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Tractor Talk Discussion Forum

update--,pipeline across land -pay $20 a rod

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midlam

08-24-2007 08:37:10




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company has drilled and hit oil at 2 wells and plans to drill 3 more. they can't keep burning off the gas byproduct forever.
will pay $20 a rod to bury 2 plastic pipes just inside the fenceline. will follow the road.
I think $20 is still too low. Not being a public project,I think I have more leverage with them.
$80-100 seem like a fair price?




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Bill in Colo

08-24-2007 20:01:16




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 Re: update--,pipeline across land -pay $20 a rod in reply to midlam, 08-24-2007 08:37:10  
A lot depends on who owns the gas.
I'm in the boat in two ways. one, I'll be easy to deal with as our family owns a good share of the gas, 20 per rod might work, as the sooner we get the gas to market the sooner I can buy more tractors.
Sold easement to an interstate (24") line about two years ago time we were finished with damages it ended up about at about 80 per rod.
Will be starting to negoicate for a 14" ngl in sometime in the next month. I'm going to attempt to get about 120 per rod.

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mjbrown

08-24-2007 11:23:44




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 Re: update--,pipeline across land -pay $20 a rod in reply to midlam, 08-24-2007 08:37:10  
One time payment or per year rental?



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sounds fair

08-24-2007 09:45:55




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 Re: update--,pipeline across land -pay $20 a rod in reply to midlam, 08-24-2007 08:37:10  
typical easement would be $100.00 - $125.00 per rod... they're gonna want 35' wide along the whole length

of course if you are way off they'll just file a condemnation suit and do what they want



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Nebraska Cowman

08-24-2007 09:44:05




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 Re: update--,pipeline across land -pay $20 a rod in reply to midlam, 08-24-2007 08:37:10  
$20 a rod is $6400 a mile. They can bury all they want across me for that.



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John S-B

08-24-2007 09:42:39




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 Re: update--,pipeline across land -pay $20 a rod in reply to midlam, 08-24-2007 08:37:10  
If I had wells that had gas being burnt off, I would find a way to use it in an outdoor furnace or run a small turbine for electric. Thats just money up in smoke.



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midlam

08-24-2007 08:39:22




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 OT --sorry I did not list as OT in reply to midlam, 08-24-2007 08:37:10  

Ot for sure



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