal?
Q-4 What else do I need to know?? Maybe I need to know the size of P/L and volume they plan to flow thru it to make my deal?
Q-5 Where can I do more research?
I do want the ROW on my land and I want to be compensated fairly, but I don't want to demand to much and scare them away from my land.
Help a brother out howled Jack Blake!!!
Long live the HS!!!!!