Pipeline crossing land questions

What are the pro's and con's of having a pipeline cross your land? Payment currently offered is $350.00 per rod. I'm thinking that having that pipeline there is a forever and ever thing that can determine how the land can be used from now on. If there are planted pine trees should the company laying the line offer to pay their market value as well?

Views: 1298

▶ Reply to This

Replies to This Discussion

Permalink Reply by Billy mac on December 23, 2009 at 4:11
No pros? Well except for the $15,000 per acre and you still own the land.
Permalink Reply by Randy on December 23, 2009 at 6:12
$350/rod is an awful lot of money. In many parts of the country the going rate is considerably less. Unless you are planning to develop that property into a residential/commercial area in the next 10 years, I'd take the money and run.

I suppose if you just don't need the money, that's a different story, but I could always use a little more for retirement.
Permalink Reply by Bacon on December 23, 2009 at 7:23
Just an FYI, Tiger has come up to $700 a rod with a 60' ROW in Red River.
Permalink Reply by J.Shaler on December 23, 2009 at 12:06
Thank you all for your replies. Yikes $700.00? They must have really needed that piece of dirt in RR which is where the land I have discussed is.
Permalink Reply by Bobi Carr ("parker") on December 23, 2009 at 14:33
J. Shaler,

That is what it all comes down to - how much they need it and whether or not it make any difference to your future plans for the property. No one can decide what it is worth to you but you.

Good luck.
Permalink Reply by Bacon on December 23, 2009 at 17:03
I'm not sure that's their final offer. Should know in the next few days. They are in a hurry to get it. Questar has paid $500 a rod for smaller lines and ROW so $700 really isn't outrageous.
Permalink Reply by Ringgold Redskin on December 24, 2009 at 4:39
$500.00 per rod and damages is the going rate. Do a search for pipelines and rows on this site and re-live some of the nightmares others have experienced. As many have stated... it is a long term contract. Good luck and remember.....slow!! don't rush.
Skin
Permalink Reply by etx44 on December 26, 2009 at 9:39
We got an ok price for a gathering line easement with one line in East Texas.

In our area they are likely to need more lines in this same route, what price can we expect compared to the original lease ?

RSS

Support GoHaynesvilleShale.com

Top Content 

1 Looking Back At The Haynesville Shale - A Retrospective

Looking Back At The Haynesville Shale - A Retrospective
2 Pending Public Oil and Gas Hearings

Pending Public Oil and Gas Hearings
3 Arkansas Smackover Lithium Play

Arkansas Smackover Lithium Play
4 Aethon looks for Buyers of its Haynesville Assets

Aethon looks for Buyers of its Haynesville Assets
5 Notice Emails Are Back! Please review how they work.

Notice Emails Are Back! Please review how they work.
6 Comstock October Presentation

Comstock October Presentation
7 Haynesville Has 12.5 Years of Sub-$3 NatGas Inventory - Enverus

Haynesville Has 12.5 Years of Sub-$3 NatGas Inventory - Enverus

Blog Posts

The Lithium Connection to Shale Drilling

Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…

Continue

Posted by Keith Mauck (Site Publisher) on November 20, 2024 at 12:40

Not a member? Get our email.

Groups



© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service