What's the going rate on pipeline right-of-ways? Is it by running for for a particular width? Is it by square footage? Is it a one-time bonus money deal, or do you lease it to them?
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There is not really a "going rate" on pipeline r-o-w's, unless eminent domain is involved. This "rate" is almost always negotiable, and a little homework will help. What are nearby owners being offered? What is your land worth to you long term? Don't get in a hurry!
Usually the first offer is made on a $/rod basis(per 16.5' running foot). It is pretty easy to convert to an acreage figure. There is a permanent pipeline width plus the temporary work area width that must be factored in. If timber is involved, have a forester give you an estimate.
There is a one-time payment to you, but it is a servitude or easement, and you will continue to pay the property taxes.
Not one size fits all, hopefully, these hints will help. Good luck!
Thank you.
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GoHaynesvilleShale.com (GHS) was launched in 2008 during a pivotal moment in the energy industry, when the Haynesville Shale formation—a massive natural gas reserve lying beneath parts of northwest Louisiana, east Texas, and southwest Arkansas—was beginning to attract national attention. The website was the brainchild of Keith Mauck, a landowner and entrepreneur who recognized a pressing need: landowners in the region had little access to…
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AboutAs 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 |
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