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Current Pipeline ROW Offers?

  • 455 Replies
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pahunter

Current Pipeline ROW Offers?
« on: May 29, 2009, 04:53:42 PM »
A gas company has contacted us about putting a pipeline through our property in Tioga Co.   What is a fair ROW offer in today's market?   Is their anything we should watch out for in the ROW agreement?  Any advice would be appreciated.  Thanks!

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dvader

Re: Current Pipeline ROW Offers?
« Reply #1 on: May 29, 2009, 04:55:33 PM »
have they made an offer?

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jto

Re: Current Pipeline ROW Offers?
« Reply #2 on: May 29, 2009, 09:11:47 PM »
I think if you read through some of these forums, you will see that $15/ft. is common.

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virtuallyme

Re: Current Pipeline ROW Offers?
« Reply #3 on: May 29, 2009, 10:47:40 PM »
Nornew has been known to pay $30./ft, 1 week ago, and only for bottleneck acreage


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StoneBear454f

Re: Current Pipeline ROW Offers?
« Reply #4 on: May 30, 2009, 05:27:36 AM »
As a reminder...not only the per foot $$ but also total
    area disturbence fee as well...1,000 ft ROW would
    be 50,000 to 75,000 ft2 surface disturbence...and
    absolutely NO..."we will be back in month to clean-up"

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ghrit

  • 3838
  • Member since October 05, 2008
Re: Current Pipeline ROW Offers?
« Reply #5 on: May 30, 2009, 08:58:21 AM »
15 (or 30) frns a foot of pipe in the ground doesn't seem reasonable to me for the permanence of a pipeline.  I think I might take the length of the pipe, multiply by the width they think they want for construction and figure the acreage you are essentially selling off, and price it accordingly (Stoney didn't say it quite that way, but he's right.) 

And while you are at it, make sure your addendum fixes the depth of bury at a real number rather than "below plow depth" which is too subjective to be enforced.  Think of words to the effect of "below frost" which (IIRC) is defined in the plumbing codes.
There are two kinds of ships.  Submarines and targets.
www.survivalmonkey.com

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woodchuck

Re: Current Pipeline ROW Offers?
« Reply #6 on: May 30, 2009, 06:57:47 PM »
 50' wide by 500' long= 25,000 sqft   $15.00 x 500ft long=$7500.00  43,560 sqft in an acre   43,560/25,000 =1.74 , 1.74 x $7500.00=   $13,050.00/ acre sombody check my math

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Cicero

Re: Current Pipeline ROW Offers?
« Reply #7 on: May 30, 2009, 07:25:08 PM »
... Escaped The Rule of Capture ...

« Last Edit: June 27, 2009, 06:33:40 PM by Cicero »

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virtuallyme

Re: Current Pipeline ROW Offers?
« Reply #8 on: May 30, 2009, 07:35:37 PM »
sombody check my math
not sure what you were trying to prove here
25000SF =.57 acre not 1.74 (25000/43560)

but I think you may have wanted to apply the $15per foot to the whole area
which would simply be $15 x 25000 SF = $375000.
compared to only $7500. per linear foot
Cicero, you posted while I was typing.  All excellent advice.  I like the annual payments, and the "use it or lose it".

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manfield

Re: Current Pipeline ROW Offers?
« Reply #9 on: May 30, 2009, 08:52:06 PM »
Welcome to the forum pahunter!

Do you love your property? forget the money and follow your heart.

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TERRY

Re: Current Pipeline ROW Offers?
« Reply #10 on: May 30, 2009, 08:54:58 PM »
Restrict the number of lines to one.  If they wish to increase the number or size of the line, an additional sum  is required.
Agreement should stipulate the size of the pipe being installed so you are not told 12" and then wind up with 18 " or 24".
As Cicero said, bigger pipe bigger payment.

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TERRY

Re: Current Pipeline ROW Offers?
« Reply #11 on: May 30, 2009, 09:06:51 PM »
manfield
I think we all love our property.  If we didn't, we would have sold it, given it away, or let it go at a tax sale.
Following your heart is an emotional response.
I'm sure hunter will do the thing that is best for him.
The fact he is here asking for input indicates he is trying to make a decision that is best for him.

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StoneBear454f

Re: Current Pipeline ROW Offers?
« Reply #12 on: May 30, 2009, 09:17:07 PM »
Just flat out Excellent...Total surface area...
   Multiple dimension pipe issues...depth restrictions...
   ROW across ROW...seeding requirements...after care...
   reclaimation to previous state as near as possible...
   am beside self...wadda thread...congradulations...
   Whoops...howsa about ingress and egress gates with
   lock box...for key storage to prevent boned up quad
   drivers from winging across the ROW... :-\
   

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rfscala

Re: Current Pipeline ROW Offers?
« Reply #13 on: May 30, 2009, 09:49:41 PM »
Excellent recommendations!

Cicero, great list ... takes into account more of the actual facts than I have seen anywhere else. Really need to keep this thread available for later. Many landowners will be (and are being) hit with proposals for pipelines all the time, so this needs to stay front and center!!

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woodchuck

Re: Current Pipeline ROW Offers?
« Reply #14 on: May 30, 2009, 10:00:31 PM »
 they don't pay by the square foot at least not at $15.00per. I think that by multiplying the 25,000square foot by 1.74 will get you up to the per acre price.  Paying $15.00per square foot will put you in the 3/4 million range per acre.